Bridge Community Bank

302 Highway 1 South
Mount Vernon, IA 52314

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12717
Date Established 1903
Assets $0.09 billion
Loans $0.06 billion
Deposits $0.08 billion
Capital $0.01 billion

Bridge Community Bank is an FDIC insured institution located in Mount Vernon, IA. It was founded in 1903 and has approximately $0.09 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Bridge Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bridge Community Bank’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks, Bridge Community Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 34.18
Multifamily
Mortgages
1.93
Credit Card Loans 0.00
Consumer Auto Loans 4.39
Small Business Loans 7.82
Construction and Development Loans 1.37
Commercial Real Estate 11.14
Commercial and Industrial Loans 16.83
Farm Loans 18.01

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
Savings Rates APY MIN MAX
Variable IRA Rates APY MIN MAX
VARIRA0K
0.90% $100 $1,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM2.5K
0.35% $2,500 $9,999 Learn MoreShow Less
MM25K
0.45% $10,000 $49,999 Learn MoreShow Less
PREMM Rates APY MIN MAX
PREMMM10K
0.40% $10,000 $24,999 Learn MoreShow Less
PREMMM25K
0.50% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.40% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bridge Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,337 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More

Note to Bridge Community Bank
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Branches

Bridge Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bridge Community Bank Locations

Financial Details

Bridge Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bridge Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bridge Community Bank U.S. Bank Average
0.81% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Bridge Community Bank had $15,000 in non-current loans and $69,000 in owned real estate. To cover these potential losses it had $9,771,000 in equity and $630,000 in loans loss reserves. That gives it a Texas Ratio of 0.81%.

Return on Equity
Bridge Community Bank U.S. Bank Average
8.22% 8.84%

Bridge Community Bank has a Return on Equity of 8.22% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bridge Community Bank U.S. Bank Average
10.57% 12.21%

Bridge Community Bank has a Capitalization of 10.57% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bridge Community Bank Balance Sheet Analysis

As of December 31, 2017, Bridge Community Bank had assets of $92,430,000, loans of $61,863,000, and deposits of $82,083,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.08 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 74.07%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.08 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bridge Community Bank

Branches and Savings

Is Bridge Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12717.

Why does Bridge Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bridge Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bridge Community Bank a commercial bank?

Yes

Where are Bridge Community Bank locations?

See branch locations nearby.

Is Bridge Community Bank open on Saturdays?

Is Bridge Community Bank open on Sundays?

What time does Bridge Community Bank open?

What time does Bridge Community Bank close?

Are Bridge Community Bank ATMs Open 24/7?

Do Bridge Community Bank ATMs accept cash deposits?

Can Bridge Community Bank customers use other ATMs?

Do Bridge Community Bank branches have notaries?

Will Bridge Community Bank notarize my document?

What address for Bridge Community Bank should I put for incoming ACH transfers?

Will the Bridge Community Bank branch print checks?

Do Bridge Community Bank checks expire?

Does Bridge Community Bank require US citizenship to open account?

Can Bridge Community Bank close my account?

Does Bridge Community Bank Report to credit bureaus?

Does Bridge Community Bank Use Equifax?

What is Bridge Community Bank's ACH Routing Number?

What is Bridge Community Bank's SWIFT code?

Products

Does Bridge Community Bank offer mortgages?

Compare mortgage rates here.

Does Bridge Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bridge Community Bank offer personal loans?

Compare personal loan rates here.

Does Bridge Community Bank offer student loans?

Will Bridge Community Bank cash a check?

Will Bridge Community Bank redeem a savings bond?

Does Bridge Community Bank cash savings bonds?

Will Bridge Community Bank cash money orders?

Can Bridge Community Bank issue a money order?

Does Bridge Community Bank do currency exchange?

Background on The Bank

Who owns Bridge Community Bank?

How long has Bridge Community Bank been around?

Can Bridge Community Bank transfer to other banks?

Does Bridge Community Bank have quick pay?

Does Bridge Community Bank accept rolled coins?

Will Bridge Community Bank accept loose change?

Where is Bridge Community Bank headquarters?

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