Brookhaven Bank

Headquarters

2987 Clairmont Road, Ne, Suite 150
Atlanta, GA 30329
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Brookhaven Bank is an FDIC insured institution located in Atlanta, GA. It was founded in 2007 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58456
Date Established 2007
Assets $ 168.79 million
Loans $ 117.11 million
Deposits $ 138.90 million
Capital $ 20.88 million
 

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

Deposit Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Brookhaven Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.687% 2.625% 0.63 $2,015 $1,005 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.557% 2.500% 0.75 $1,880 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.243% 3.125% 1.00 $3,750 $1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Brookhaven Bank
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Branches

Brookhaven 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:
Fairfield,Connecticut


Brookhaven Bank Locations


Financial Details

Brookhaven Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Brookhaven 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
Brookhaven Bank U.S. Bank Average
14.11% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Brookhaven Bank had $2,144,000 in non-current loans and $1,125,000 in owned real estate. To cover these potential losses it had $20,878,000 in equity and $2,296,000 in loans loss reserves. That gives it a Texas Ratio of 14.11%.

Return on Equity
Brookhaven Bank U.S. Bank Average
17.43% 7.80%

Brookhaven Bank has a Return on Equity of 17.43% versus the BestCashCow average of 7.80%. 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
Brookhaven Bank U.S. Bank Average
12.37% 12.68%

Brookhaven Bank has a Capitalization of 12.37% versus the BestCashCow average of 12.68. 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.

Brookhaven Bank Balance Sheet Analysis

As of September 30, 2013, Brookhaven Bank had assets of $168,787,000, loans of $117,111,000, and deposits of $138,898,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 117.11 million
Loan loss allowance $ 2.30 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.13 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 138.90 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 168.79 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Brookhaven Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Georgia, Brookhaven Bank has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 6.41
Multifamily
Mortgages
1.68
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 11.20
Construction and Development Loans 9.96
Commercial Real Estate 44.03
Commercial and Industrial Loans 39.15
Farm Loans 0.00

Frequently Asked Questions About Brookhaven Bank

Branches and Savings

Is Brookhaven Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58456.

Why does Brookhaven Bank pay such low interest on savings accounts?

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

Why are Brookhaven Bank CD rates not competitive?

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

Is Brookhaven Bank a commercial bank?

Yes

Where are Brookhaven Bank locations?

See branch locations nearby.

Is Brookhaven Bank open on Saturdays?

Is Brookhaven Bank open on Sundays?

What time does Brookhaven Bank open?

What time does Brookhaven Bank close?

Are Brookhaven Bank ATMs Open 24/7?

Do Brookhaven Bank ATMs accept cash deposits?

Can Brookhaven Bank customers use other ATMs?

Do Brookhaven Bank branches have notaries?

Will Brookhaven Bank notarize my document?

What address for Brookhaven Bank should I put for incoming ACH transfers?

Will the Brookhaven Bank branch print checks?

Do Brookhaven Bank checks expire?

Does Brookhaven Bank require US citizenship to open account?

Can Brookhaven Bank close my account?

Does Brookhaven Bank Report to credit bureaus?

Does Brookhaven Bank Use Equifax?

What is Brookhaven Bank's ACH Routing Number?

What is Brookhaven Bank's SWIFT code?

Products

Does Brookhaven Bank offer mortgages?

Compare mortgage rates here.

Does Brookhaven Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Brookhaven Bank offer personal loans?

Compare personal loan rates here.

Does Brookhaven Bank offer student loans?

Will Brookhaven Bank cash a check?

Will Brookhaven Bank redeem a savings bond?

Does Brookhaven Bank cash savings bonds?

Will Brookhaven Bank cash money orders?

Can Brookhaven Bank issue a money order?

Does Brookhaven Bank do currency exchange?

Background on The Bank

Who owns Brookhaven Bank?

How long has Brookhaven Bank been around?

Can Brookhaven Bank transfer to other banks?

Does Brookhaven Bank have quick pay?

Does Brookhaven Bank accept rolled coins?

Will Brookhaven Bank accept loose change?

Where is Brookhaven Bank headquarters?

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