Cabarrus Bank & Trust Company

25 Palaside Drive, N.E.
Concord, NC 28026

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57545
Date Established 2003
Assets $0.13 billion
Loans $0.07 billion
Deposits $0.11 billion
Capital $0.01 billion

Cabarrus Bank & Trust Company is an FDIC insured institution located in Concord, NC. It was founded in 2003 and has approximately $0.13 billion in assets.

For a more detailed analysis of Cabarrus Bank & Trust Company'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 Cabarrus Bank & Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in North Carolina, Cabarrus Bank & Trust Company has a significantly higher percent of Small Business 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 38.60
Multifamily
Mortgages
3.26
Credit Card Loans 0.49
Consumer Auto Loans 0.18
Small Business Loans 27.41
Construction and Development Loans 6.45
Commercial Real Estate 39.47
Commercial and Industrial Loans 9.09
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Cabarrus Bank & Trust Company, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Cabarrus Bank & Trust Company

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $628 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
3.832% 3.750% 0.00 $2,500 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Cabarrus Bank & Trust Company
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Branches

Cabarrus Bank & Trust Company 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


Cabarrus Bank & Trust Company Locations

Financial Details

Cabarrus Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cabarrus Bank & Trust Company. 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
Cabarrus Bank & Trust Company U.S. Bank Average
25.06% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Cabarrus Bank & Trust Company had $978,000 in non-current loans and $2,237,000 in owned real estate. To cover these potential losses it had $11,706,000 in equity and $1,122,000 in loans loss reserves. That gives it a Texas Ratio of 25.06%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Cabarrus Bank & Trust Company U.S. Bank Average
3.88% 8.58

Cabarrus Bank & Trust Company has a Return on Equity of 3.88% versus the BestCashCow average of 8.58. 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
Cabarrus Bank & Trust Company U.S. Bank Average
9.27% 12.11

Cabarrus Bank & Trust Company has a Capitalization of 9.27% versus the BestCashCow average of 12.11. 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.

Cabarrus Bank & Trust Company Balance Sheet Analysis

As of June 30, 2013, Cabarrus Bank & Trust Company had assets of $126,323,000, loans of $69,508,000, and deposits of $113,926,000. 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.

Frequently Asked Questions About Cabarrus Bank & Trust Company

Branches and Savings

Is Cabarrus Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #57545.

Why does Cabarrus Bank & Trust Company pay such low interest on savings accounts?

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

Why are Cabarrus Bank & Trust Company CD rates not competitive?

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

Is Cabarrus Bank & Trust Company a commercial bank?

Yes

Where are Cabarrus Bank & Trust Company locations?

See branch locations nearby.

Is Cabarrus Bank & Trust Company open on Saturdays?

Is Cabarrus Bank & Trust Company open on Sundays?

What time does Cabarrus Bank & Trust Company open?

What time does Cabarrus Bank & Trust Company close?

Are Cabarrus Bank & Trust Company ATMs Open 24/7?

Do Cabarrus Bank & Trust Company ATMs accept cash deposits?

Can Cabarrus Bank & Trust Company customers use other ATMs?

Do Cabarrus Bank & Trust Company branches have notaries?

Will Cabarrus Bank & Trust Company notarize my document?

What address for Cabarrus Bank & Trust Company should I put for incoming ACH transfers?

Will the Cabarrus Bank & Trust Company branch print checks?

Do Cabarrus Bank & Trust Company checks expire?

Does Cabarrus Bank & Trust Company require US citizenship to open account?

Can Cabarrus Bank & Trust Company close my account?

Does Cabarrus Bank & Trust Company Report to credit bureaus?

Does Cabarrus Bank & Trust Company Use Equifax?

What is Cabarrus Bank & Trust Company's ACH Routing Number?

What is Cabarrus Bank & Trust Company's SWIFT code?

Products

Does Cabarrus Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Cabarrus Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cabarrus Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Cabarrus Bank & Trust Company offer student loans?

Will Cabarrus Bank & Trust Company cash a check?

Will Cabarrus Bank & Trust Company redeem a savings bond?

Does Cabarrus Bank & Trust Company cash savings bonds?

Will Cabarrus Bank & Trust Company cash money orders?

Can Cabarrus Bank & Trust Company issue a money order?

Does Cabarrus Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Cabarrus Bank & Trust Company?

How long has Cabarrus Bank & Trust Company been around?

Can Cabarrus Bank & Trust Company transfer to other banks?

Does Cabarrus Bank & Trust Company have quick pay?

Does Cabarrus Bank & Trust Company accept rolled coins?

Will Cabarrus Bank & Trust Company accept loose change?

Where is Cabarrus Bank & Trust Company headquarters?

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