Canton State Bank

Headquarters

100 South 4th Street
Canton, MO 63435
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.05% →
1-Year CD 0.65% 0.95% →
2-Year CD 0.80% 1.05% →
5-Year CD 1.26% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Canton State Bank is an FDIC insured institution located in Canton, MO. It was founded in 1935 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 15285
Date Established 1935
Assets $ 33.63 million
Loans $ 22.05 million
Deposits $ 29.52 million
Capital $ 3.35 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.40% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
18 Mo CD
0.70% $10,000 $14,999 Learn More
18 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.17% $10,000 $14,999 Learn More
48 Mo CD
1.17% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 $99 Learn MoreShow Less
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Canton State 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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 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
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Canton State Bank
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Branches

Canton State 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


Canton State Bank Locations


Financial Details

Canton State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Canton State 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
Canton State Bank U.S. Bank Average
6.01% 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, Canton State Bank had $216,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,351,000 in equity and $243,000 in loans loss reserves. That gives it a Texas Ratio of 6.01%.

Return on Equity
Canton State Bank U.S. Bank Average
0.7% 7.80%

Canton State Bank has a Return on Equity of 0.7% 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
Canton State Bank U.S. Bank Average
9.97% 12.68%

Canton State Bank has a Capitalization of 9.97% 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.

Canton State Bank Balance Sheet Analysis

As of March 31, 2020, Canton State Bank had assets of $33,626,000, loans of $22,047,000, and deposits of $29,516,000. 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 $ 2.06 million
Interest-bearing balances $ 1.00 million
Total securities $ 4.99 million
Federal funds sold and reverse repurchase $ 3.41 million
Net loans and leases $ 22.05 million
Loan loss allowance $ 0.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.96 million
     Total Assets $ 30.28 million
LIABILITIES
Total deposits $ 29.52 million
      Interest-bearing deposits $ 20.05 million
      Deposits held in domestic offices $ 29.52 million
      % insured (estimated) 75.53%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.70 million
Subordinated debt N.A.
All other liabilities $ 0.06 million
      Total Liabilities $ 30.28 million
      Shareholders’ Equity $ 3.35 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.35 million
Total Interest Expense $ 0.05 million
Net interest income $ 0.30 million
Provision for loan and lease losses $ 0.00 million
Total non interest income $ 0.01 million
Total non interest expense $ 0.27 million
Pre-tax Net Operating Income $ 0.04 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Canton State Bank has a significantly higher percent of 1-4 Family Residential 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 49.03
Multifamily
Mortgages
4.69
Credit Card Loans 0.00
Consumer Auto Loans 1.58
Small Business Loans 0.00
Construction and Development Loans 0.89
Commercial Real Estate 6.35
Commercial and Industrial Loans 7.21
Farm Loans 7.47

Frequently Asked Questions About Canton State Bank

Branches and Savings

Is Canton State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15285.

Why does Canton State Bank pay such low interest on savings accounts?

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

Why are Canton State Bank CD rates not competitive?

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

Is Canton State Bank a commercial bank?

Yes

Where are Canton State Bank locations?

See branch locations nearby.

Is Canton State Bank open on Saturdays?

Is Canton State Bank open on Sundays?

What time does Canton State Bank open?

What time does Canton State Bank close?

Are Canton State Bank ATMs Open 24/7?

Do Canton State Bank ATMs accept cash deposits?

Can Canton State Bank customers use other ATMs?

Do Canton State Bank branches have notaries?

Will Canton State Bank notarize my document?

What address for Canton State Bank should I put for incoming ACH transfers?

Will the Canton State Bank branch print checks?

Do Canton State Bank checks expire?

Does Canton State Bank require US citizenship to open account?

Can Canton State Bank close my account?

Does Canton State Bank Report to credit bureaus?

Does Canton State Bank Use Equifax?

What is Canton State Bank's ACH Routing Number?

What is Canton State Bank's SWIFT code?

Products

Does Canton State Bank offer mortgages?

Compare mortgage rates here.

Does Canton State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Canton State Bank offer personal loans?

Compare personal loan rates here.

Does Canton State Bank offer student loans?

Will Canton State Bank cash a check?

Will Canton State Bank redeem a savings bond?

Does Canton State Bank cash savings bonds?

Will Canton State Bank cash money orders?

Can Canton State Bank issue a money order?

Does Canton State Bank do currency exchange?

Background on The Bank

Who owns Canton State Bank?

How long has Canton State Bank been around?

Can Canton State Bank transfer to other banks?

Does Canton State Bank have quick pay?

Does Canton State Bank accept rolled coins?

Will Canton State Bank accept loose change?

Where is Canton State Bank headquarters?

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