Cass County Bank, Inc.

Headquarters

2020 West 8th Avenue
Plattsmouth, NE 68048
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 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

Cass County Bank, Inc. is an FDIC insured institution located in Plattsmouth, NE. It was founded in 1966 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 19645
Date Established 1966
Assets $ 70.93 million
Loans $ 55.30 million
Deposits $ 65.16 million
Capital $ 7.98 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Cass County Bank, Inc.

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 $2,122 $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

Note to Cass County Bank, Inc.
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Branches

Cass County Bank, Inc. 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


Cass County Bank, Inc. Locations


Financial Details

Cass County Bank, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cass County Bank, Inc.. 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
Cass County Bank, Inc. U.S. Bank Average
30.24% 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, Cass County Bank, Inc. had $2,731,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,982,000 in equity and $1,048,000 in loans loss reserves. That gives it a Texas Ratio of 30.24%.

Return on Equity
Cass County Bank, Inc. U.S. Bank Average
6.6% 7.80%

Cass County Bank, Inc. has a Return on Equity of 6.6% 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
Cass County Bank, Inc. U.S. Bank Average
11.25% 12.68%

Cass County Bank, Inc. has a Capitalization of 11.25% 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.

Cass County Bank, Inc. Balance Sheet Analysis

As of September 30, 2019, Cass County Bank, Inc. had assets of $73,347,000, loans of $55,302,000, and deposits of $65,164,000. 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 $ 4.34 million
Interest-bearing balances $ 0.38 million
Total securities $ 4.33 million
Federal funds sold and reverse repurchase $ 4.67 million
Net loans and leases $ 55.30 million
Loan loss allowance $ 1.05 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.41 million
All other assets $ 0.95 million
     Total Assets $ 65.37 million
LIABILITIES
Total deposits $ 65.16 million
      Interest-bearing deposits $ 55.50 million
      Deposits held in domestic offices $ 65.16 million
      % insured (estimated) 92.31%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.20 million
      Total Liabilities $ 65.37 million
      Shareholders’ Equity $ 5.56 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.46 million
Total Interest Expense $ 0.45 million
Net interest income $ 2.01 million
Provision for loan and lease losses $ 0.09 million
Total non interest income $ 0.16 million
Total non interest expense $ 1.70 million
Pre-tax Net Operating Income $ 0.38 million

Bank Loan Profile?

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

Compared to other banks in Nebraska, Cass County Bank, Inc. has a significantly higher percent of 1-4 Family Residential Loans, 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 29.51
Multifamily
Mortgages
1.59
Credit Card Loans 0.00
Consumer Auto Loans 0.39
Small Business Loans 10.22
Construction and Development Loans 7.58
Commercial Real Estate 10.62
Commercial and Industrial Loans 16.10
Farm Loans 12.99

Frequently Asked Questions About Cass County Bank, Inc.

Branches and Savings

Is Cass County Bank, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #19645.

Why does Cass County Bank, Inc. pay such low interest on savings accounts?

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

Why are Cass County Bank, Inc. CD rates not competitive?

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

Is Cass County Bank, Inc. a commercial bank?

Yes

Where are Cass County Bank, Inc. locations?

See branch locations nearby.

Is Cass County Bank, Inc. open on Saturdays?

Is Cass County Bank, Inc. open on Sundays?

What time does Cass County Bank, Inc. open?

What time does Cass County Bank, Inc. close?

Are Cass County Bank, Inc. ATMs Open 24/7?

Do Cass County Bank, Inc. ATMs accept cash deposits?

Can Cass County Bank, Inc. customers use other ATMs?

Do Cass County Bank, Inc. branches have notaries?

Will Cass County Bank, Inc. notarize my document?

What address for Cass County Bank, Inc. should I put for incoming ACH transfers?

Will the Cass County Bank, Inc. branch print checks?

Do Cass County Bank, Inc. checks expire?

Does Cass County Bank, Inc. require US citizenship to open account?

Can Cass County Bank, Inc. close my account?

Does Cass County Bank, Inc. Report to credit bureaus?

Does Cass County Bank, Inc. Use Equifax?

What is Cass County Bank, Inc.'s ACH Routing Number?

What is Cass County Bank, Inc.'s SWIFT code?

Products

Does Cass County Bank, Inc. offer mortgages?

Compare mortgage rates here.

Does Cass County Bank, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cass County Bank, Inc. offer personal loans?

Compare personal loan rates here.

Does Cass County Bank, Inc. offer student loans?

Will Cass County Bank, Inc. cash a check?

Will Cass County Bank, Inc. redeem a savings bond?

Does Cass County Bank, Inc. cash savings bonds?

Will Cass County Bank, Inc. cash money orders?

Can Cass County Bank, Inc. issue a money order?

Does Cass County Bank, Inc. do currency exchange?

Background on The Bank

Who owns Cass County Bank, Inc.?

How long has Cass County Bank, Inc. been around?

Can Cass County Bank, Inc. transfer to other banks?

Does Cass County Bank, Inc. have quick pay?

Does Cass County Bank, Inc. accept rolled coins?

Will Cass County Bank, Inc. accept loose change?

Where is Cass County Bank, Inc. headquarters?

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