CenterBank of Jacksonville, National Association

Headquarters

1325 Hendricks Avenue
Jacksonville, FL 32207
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

CenterBank of Jacksonville, National Association is an FDIC insured institution located in Jacksonville, FL. It was founded in 2001 and has approximately $0.13 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35542
Date Established 2001
Assets $ 132.98 million
Loans $ 109.23 million
Deposits $ 124.95 million
Capital $ 7.49 million
 

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

Deposit Rates - November 27, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 27, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CenterBank of Jacksonville, National Association

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
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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

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 CenterBank of Jacksonville, National Association
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Branches

CenterBank of Jacksonville, National Association 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


CenterBank of Jacksonville, National Association Locations


Financial Details

CenterBank of Jacksonville, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CenterBank of Jacksonville, National Association. 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
CenterBank of Jacksonville, National Association U.S. Bank Average
80.08% 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, CenterBank of Jacksonville, National Association had $6,767,000 in non-current loans and $3,164,000 in owned real estate. To cover these potential losses it had $7,486,000 in equity and $4,916,000 in loans loss reserves. That gives it a Texas Ratio of 80.08%.

Return on Equity
CenterBank of Jacksonville, National Association U.S. Bank Average
-156.94% 7.80%

CenterBank of Jacksonville, National Association has a Return on Equity of -156.94% 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
CenterBank of Jacksonville, National Association U.S. Bank Average
5.63% 12.68%

CenterBank of Jacksonville, National Association has a Capitalization of 5.63% 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.

CenterBank of Jacksonville, National Association Balance Sheet Analysis

As of September 30, 2011, CenterBank of Jacksonville, National Association had assets of $132,984,000, loans of $109,225,000, and deposits of $124,954,000. 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 $ 109.23 million
Loan loss allowance $ 4.92 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.16 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 124.95 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 $ 132.98 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 CenterBank of Jacksonville, National Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, CenterBank of Jacksonville, National Association’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Centerbank Of Jacksonville, National Association

Branches and Savings

Is Centerbank Of Jacksonville, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #35542.

Why does Centerbank Of Jacksonville, National Association pay such low interest on savings accounts?

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

Why are Centerbank Of Jacksonville, National Association CD rates not competitive?

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

Is Centerbank Of Jacksonville, National Association a commercial bank?

Yes

Where are Centerbank Of Jacksonville, National Association locations?

See branch locations nearby.

Is Centerbank Of Jacksonville, National Association open on Saturdays?

Is Centerbank Of Jacksonville, National Association open on Sundays?

What time does Centerbank Of Jacksonville, National Association open?

What time does Centerbank Of Jacksonville, National Association close?

Are Centerbank Of Jacksonville, National Association ATMs Open 24/7?

Do Centerbank Of Jacksonville, National Association ATMs accept cash deposits?

Can Centerbank Of Jacksonville, National Association customers use other ATMs?

Do Centerbank Of Jacksonville, National Association branches have notaries?

Will Centerbank Of Jacksonville, National Association notarize my document?

What address for Centerbank Of Jacksonville, National Association should I put for incoming ACH transfers?

Will the Centerbank Of Jacksonville, National Association branch print checks?

Do Centerbank Of Jacksonville, National Association checks expire?

Does Centerbank Of Jacksonville, National Association require US citizenship to open account?

Can Centerbank Of Jacksonville, National Association close my account?

Does Centerbank Of Jacksonville, National Association Report to credit bureaus?

Does Centerbank Of Jacksonville, National Association Use Equifax?

What is Centerbank Of Jacksonville, National Association's ACH Routing Number?

What is Centerbank Of Jacksonville, National Association's SWIFT code?

Products

Does Centerbank Of Jacksonville, National Association offer mortgages?

Compare mortgage rates here.

Does Centerbank Of Jacksonville, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Centerbank Of Jacksonville, National Association offer personal loans?

Compare personal loan rates here.

Does Centerbank Of Jacksonville, National Association offer student loans?

Will Centerbank Of Jacksonville, National Association cash a check?

Will Centerbank Of Jacksonville, National Association redeem a savings bond?

Does Centerbank Of Jacksonville, National Association cash savings bonds?

Will Centerbank Of Jacksonville, National Association cash money orders?

Can Centerbank Of Jacksonville, National Association issue a money order?

Does Centerbank Of Jacksonville, National Association do currency exchange?

Background on The Bank

Who owns Centerbank Of Jacksonville, National Association?

How long has Centerbank Of Jacksonville, National Association been around?

Can Centerbank Of Jacksonville, National Association transfer to other banks?

Does Centerbank Of Jacksonville, National Association have quick pay?

Does Centerbank Of Jacksonville, National Association accept rolled coins?

Will Centerbank Of Jacksonville, National Association accept loose change?

Where is Centerbank Of Jacksonville, National Association headquarters?

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