Central Florida State Bank

Headquarters

11800 Se U.S. Highway 441
Belleview, FL 34420
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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

Central Florida State Bank is an FDIC insured institution located in Belleview, FL. It was founded in 2002 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57186
Date Established 2002
Assets $ 71.49 million
Loans $ 46.07 million
Deposits $ 71.08 million
Capital $ 0.33 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Central Florida State Bank

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 2020

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3.746% 3.625% 1.00 $3,750 $1,141 Learn More
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License#: MC-7051
2.567% 2.500% 0.88 $2,216 $988 Learn More
AimLoan.com
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2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Central Florida State Bank
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Branches

Central Florida 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:
Ashburn,Virginia


Central Florida State Bank Locations


Financial Details

Central Florida State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central Florida 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
Central Florida State Bank U.S. Bank Average
735.16% 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, Central Florida State Bank had $15,264,000 in non-current loans and $4,703,000 in owned real estate. To cover these potential losses it had $330,000 in equity and $2,386,000 in loans loss reserves. That gives it a Texas Ratio of 735.16%.

Return on Equity
Central Florida State Bank U.S. Bank Average
-168.34% 7.80%

Central Florida State Bank has a Return on Equity of -168.34% 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
Central Florida State Bank U.S. Bank Average
0.46% 12.68%

Central Florida State Bank has a Capitalization of 0.46% 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.

Central Florida State Bank Balance Sheet Analysis

As of December 31, 2011, Central Florida State Bank had assets of $71,485,000, loans of $46,065,000, and deposits of $71,080,000. 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 $ 46.07 million
Loan loss allowance $ 2.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.70 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 71.08 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 $ 71.49 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 Central Florida State Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Central Florida State Bank’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 Central Florida State Bank

Branches and Savings

Is Central Florida State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57186.

Why does Central Florida 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 Central Florida State Bank CD rates not competitive?

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

Is Central Florida State Bank a commercial bank?

Yes

Where are Central Florida State Bank locations?

See branch locations nearby.

Is Central Florida State Bank open on Saturdays?

Is Central Florida State Bank open on Sundays?

What time does Central Florida State Bank open?

What time does Central Florida State Bank close?

Are Central Florida State Bank ATMs Open 24/7?

Do Central Florida State Bank ATMs accept cash deposits?

Can Central Florida State Bank customers use other ATMs?

Do Central Florida State Bank branches have notaries?

Will Central Florida State Bank notarize my document?

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

Will the Central Florida State Bank branch print checks?

Do Central Florida State Bank checks expire?

Does Central Florida State Bank require US citizenship to open account?

Can Central Florida State Bank close my account?

Does Central Florida State Bank Report to credit bureaus?

Does Central Florida State Bank Use Equifax?

What is Central Florida State Bank's ACH Routing Number?

What is Central Florida State Bank's SWIFT code?

Products

Does Central Florida State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Central Florida State Bank offer personal loans?

Compare personal loan rates here.

Does Central Florida State Bank offer student loans?

Will Central Florida State Bank cash a check?

Will Central Florida State Bank redeem a savings bond?

Does Central Florida State Bank cash savings bonds?

Will Central Florida State Bank cash money orders?

Can Central Florida State Bank issue a money order?

Does Central Florida State Bank do currency exchange?

Background on The Bank

Who owns Central Florida State Bank?

How long has Central Florida State Bank been around?

Can Central Florida State Bank transfer to other banks?

Does Central Florida State Bank have quick pay?

Does Central Florida State Bank accept rolled coins?

Will Central Florida State Bank accept loose change?

Where is Central Florida State Bank headquarters?

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