Central National Bank

Headquarters

8320 West Highway 84
Waco, TX 76710
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.65% 0.95% →
2-Year CD 1.00% 1.05% →
5-Year CD 1.51% 2.25% →
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 National Bank is an FDIC insured institution located in Waco, TX. It was founded in 1977 and has approximately $0.96 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 22396
Date Established 1977
Assets $ 962.47 million
Loans $ 751.92 million
Deposits $ 809.94 million
Capital $ 87.81 million
 

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

Deposit Rates - September 18, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $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
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.30% $10,000 $14,999 Learn More
36 Mo CD
1.30% $100,000 $199,999 Learn More
48 Mo CD
1.40% $10,000 $14,999 Learn More
48 Mo CD
1.40% $100,000 $199,999 Learn More
60 Mo CD
1.51% $10,000 $14,999 Learn More
60 Mo CD
1.51% $100,000 $199,999 Learn More


Loan Rates - September 18, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Central National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info

Note to Central National Bank
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Branches

Central National 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:
Seattle,Washington


Central National Bank Locations


Financial Details

Central National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Central National 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 National Bank U.S. Bank Average
0.68% 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 National Bank had $94,000 in non-current loans and $575,000 in owned real estate. To cover these potential losses it had $87,805,000 in equity and $9,867,000 in loans loss reserves. That gives it a Texas Ratio of 0.68%.

Return on Equity
Central National Bank U.S. Bank Average
20.45% 7.80%

Central National Bank has a Return on Equity of 20.45% 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 National Bank U.S. Bank Average
9.12% 12.68%

Central National Bank has a Capitalization of 9.12% 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 National Bank Balance Sheet Analysis

As of March 31, 2020, Central National Bank had assets of $962,471,000, loans of $751,919,000, and deposits of $809,942,000. 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 $ 133.10 million
Interest-bearing balances $ 111.06 million
Total securities $ 65.53 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 751.92 million
Loan loss allowance $ 9.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.58 million
Goodwill and other intangibles N.A.
All other assets $ 5.68 million
     Total Assets $ 874.67 million
LIABILITIES
Total deposits $ 809.94 million
      Interest-bearing deposits $ 627.70 million
      Deposits held in domestic offices $ 809.94 million
      % insured (estimated) 63.53%
Federal funds purchased and repurchase agreements $ 40.49 million
Trading liabilities N.A.
Other borrowed funds $ 20.79 million
Subordinated debt N.A.
All other liabilities $ 3.44 million
      Total Liabilities $ 874.67 million
      Shareholders’ Equity $ 87.81 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 10.40 million
Total Interest Expense $ 1.88 million
Net interest income $ 8.52 million
Provision for loan and lease losses $ 0.28 million
Total non interest income $ 0.57 million
Total non interest expense $ 4.39 million
Pre-tax Net Operating Income $ 4.43 million

Bank Loan Profile?

The top three loan types in Central National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, Central National 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 39.57
Multifamily
Mortgages
1.90
Credit Card Loans 0.00
Consumer Auto Loans 0.32
Small Business Loans 0.00
Construction and Development Loans 12.46
Commercial Real Estate 25.24
Commercial and Industrial Loans 19.19
Farm Loans 0.11

Frequently Asked Questions About Central National Bank

Branches and Savings

Is Central National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22396.

Why does Central National 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 National Bank CD rates not competitive?

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

Is Central National Bank a commercial bank?

Yes

Where are Central National Bank locations?

See branch locations nearby.

Is Central National Bank open on Saturdays?

Is Central National Bank open on Sundays?

What time does Central National Bank open?

What time does Central National Bank close?

Are Central National Bank ATMs Open 24/7?

Do Central National Bank ATMs accept cash deposits?

Can Central National Bank customers use other ATMs?

Do Central National Bank branches have notaries?

Will Central National Bank notarize my document?

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

Will the Central National Bank branch print checks?

Do Central National Bank checks expire?

Does Central National Bank require US citizenship to open account?

Can Central National Bank close my account?

Does Central National Bank Report to credit bureaus?

Does Central National Bank Use Equifax?

What is Central National Bank's ACH Routing Number?

What is Central National Bank's SWIFT code?

Products

Does Central National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Central National Bank offer personal loans?

Compare personal loan rates here.

Does Central National Bank offer student loans?

Will Central National Bank cash a check?

Will Central National Bank redeem a savings bond?

Does Central National Bank cash savings bonds?

Will Central National Bank cash money orders?

Can Central National Bank issue a money order?

Does Central National Bank do currency exchange?

Background on The Bank

Who owns Central National Bank?

How long has Central National Bank been around?

Can Central National Bank transfer to other banks?

Does Central National Bank have quick pay?

Does Central National Bank accept rolled coins?

Will Central National Bank accept loose change?

Where is Central National Bank headquarters?

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