Century Bank of Kentucky, Inc.

Headquarters

201 West Woodford Street
Lawrenceburg, KY 40342
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 1.30% 0.95% →
2-Year CD 1.45% 1.05% →
5-Year CD 1.60% 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

Century Bank of Kentucky, Inc. is an FDIC insured institution located in Lawrenceburg, KY. It was founded in 2000 and has approximately $0.14 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35450
Date Established 2000
Assets $ 142.58 million
Loans $ 106.82 million
Deposits $ 120.39 million
Capital $ 15.83 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 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
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
1.30% $10,000 $14,999 Learn More
12 Mo CD
1.30% $100,000 $199,999 Learn More
18 Mo CD
1.40% $10,000 $14,999 Learn More
18 Mo CD
1.40% $100,000 $199,999 Learn More
24 Mo CD
1.45% $10,000 $14,999 Learn More
24 Mo CD
1.45% $100,000 $199,999 Learn More
30 Mo CD
1.50% $10,000 $14,999 Learn More
30 Mo CD
1.50% $100,000 $199,999 Learn More
36 Mo CD
1.50% $10,000 $14,999 Learn More
36 Mo CD
1.50% $100,000 $199,999 Learn More
48 Mo CD
1.55% $10,000 $14,999 Learn More
48 Mo CD
1.55% $100,000 $199,999 Learn More
60 Mo CD
1.60% $10,000 $14,999 Learn More
60 Mo CD
1.60% $100,000 $199,999 Learn More


Loan Rates - September 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Century Bank of Kentucky, Inc.

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Virginia 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 Century Bank of Kentucky, Inc.
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Century Bank of Kentucky, 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:
Ashburn,Virginia


Century Bank of Kentucky, Inc. Locations


Financial Details

Century Bank of Kentucky, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Century Bank of Kentucky, 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
Century Bank of Kentucky, Inc. U.S. Bank Average
9.77% 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, Century Bank of Kentucky, Inc. had $1,669,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,829,000 in equity and $1,249,000 in loans loss reserves. That gives it a Texas Ratio of 9.77%.

Return on Equity
Century Bank of Kentucky, Inc. U.S. Bank Average
15.47% 7.80%

Century Bank of Kentucky, Inc. has a Return on Equity of 15.47% 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
Century Bank of Kentucky, Inc. U.S. Bank Average
11.1% 12.68%

Century Bank of Kentucky, Inc. has a Capitalization of 11.1% 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.

Century Bank of Kentucky, Inc. Balance Sheet Analysis

As of March 31, 2020, Century Bank of Kentucky, Inc. had assets of $142,583,000, loans of $106,815,000, and deposits of $120,388,000. 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 $ 13.98 million
Interest-bearing balances $ 13.18 million
Total securities $ 16.59 million
Federal funds sold and reverse repurchase $ 2.08 million
Net loans and leases $ 106.82 million
Loan loss allowance $ 1.25 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 $ 2.01 million
     Total Assets $ 126.75 million
LIABILITIES
Total deposits $ 120.39 million
      Interest-bearing deposits $ 103.30 million
      Deposits held in domestic offices $ 120.39 million
      % insured (estimated) 88.78%
Federal funds purchased and repurchase agreements $ 6.06 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.31 million
      Total Liabilities $ 126.75 million
      Shareholders’ Equity $ 15.83 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.59 million
Total Interest Expense $ 0.30 million
Net interest income $ 1.30 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.14 million
Total non interest expense $ 0.83 million
Pre-tax Net Operating Income $ 0.60 million

Bank Loan Profile?

The top three loan types in Century Bank of Kentucky, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Kentucky, Century Bank of Kentucky, Inc. has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 50.23
Multifamily
Mortgages
8.38
Credit Card Loans 0.00
Consumer Auto Loans 0.81
Small Business Loans 0.00
Construction and Development Loans 14.79
Commercial Real Estate 20.86
Commercial and Industrial Loans 3.90
Farm Loans 0.04

Frequently Asked Questions About Century Bank Of Kentucky, Inc.

Branches and Savings

Is Century Bank Of Kentucky, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #35450.

Why does Century Bank Of Kentucky, Inc. pay such low interest on savings accounts?

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

Why are Century Bank Of Kentucky, Inc. CD rates not competitive?

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

Is Century Bank Of Kentucky, Inc. a commercial bank?

Yes

Where are Century Bank Of Kentucky, Inc. locations?

See branch locations nearby.

Is Century Bank Of Kentucky, Inc. open on Saturdays?

Is Century Bank Of Kentucky, Inc. open on Sundays?

What time does Century Bank Of Kentucky, Inc. open?

What time does Century Bank Of Kentucky, Inc. close?

Are Century Bank Of Kentucky, Inc. ATMs Open 24/7?

Do Century Bank Of Kentucky, Inc. ATMs accept cash deposits?

Can Century Bank Of Kentucky, Inc. customers use other ATMs?

Do Century Bank Of Kentucky, Inc. branches have notaries?

Will Century Bank Of Kentucky, Inc. notarize my document?

What address for Century Bank Of Kentucky, Inc. should I put for incoming ACH transfers?

Will the Century Bank Of Kentucky, Inc. branch print checks?

Do Century Bank Of Kentucky, Inc. checks expire?

Does Century Bank Of Kentucky, Inc. require US citizenship to open account?

Can Century Bank Of Kentucky, Inc. close my account?

Does Century Bank Of Kentucky, Inc. Report to credit bureaus?

Does Century Bank Of Kentucky, Inc. Use Equifax?

What is Century Bank Of Kentucky, Inc.'s ACH Routing Number?

What is Century Bank Of Kentucky, Inc.'s SWIFT code?

Products

Does Century Bank Of Kentucky, Inc. offer mortgages?

Compare mortgage rates here.

Does Century Bank Of Kentucky, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Century Bank Of Kentucky, Inc. offer personal loans?

Compare personal loan rates here.

Does Century Bank Of Kentucky, Inc. offer student loans?

Will Century Bank Of Kentucky, Inc. cash a check?

Will Century Bank Of Kentucky, Inc. redeem a savings bond?

Does Century Bank Of Kentucky, Inc. cash savings bonds?

Will Century Bank Of Kentucky, Inc. cash money orders?

Can Century Bank Of Kentucky, Inc. issue a money order?

Does Century Bank Of Kentucky, Inc. do currency exchange?

Background on The Bank

Who owns Century Bank Of Kentucky, Inc.?

How long has Century Bank Of Kentucky, Inc. been around?

Can Century Bank Of Kentucky, Inc. transfer to other banks?

Does Century Bank Of Kentucky, Inc. have quick pay?

Does Century Bank Of Kentucky, Inc. accept rolled coins?

Will Century Bank Of Kentucky, Inc. accept loose change?

Where is Century Bank Of Kentucky, Inc. headquarters?

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