Century Security Bank

Headquarters

5955 State Bridge Road, Suite 100
Duluth, GA 30097
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

Century Security Bank is an FDIC insured institution located in Duluth, GA. It was founded in 2006 and has approximately $0.1 billion in assets.

Century Security Bank, Duluth, Georgia, was closed March 19, 2010 by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Bank of Upson, Thomaston, Georgia, to assume all of the deposits of Century Security Bank.

FDIC Insured Yes
FDIC Certificate # 58104
Date Established 2006
Assets $ 96.54 million
Loans $ 62.55 million
Deposits $ 93.97 million
Capital $ 2.28 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Century Security Bank

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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AimLoan.com
NMLS ID: 2890
License#: 13256
2.570% 2.500% 0.88 $2,312 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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
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2.240 %
$0 Learn More
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People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Note to Century Security Bank
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Branches

Century Security 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:
Fairfield,Connecticut


Century Security Bank Locations


Financial Details

Century Security Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Century Security 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
Century Security Bank U.S. Bank Average
219.09% 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 Security Bank had $7,381,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,282,000 in equity and $1,087,000 in loans loss reserves. That gives it a Texas Ratio of 219.09%.

Return on Equity
Century Security Bank U.S. Bank Average
-104.98% 7.80%

Century Security Bank has a Return on Equity of -104.98% 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 Security Bank U.S. Bank Average
2.36% 12.68%

Century Security Bank has a Capitalization of 2.36% 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 Security Bank Balance Sheet Analysis

As of November 30, -0001, Century Security Bank had assets of $96,535,000, loans of $62,547,000, and deposits of $93,967,000. 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 $ 62.55 million
Loan loss allowance $ 1.09 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 93.97 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 $ 96.54 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 Century Security Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Century Security 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 Century Security Bank

Branches and Savings

Is Century Security Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58104.

Why does Century Security Bank pay such low interest on savings accounts?

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

Why are Century Security Bank CD rates not competitive?

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

Is Century Security Bank a commercial bank?

Yes

Where are Century Security Bank locations?

See branch locations nearby.

Is Century Security Bank open on Saturdays?

Is Century Security Bank open on Sundays?

What time does Century Security Bank open?

What time does Century Security Bank close?

Are Century Security Bank ATMs Open 24/7?

Do Century Security Bank ATMs accept cash deposits?

Can Century Security Bank customers use other ATMs?

Do Century Security Bank branches have notaries?

Will Century Security Bank notarize my document?

What address for Century Security Bank should I put for incoming ACH transfers?

Will the Century Security Bank branch print checks?

Do Century Security Bank checks expire?

Does Century Security Bank require US citizenship to open account?

Can Century Security Bank close my account?

Does Century Security Bank Report to credit bureaus?

Does Century Security Bank Use Equifax?

What is Century Security Bank's ACH Routing Number?

What is Century Security Bank's SWIFT code?

Products

Does Century Security Bank offer mortgages?

Compare mortgage rates here.

Does Century Security Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Century Security Bank offer personal loans?

Compare personal loan rates here.

Does Century Security Bank offer student loans?

Will Century Security Bank cash a check?

Will Century Security Bank redeem a savings bond?

Does Century Security Bank cash savings bonds?

Will Century Security Bank cash money orders?

Can Century Security Bank issue a money order?

Does Century Security Bank do currency exchange?

Background on The Bank

Who owns Century Security Bank?

How long has Century Security Bank been around?

Can Century Security Bank transfer to other banks?

Does Century Security Bank have quick pay?

Does Century Security Bank accept rolled coins?

Will Century Security Bank accept loose change?

Where is Century Security Bank headquarters?

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