Chester County Bank

Headquarters

Main And Franklin Streets
Henderson, TN 38340
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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

Chester County Bank is an FDIC insured institution located in Henderson, TN. It was founded in 1968 and has approximately $0.07 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 19813
Date Established 1968
Assets $ 73.12 million
Loans $ 25.14 million
Deposits $ 62.38 million
Capital $ 8.46 million
 

For a more detailed analysis of Chester County 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: Connecticut, CT 06828


Loan Rates - September 18, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Chester County 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
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 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
2.990 %
$0 Learn More
More Info

Note to Chester County Bank
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Branches

Chester County 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


Chester County Bank Locations


Financial Details

Chester County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Chester County 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
Chester County Bank U.S. Bank Average
5.78% 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, Chester County Bank had $512,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,456,000 in equity and $406,000 in loans loss reserves. That gives it a Texas Ratio of 5.78%.

Return on Equity
Chester County Bank U.S. Bank Average
7.94% 7.80%

Chester County Bank has a Return on Equity of 7.94% 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
Chester County Bank U.S. Bank Average
11.57% 12.68%

Chester County Bank has a Capitalization of 11.57% 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.

Chester County Bank Balance Sheet Analysis

As of June 30, 2019, Chester County Bank had assets of $70,985,000, loans of $25,135,000, and deposits of $62,384,000. 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 $ 15.32 million
Interest-bearing balances $ 11.16 million
Total securities $ 24.43 million
Federal funds sold and reverse repurchase $ 4.77 million
Net loans and leases $ 25.14 million
Loan loss allowance $ 0.41 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 $ 0.64 million
     Total Assets $ 62.53 million
LIABILITIES
Total deposits $ 62.38 million
      Interest-bearing deposits $ 39.79 million
      Deposits held in domestic offices $ 62.38 million
      % insured (estimated) 87.84%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 62.53 million
      Shareholders’ Equity $ 10.59 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.39 million
Total Interest Expense $ 0.23 million
Net interest income $ 1.17 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.17 million
Total non interest expense $ 0.98 million
Pre-tax Net Operating Income $ 0.35 million

Bank Loan Profile?

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

Compared to other banks in Tennessee, Chester County Bank has a significantly higher percent of Small Business Loans, Farm 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 38.61
Multifamily
Mortgages
0.36
Credit Card Loans 0.00
Consumer Auto Loans 5.26
Small Business Loans 9.74
Construction and Development Loans 6.12
Commercial Real Estate 18.07
Commercial and Industrial Loans 11.60
Farm Loans 10.70

Frequently Asked Questions About Chester County Bank

Branches and Savings

Is Chester County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19813.

Why does Chester County Bank pay such low interest on savings accounts?

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

Why are Chester County Bank CD rates not competitive?

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

Is Chester County Bank a commercial bank?

Yes

Where are Chester County Bank locations?

See branch locations nearby.

Is Chester County Bank open on Saturdays?

Is Chester County Bank open on Sundays?

What time does Chester County Bank open?

What time does Chester County Bank close?

Are Chester County Bank ATMs Open 24/7?

Do Chester County Bank ATMs accept cash deposits?

Can Chester County Bank customers use other ATMs?

Do Chester County Bank branches have notaries?

Will Chester County Bank notarize my document?

What address for Chester County Bank should I put for incoming ACH transfers?

Will the Chester County Bank branch print checks?

Do Chester County Bank checks expire?

Does Chester County Bank require US citizenship to open account?

Can Chester County Bank close my account?

Does Chester County Bank Report to credit bureaus?

Does Chester County Bank Use Equifax?

What is Chester County Bank's ACH Routing Number?

What is Chester County Bank's SWIFT code?

Products

Does Chester County Bank offer mortgages?

Compare mortgage rates here.

Does Chester County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Chester County Bank offer personal loans?

Compare personal loan rates here.

Does Chester County Bank offer student loans?

Will Chester County Bank cash a check?

Will Chester County Bank redeem a savings bond?

Does Chester County Bank cash savings bonds?

Will Chester County Bank cash money orders?

Can Chester County Bank issue a money order?

Does Chester County Bank do currency exchange?

Background on The Bank

Who owns Chester County Bank?

How long has Chester County Bank been around?

Can Chester County Bank transfer to other banks?

Does Chester County Bank have quick pay?

Does Chester County Bank accept rolled coins?

Will Chester County Bank accept loose change?

Where is Chester County Bank headquarters?

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