Chillicothe State Bank

Headquarters

600 Washington Street
Chillicothe, MO 64601
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

Chillicothe State Bank is an FDIC insured institution located in Chillicothe, MO. It was founded in 1937 and has approximately $0.12 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 15546
Date Established 1937
Assets $ 123.78 million
Loans $ 70.31 million
Deposits $ 111.73 million
Capital $ 11.23 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Chillicothe State 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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $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 Chillicothe State Bank
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Branches

Chillicothe 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:
Fairfield,Connecticut


Chillicothe State Bank Locations


Financial Details

Chillicothe State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Chillicothe 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
Chillicothe State Bank U.S. Bank Average
7.02% 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, Chillicothe State Bank had $847,000 in non-current loans and $17,000 in owned real estate. To cover these potential losses it had $11,226,000 in equity and $1,073,000 in loans loss reserves. That gives it a Texas Ratio of 7.02%.

Return on Equity
Chillicothe State Bank U.S. Bank Average
14.13% 7.80%

Chillicothe State Bank has a Return on Equity of 14.13% 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
Chillicothe State Bank U.S. Bank Average
9.07% 12.68%

Chillicothe State Bank has a Capitalization of 9.07% 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.

Chillicothe State Bank Balance Sheet Analysis

As of March 31, 2020, Chillicothe State Bank had assets of $123,780,000, loans of $70,306,000, and deposits of $111,728,000. 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 $ 14.57 million
Interest-bearing balances $ 12.52 million
Total securities $ 34.22 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 70.31 million
Loan loss allowance $ 1.07 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles N.A.
All other assets $ 2.69 million
     Total Assets $ 112.55 million
LIABILITIES
Total deposits $ 111.73 million
      Interest-bearing deposits $ 83.67 million
      Deposits held in domestic offices $ 111.73 million
      % insured (estimated) 78.87%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.83 million
      Total Liabilities $ 112.55 million
      Shareholders’ Equity $ 11.23 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.16 million
Total Interest Expense $ 0.17 million
Net interest income $ 1.00 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.13 million
Total non interest expense $ 0.73 million
Pre-tax Net Operating Income $ 0.38 million

Bank Loan Profile?

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

Compared to other banks, Chillicothe 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 45.94
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.94
Small Business Loans 0.00
Construction and Development Loans 2.43
Commercial Real Estate 11.39
Commercial and Industrial Loans 6.05
Farm Loans 2.47

Frequently Asked Questions About Chillicothe State Bank

Branches and Savings

Is Chillicothe State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15546.

Why does Chillicothe 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 Chillicothe State Bank CD rates not competitive?

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

Is Chillicothe State Bank a commercial bank?

Yes

Where are Chillicothe State Bank locations?

See branch locations nearby.

Is Chillicothe State Bank open on Saturdays?

Is Chillicothe State Bank open on Sundays?

What time does Chillicothe State Bank open?

What time does Chillicothe State Bank close?

Are Chillicothe State Bank ATMs Open 24/7?

Do Chillicothe State Bank ATMs accept cash deposits?

Can Chillicothe State Bank customers use other ATMs?

Do Chillicothe State Bank branches have notaries?

Will Chillicothe State Bank notarize my document?

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

Will the Chillicothe State Bank branch print checks?

Do Chillicothe State Bank checks expire?

Does Chillicothe State Bank require US citizenship to open account?

Can Chillicothe State Bank close my account?

Does Chillicothe State Bank Report to credit bureaus?

Does Chillicothe State Bank Use Equifax?

What is Chillicothe State Bank's ACH Routing Number?

What is Chillicothe State Bank's SWIFT code?

Products

Does Chillicothe State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Chillicothe State Bank offer personal loans?

Compare personal loan rates here.

Does Chillicothe State Bank offer student loans?

Will Chillicothe State Bank cash a check?

Will Chillicothe State Bank redeem a savings bond?

Does Chillicothe State Bank cash savings bonds?

Will Chillicothe State Bank cash money orders?

Can Chillicothe State Bank issue a money order?

Does Chillicothe State Bank do currency exchange?

Background on The Bank

Who owns Chillicothe State Bank?

How long has Chillicothe State Bank been around?

Can Chillicothe State Bank transfer to other banks?

Does Chillicothe State Bank have quick pay?

Does Chillicothe State Bank accept rolled coins?

Will Chillicothe State Bank accept loose change?

Where is Chillicothe State Bank headquarters?

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