City Bank of Hartford

Headquarters

307 West Main Street
Hartford, AL 36344
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

City Bank of Hartford is an FDIC insured institution located in Hartford, AL. It was founded in 1975 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 22131
Date Established 1975
Assets $ 53.26 million
Loans $ 30.83 million
Deposits $ 46.68 million
Capital $ 6.38 million
 

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

Deposit Rates - November 29, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 29, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for City Bank of Hartford

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

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2.687% 2.625% 0.63 $2,015 $1,005 Learn More
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2.557% 2.500% 0.75 $1,880 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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2.240 %
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Note to City Bank of Hartford
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Branches

City Bank of Hartford 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


City Bank of Hartford Locations


Financial Details

City Bank of Hartford Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of City Bank of Hartford. 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
City Bank of Hartford U.S. Bank Average
17.92% 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, City Bank of Hartford had $1,019,000 in non-current loans and $199,000 in owned real estate. To cover these potential losses it had $6,383,000 in equity and $414,000 in loans loss reserves. That gives it a Texas Ratio of 17.92%.

Return on Equity
City Bank of Hartford U.S. Bank Average
11.17% 7.80%

City Bank of Hartford has a Return on Equity of 11.17% 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
City Bank of Hartford U.S. Bank Average
11.98% 12.68%

City Bank of Hartford has a Capitalization of 11.98% 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.

City Bank of Hartford Balance Sheet Analysis

As of September 30, 2014, City Bank of Hartford had assets of $52,246,000, loans of $30,829,000, and deposits of $46,684,000. 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 $ 30.83 million
Loan loss allowance $ 0.41 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.20 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 46.68 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 $ 53.26 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 City Bank of Hartford’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks in Alabama, City Bank of Hartford has a significantly higher percent of 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 24.19
Multifamily
Mortgages
0.59
Credit Card Loans 0.00
Consumer Auto Loans 3.06
Small Business Loans 8.84
Construction and Development Loans 6.30
Commercial Real Estate 8.84
Commercial and Industrial Loans 5.56
Farm Loans 16.57

Frequently Asked Questions About City Bank Of Hartford

Branches and Savings

Is City Bank Of Hartford FDIC insured?

Yes. It is covered under FDIC Certificate #22131.

Why does City Bank Of Hartford pay such low interest on savings accounts?

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

Why are City Bank Of Hartford CD rates not competitive?

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

Is City Bank Of Hartford a commercial bank?

Yes

Where are City Bank Of Hartford locations?

See branch locations nearby.

Is City Bank Of Hartford open on Saturdays?

Is City Bank Of Hartford open on Sundays?

What time does City Bank Of Hartford open?

What time does City Bank Of Hartford close?

Are City Bank Of Hartford ATMs Open 24/7?

Do City Bank Of Hartford ATMs accept cash deposits?

Can City Bank Of Hartford customers use other ATMs?

Do City Bank Of Hartford branches have notaries?

Will City Bank Of Hartford notarize my document?

What address for City Bank Of Hartford should I put for incoming ACH transfers?

Will the City Bank Of Hartford branch print checks?

Do City Bank Of Hartford checks expire?

Does City Bank Of Hartford require US citizenship to open account?

Can City Bank Of Hartford close my account?

Does City Bank Of Hartford Report to credit bureaus?

Does City Bank Of Hartford Use Equifax?

What is City Bank Of Hartford's ACH Routing Number?

What is City Bank Of Hartford's SWIFT code?

Products

Does City Bank Of Hartford offer mortgages?

Compare mortgage rates here.

Does City Bank Of Hartford offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does City Bank Of Hartford offer personal loans?

Compare personal loan rates here.

Does City Bank Of Hartford offer student loans?

Will City Bank Of Hartford cash a check?

Will City Bank Of Hartford redeem a savings bond?

Does City Bank Of Hartford cash savings bonds?

Will City Bank Of Hartford cash money orders?

Can City Bank Of Hartford issue a money order?

Does City Bank Of Hartford do currency exchange?

Background on The Bank

Who owns City Bank Of Hartford?

How long has City Bank Of Hartford been around?

Can City Bank Of Hartford transfer to other banks?

Does City Bank Of Hartford have quick pay?

Does City Bank Of Hartford accept rolled coins?

Will City Bank Of Hartford accept loose change?

Where is City Bank Of Hartford headquarters?

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