Citywide Banks

1800 Larimer Street, Suite 100
Denver, CO 80202

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58458
Date Established 2006
Assets $2.30 billion
Loans $1.43 billion
Deposits $1.91 billion
Capital $0.36 billion

Citywide Banks is an FDIC insured institution located in Denver, CO. It was founded in 2006 and has approximately $2.3 billion in assets. Customers can open an account at one of its 32 branches.

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

Bank Loan Profile?

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

Compared to other banks in Colorado, Citywide Banks has a significantly higher percent of 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 20.23
Multifamily
Mortgages
2.63
Credit Card Loans 0.03
Consumer Auto Loans 0.22
Small Business Loans 10.45
Construction and Development Loans 15.67
Commercial Real Estate 40.05
Commercial and Industrial Loans 19.62
Farm Loans 0.04

Deposit Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.45% $2,500 $4,999 Learn MoreShow Less
Money Market
0.50% $10,000 $24,999 Learn MoreShow Less
Money Market
0.70% $25,000 $99,999 Learn MoreShow Less
Premium Money Market Account
1.00% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
1.16% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.65% $2,500 - Learn MoreShow Less
6 Mo CD
0.80% $1,000 - Learn MoreShow Less
Special: 9 Mo CD
2.10% $5,000 - Learn MoreShow Less
12 Mo CD
1.20% $1,000 - Learn MoreShow Less
Special: 14 Mo CD
2.40% $5,000 - Learn MoreShow Less
18 Mo CD
1.35% $1,000 - Learn MoreShow Less
Special: 22 Mo CD
2.70% $5,000 - Learn MoreShow Less
24 Mo CD
1.61% $1,000 - Learn MoreShow Less
36 Mo CD
1.81% $1,000 - Learn MoreShow Less
48 Mo CD
1.96% $1,000 - Learn MoreShow Less
60 Mo CD
2.16% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.20% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.55% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.60% $50,000 $149,999 Learn MoreShow Less

Loan Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Citywide Banks

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
4.250% 4.125% 0.50 $3,750 $1,212 Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Citywide Banks
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Citywide Banks 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


Citywide Banks Locations


Financial Details

Citywide Banks Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citywide Banks. 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
Citywide Banks U.S. Bank Average
3.5% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2018, Citywide Banks had $6,150,000 in non-current loans and $6,864,000 in owned real estate. To cover these potential losses it had $364,357,000 in equity and $7,587,000 in loans loss reserves. That gives it a Texas Ratio of 3.5%.

Return on Equity
Citywide Banks U.S. Bank Average
7.52% 9.95%

Citywide Banks has a Return on Equity of 7.52% versus the BestCashCow average of 9.95%. 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
Citywide Banks U.S. Bank Average
15.84% 12.19%

Citywide Banks has a Capitalization of 15.84% versus the BestCashCow average of 12.19. 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.

Citywide Banks Balance Sheet Analysis

As of September 30, 2018, Citywide Banks had assets of $2,300,018,000, loans of $1,426,111,000, and deposits of $1,905,831,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.06 billion
Interest-bearing balances $0.01 billion
Total securities $0.55 billion
Federal funds sold and reverse repurchase $0.04 billion
Net loans and leases $1.43 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.14 billion
All other assets $0.04 billion
     Total Assets $1.94 billion
LIABILITIES
Total deposits $1.91 billion
      Interest-bearing deposits $1.09 billion
      Deposits held in domestic offices $1.91 billion
      % insured (estimated) 54.26%
Federal funds purchased and repurchase agreements $0.02 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.94 billion
      Shareholders’ Equity $0.36 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.07 billion
Total Interest Expense $0.00 billion
Net interest income $0.07 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.05 billion
Pre-tax Net Operating Income $0.03 billion

Frequently Asked Questions About Citywide Banks

Branches and Savings

Is Citywide Banks FDIC insured?

Yes. It is covered under FDIC Certificate #58458.

Why does Citywide Banks pay such low interest on savings accounts?

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

Why are Citywide Banks CD rates not competitive?

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

Is Citywide Banks a commercial bank?

Yes

Where are Citywide Banks locations?

See branch locations nearby.

Is Citywide Banks open on Saturdays?

Is Citywide Banks open on Sundays?

What time does Citywide Banks open?

What time does Citywide Banks close?

Are Citywide Banks ATMs Open 24/7?

Do Citywide Banks ATMs accept cash deposits?

Can Citywide Banks customers use other ATMs?

Do Citywide Banks branches have notaries?

Will Citywide Banks notarize my document?

What address for Citywide Banks should I put for incoming ACH transfers?

Will the Citywide Banks branch print checks?

Do Citywide Banks checks expire?

Does Citywide Banks require US citizenship to open account?

Can Citywide Banks close my account?

Does Citywide Banks Report to credit bureaus?

Does Citywide Banks Use Equifax?

What is Citywide Banks's ACH Routing Number?

What is Citywide Banks's SWIFT code?

Products

Does Citywide Banks offer mortgages?

Compare mortgage rates here.

Does Citywide Banks offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citywide Banks offer personal loans?

Compare personal loan rates here.

Does Citywide Banks offer student loans?

Will Citywide Banks cash a check?

Will Citywide Banks redeem a savings bond?

Does Citywide Banks cash savings bonds?

Will Citywide Banks cash money orders?

Can Citywide Banks issue a money order?

Does Citywide Banks do currency exchange?

Background on The Bank

Who owns Citywide Banks?

How long has Citywide Banks been around?

Can Citywide Banks transfer to other banks?

Does Citywide Banks have quick pay?

Does Citywide Banks accept rolled coins?

Will Citywide Banks accept loose change?

Where is Citywide Banks headquarters?

Customer Reviews for Citywide Banks

There are currently no comments for Citywide Banks. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →