Clatsop Community Bank

Headquarters

1150 N. Roosevelt Drive, Suite 101
Seaside, OR 97138
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

Clatsop Community Bank is an FDIC insured institution located in Seaside, OR. It was founded in 2008 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 58660
Date Established 2008
Assets $ 95.30 million
Loans $ 60.11 million
Deposits $ 86.31 million
Capital $ 11.85 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Clatsop Community 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
3.872% 3.750% 1.00 $3,750 $1,158 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to Clatsop Community Bank
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Branches

Clatsop Community 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


Clatsop Community Bank Locations


Financial Details

Clatsop Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Clatsop Community 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
Clatsop Community Bank U.S. Bank Average
0% 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, Clatsop Community Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,853,000 in equity and $540,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Clatsop Community Bank U.S. Bank Average
9.05% 7.80%

Clatsop Community Bank has a Return on Equity of 9.05% 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
Clatsop Community Bank U.S. Bank Average
12.44% 12.68%

Clatsop Community Bank has a Capitalization of 12.44% 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.

Clatsop Community Bank Balance Sheet Analysis

As of March 31, 2019, Clatsop Community Bank had assets of $98,320,000, loans of $60,114,000, and deposits of $86,307,000. 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 $ 10.83 million
Interest-bearing balances $ 8.66 million
Total securities $ 21.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 60.11 million
Loan loss allowance $ 0.54 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 $ 3.36 million
     Total Assets $ 86.47 million
LIABILITIES
Total deposits $ 86.31 million
      Interest-bearing deposits $ 52.15 million
      Deposits held in domestic offices $ 86.31 million
      % insured (estimated) 79.68%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.16 million
      Total Liabilities $ 86.47 million
      Shareholders’ Equity $ 8.84 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.98 million
Total Interest Expense $ 0.04 million
Net interest income $ 0.94 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.06 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income $ 0.34 million

Bank Loan Profile?

The top three loan types in Clatsop Community Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Oregon, Clatsop Community Bank has a significantly higher percent of Small Business Loans, Commercial and Industrial 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 13.42
Multifamily
Mortgages
6.40
Credit Card Loans 0.00
Consumer Auto Loans 0.09
Small Business Loans 35.86
Construction and Development Loans 1.97
Commercial Real Estate 55.89
Commercial and Industrial Loans 19.35
Farm Loans 2.31

Frequently Asked Questions About Clatsop Community Bank

Branches and Savings

Is Clatsop Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58660.

Why does Clatsop Community Bank pay such low interest on savings accounts?

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

Why are Clatsop Community Bank CD rates not competitive?

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

Is Clatsop Community Bank a commercial bank?

Yes

Where are Clatsop Community Bank locations?

See branch locations nearby.

Is Clatsop Community Bank open on Saturdays?

Is Clatsop Community Bank open on Sundays?

What time does Clatsop Community Bank open?

What time does Clatsop Community Bank close?

Are Clatsop Community Bank ATMs Open 24/7?

Do Clatsop Community Bank ATMs accept cash deposits?

Can Clatsop Community Bank customers use other ATMs?

Do Clatsop Community Bank branches have notaries?

Will Clatsop Community Bank notarize my document?

What address for Clatsop Community Bank should I put for incoming ACH transfers?

Will the Clatsop Community Bank branch print checks?

Do Clatsop Community Bank checks expire?

Does Clatsop Community Bank require US citizenship to open account?

Can Clatsop Community Bank close my account?

Does Clatsop Community Bank Report to credit bureaus?

Does Clatsop Community Bank Use Equifax?

What is Clatsop Community Bank's ACH Routing Number?

What is Clatsop Community Bank's SWIFT code?

Products

Does Clatsop Community Bank offer mortgages?

Compare mortgage rates here.

Does Clatsop Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Clatsop Community Bank offer personal loans?

Compare personal loan rates here.

Does Clatsop Community Bank offer student loans?

Will Clatsop Community Bank cash a check?

Will Clatsop Community Bank redeem a savings bond?

Does Clatsop Community Bank cash savings bonds?

Will Clatsop Community Bank cash money orders?

Can Clatsop Community Bank issue a money order?

Does Clatsop Community Bank do currency exchange?

Background on The Bank

Who owns Clatsop Community Bank?

How long has Clatsop Community Bank been around?

Can Clatsop Community Bank transfer to other banks?

Does Clatsop Community Bank have quick pay?

Does Clatsop Community Bank accept rolled coins?

Will Clatsop Community Bank accept loose change?

Where is Clatsop Community Bank headquarters?

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