CLB The Community Bank

Headquarters

301 Mound Street
Jonesville, LA 71343
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.70% →
1-Year CD 0.85% 0.75% →
2-Year CD 1.01% 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

CLB The Community Bank is an FDIC insured institution located in Jonesville, LA. It was founded in 1907 and has approximately $0.23 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 10532
Date Established 1907
Assets $ 231.96 million
Loans $ 140.01 million
Deposits $ 209.40 million
Capital $ 21.90 million
 

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

Deposit Rates - January 23, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.85% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More
36 Mo CD
0.95% $10,000 $14,999 Learn More
36 Mo CD
1.16% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - January 23, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CLB The 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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.667% 2.625% 0.50 $1,380 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.243% 3.125% 1.00 $3,750 $1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to CLB The Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

CLB The 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


CLB The Community Bank Locations


Financial Details

CLB The Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CLB The 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
CLB The Community Bank U.S. Bank Average
17.31% 6.14%

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 September 30, 2020, CLB The Community Bank had $3,353,000 in non-current loans and $610,000 in owned real estate. To cover these potential losses it had $21,897,000 in equity and $995,000 in loans loss reserves. That gives it a Texas Ratio of 17.31%.

Return on Equity
CLB The Community Bank U.S. Bank Average
11.29% 9.23%

CLB The Community Bank has a Return on Equity of 11.29% versus the BestCashCow average of 9.23%. 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
CLB The Community Bank U.S. Bank Average
9.44% 12.07%

CLB The Community Bank has a Capitalization of 9.44% versus the BestCashCow average of 12.07. 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.

CLB The Community Bank Balance Sheet Analysis

As of September 30, 2020, CLB The Community Bank had assets of $231,958,000, loans of $140,014,000, and deposits of $209,401,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 22.96 million
Interest-bearing balances $ 16.76 million
Total securities $ 62.04 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 140.01 million
Loan loss allowance $ 1.00 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.61 million
Goodwill and other intangibles $ 0.13 million
All other assets $ 3.73 million
     Total Assets $ 210.06 million
LIABILITIES
Total deposits $ 209.40 million
      Interest-bearing deposits $ 157.74 million
      Deposits held in domestic offices $ 209.40 million
      % insured (estimated) 70.55%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.66 million
      Total Liabilities $ 210.06 million
      Shareholders’ Equity $ 21.90 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income $ 6.65 million
Total Interest Expense $ 0.60 million
Net interest income $ 6.05 million
Provision for loan and lease losses $ 0.36 million
Total non interest income $ 0.95 million
Total non interest expense $ 4.86 million
Pre-tax Net Operating Income $ 1.79 million

Bank Loan Profile?

The top three loan types in CLB The Community Bank’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and 1-4 Family Residential Loans.

Compared to other banks in Louisiana, CLB The Community Bank has a significantly higher percent of Commercial and Industrial 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 11.74
Multifamily
Mortgages
0.00
Credit Card Loans 0.29
Consumer Auto Loans 0.08
Small Business Loans 2.93
Construction and Development Loans 2.46
Commercial Real Estate 8.91
Commercial and Industrial Loans 50.34
Farm Loans 20.83

Frequently Asked Questions About Clb The Community Bank

Branches and Savings

Is Clb The Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10532.

Why does Clb The 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 Clb The Community Bank CD rates not competitive?

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

Is Clb The Community Bank a commercial bank?

Yes

Where are Clb The Community Bank locations?

See branch locations nearby.

Is Clb The Community Bank open on Saturdays?

Is Clb The Community Bank open on Sundays?

What time does Clb The Community Bank open?

What time does Clb The Community Bank close?

Are Clb The Community Bank ATMs Open 24/7?

Do Clb The Community Bank ATMs accept cash deposits?

Can Clb The Community Bank customers use other ATMs?

Do Clb The Community Bank branches have notaries?

Will Clb The Community Bank notarize my document?

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

Will the Clb The Community Bank branch print checks?

Do Clb The Community Bank checks expire?

Does Clb The Community Bank require US citizenship to open account?

Can Clb The Community Bank close my account?

Does Clb The Community Bank Report to credit bureaus?

Does Clb The Community Bank Use Equifax?

What is Clb The Community Bank's ACH Routing Number?

What is Clb The Community Bank's SWIFT code?

Products

Does Clb The Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Clb The Community Bank offer personal loans?

Compare personal loan rates here.

Does Clb The Community Bank offer student loans?

Will Clb The Community Bank cash a check?

Will Clb The Community Bank redeem a savings bond?

Does Clb The Community Bank cash savings bonds?

Will Clb The Community Bank cash money orders?

Can Clb The Community Bank issue a money order?

Does Clb The Community Bank do currency exchange?

Background on The Bank

Who owns Clb The Community Bank?

How long has Clb The Community Bank been around?

Can Clb The Community Bank transfer to other banks?

Does Clb The Community Bank have quick pay?

Does Clb The Community Bank accept rolled coins?

Will Clb The Community Bank accept loose change?

Where is Clb The Community Bank headquarters?

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