CNB Bank

Headquarters

202 West Stevens Street
Carlsbad, NM 88220
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.20% →
1-Year CD N.A. 1.10% →
2-Year CD N.A. 1.15% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

CNB Bank is an FDIC insured institution located in Carlsbad, NM. It was founded in 1924 and has approximately $0.46 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 2241
Date Established 1924
Assets $ 462.62 million
Loans $ 238.75 million
Deposits $ 419.28 million
Capital $ 41.64 million
 

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

Deposit Rates - August 3, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - August 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for CNB Bank

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 2020

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Payment
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AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.930% 2.875% 0.75 $1,760 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to CNB Bank
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Branches

CNB 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:
Ashburn,Virginia


CNB Bank Locations


Financial Details

CNB Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CNB 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
CNB Bank U.S. Bank Average
1.01% 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, CNB Bank had $449,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $41,636,000 in equity and $2,668,000 in loans loss reserves. That gives it a Texas Ratio of 1.01%.

Return on Equity
CNB Bank U.S. Bank Average
27.19% 7.80%

CNB Bank has a Return on Equity of 27.19% 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
CNB Bank U.S. Bank Average
9% 12.68%

CNB Bank has a Capitalization of 9% 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.

CNB Bank Balance Sheet Analysis

As of March 31, 2020, CNB Bank had assets of $462,619,000, loans of $238,754,000, and deposits of $419,281,000. 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 $ 34.06 million
Interest-bearing balances $ 26.56 million
Total securities $ 172.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 238.75 million
Loan loss allowance $ 2.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.51 million
All other assets $ 14.72 million
     Total Assets $ 420.98 million
LIABILITIES
Total deposits $ 419.28 million
      Interest-bearing deposits $ 398.60 million
      Deposits held in domestic offices $ 419.28 million
      % insured (estimated) 45.41%
Federal funds purchased and repurchase agreements $ 1.07 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.64 million
      Total Liabilities $ 420.98 million
      Shareholders’ Equity $ 41.64 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.57 million
Total Interest Expense $ 0.21 million
Net interest income $ 4.36 million
Provision for loan and lease losses $ 0.12 million
Total non interest income $ 1.02 million
Total non interest expense $ 2.60 million
Pre-tax Net Operating Income $ 2.67 million

Bank Loan Profile?

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

Compared to other banks, CNB 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 25.35
Multifamily
Mortgages
1.65
Credit Card Loans 0.00
Consumer Auto Loans 0.49
Small Business Loans 0.00
Construction and Development Loans 7.96
Commercial Real Estate 30.99
Commercial and Industrial Loans 19.72
Farm Loans 0.04

Frequently Asked Questions About Cnb Bank

Branches and Savings

Is Cnb Bank FDIC insured?

Yes. It is covered under FDIC Certificate #2241.

Why does Cnb Bank pay such low interest on savings accounts?

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

Why are Cnb Bank CD rates not competitive?

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

Is Cnb Bank a commercial bank?

Yes

Where are Cnb Bank locations?

See branch locations nearby.

Is Cnb Bank open on Saturdays?

Is Cnb Bank open on Sundays?

What time does Cnb Bank open?

What time does Cnb Bank close?

Are Cnb Bank ATMs Open 24/7?

Do Cnb Bank ATMs accept cash deposits?

Can Cnb Bank customers use other ATMs?

Do Cnb Bank branches have notaries?

Will Cnb Bank notarize my document?

What address for Cnb Bank should I put for incoming ACH transfers?

Will the Cnb Bank branch print checks?

Do Cnb Bank checks expire?

Does Cnb Bank require US citizenship to open account?

Can Cnb Bank close my account?

Does Cnb Bank Report to credit bureaus?

Does Cnb Bank Use Equifax?

What is Cnb Bank's ACH Routing Number?

What is Cnb Bank's SWIFT code?

Products

Does Cnb Bank offer mortgages?

Compare mortgage rates here.

Does Cnb Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cnb Bank offer personal loans?

Compare personal loan rates here.

Does Cnb Bank offer student loans?

Will Cnb Bank cash a check?

Will Cnb Bank redeem a savings bond?

Does Cnb Bank cash savings bonds?

Will Cnb Bank cash money orders?

Can Cnb Bank issue a money order?

Does Cnb Bank do currency exchange?

Background on The Bank

Who owns Cnb Bank?

How long has Cnb Bank been around?

Can Cnb Bank transfer to other banks?

Does Cnb Bank have quick pay?

Does Cnb Bank accept rolled coins?

Will Cnb Bank accept loose change?

Where is Cnb Bank headquarters?

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