Collin Bank

Headquarters

2701 Dallas Parkway, Suite 100
Plano, TX 75093
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Collin Bank is an FDIC insured institution located in Plano, TX. It was founded in 2008 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58610
Date Established 2008
Assets $ 173.35 million
Loans $ 78.81 million
Deposits $ 121.18 million
Capital $ 25.69 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Collin 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

Lender APR Rate (%) Points Fees Monthly
Payment
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AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.539% 2.500% 0.50 $1,304 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

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

Branches

Collin 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


Collin Bank Locations


Financial Details

Collin Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Collin 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
Collin 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, Collin Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $25,687,000 in equity and $1,233,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Collin Bank U.S. Bank Average
0.59% 7.80%

Collin Bank has a Return on Equity of 0.59% 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
Collin Bank U.S. Bank Average
14.82% 12.68%

Collin Bank has a Capitalization of 14.82% 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.

Collin Bank Balance Sheet Analysis

As of September 30, 2013, Collin Bank had assets of $173,349,000, loans of $78,813,000, and deposits of $121,180,000. 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 $ 78.81 million
Loan loss allowance $ 1.23 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 121.18 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 $ 173.35 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 Collin Bank’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Texas, Collin Bank has a significantly higher percent of Small Business Loans, Construction and Development Loans, Commercial Real Estate 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 8.03
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.64
Small Business Loans 7.51
Construction and Development Loans 24.38
Commercial Real Estate 44.24
Commercial and Industrial Loans 22.81
Farm Loans 0.00

Frequently Asked Questions About Collin Bank

Branches and Savings

Is Collin Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58610.

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

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

Why are Collin Bank CD rates not competitive?

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

Is Collin Bank a commercial bank?

Yes

Where are Collin Bank locations?

See branch locations nearby.

Is Collin Bank open on Saturdays?

Is Collin Bank open on Sundays?

What time does Collin Bank open?

What time does Collin Bank close?

Are Collin Bank ATMs Open 24/7?

Do Collin Bank ATMs accept cash deposits?

Can Collin Bank customers use other ATMs?

Do Collin Bank branches have notaries?

Will Collin Bank notarize my document?

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

Will the Collin Bank branch print checks?

Do Collin Bank checks expire?

Does Collin Bank require US citizenship to open account?

Can Collin Bank close my account?

Does Collin Bank Report to credit bureaus?

Does Collin Bank Use Equifax?

What is Collin Bank's ACH Routing Number?

What is Collin Bank's SWIFT code?

Products

Does Collin Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Collin Bank offer personal loans?

Compare personal loan rates here.

Does Collin Bank offer student loans?

Will Collin Bank cash a check?

Will Collin Bank redeem a savings bond?

Does Collin Bank cash savings bonds?

Will Collin Bank cash money orders?

Can Collin Bank issue a money order?

Does Collin Bank do currency exchange?

Background on The Bank

Who owns Collin Bank?

How long has Collin Bank been around?

Can Collin Bank transfer to other banks?

Does Collin Bank have quick pay?

Does Collin Bank accept rolled coins?

Will Collin Bank accept loose change?

Where is Collin Bank headquarters?

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