Columbia Bank

Headquarters

19-01 Route 208
Fair Lawn, NJ 07410
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.55% →
1-Year CD 0.80% 1.35% →
2-Year CD 0.80% 1.35% →
5-Year CD 1.10% 1.60% →
30-Year Mortgage 4.14% 3.09% →
15-Year Mortgage 3.55% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Columbia Bank is an FDIC insured institution located in Fair Lawn, NJ. It was founded in 1926 and has approximately $8.18 billion in assets. Customers can open an account at one of its 48 branches.

FDIC Insured Yes
FDIC Certificate # 28834
Date Established 1926
Assets $ 8.18 billion
Loans $ 6.14 billion
Deposits $ 5.85 billion
Capital $ 785.96 million
 

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

Deposit Rates - June 6, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $100 - Learn More
Money Market
0.25% $2,500 $9,999 Learn More
Money Market
0.50% $10,000 $249,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.70% $500 - Learn More
6 Mo CD
0.70% $500 - Learn More
12 Mo CD
0.80% $500 - Learn More
18 Mo CD
0.80% $500 - Learn More
24 Mo CD
0.80% $500 - Learn More
30 Mo CD
0.50% $500 - Learn More
36 Mo CD
0.90% $500 - Learn More
48 Mo CD
1.10% $500 - Learn More
60 Mo CD
1.10% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.15% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 - Learn MoreShow Less

Loan Rates - June 6, 2020

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.90% 3.90% $736.99
4 Year 4.00% 4.00% $564.48
5 Year 4.00% 4.00% $460.41
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment
Home Equity Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Columbia 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


Columbia Bank Locations


Financial Details

Columbia Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Columbia 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
Columbia Bank U.S. Bank Average
0.87% 6.51%

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 December 31, 2019, Columbia Bank had $7,375,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $785,964,000 in equity and $61,709,000 in loans loss reserves. That gives it a Texas Ratio of 0.87%.

Return on Equity
Columbia Bank U.S. Bank Average
7.21% 9.41%

Columbia Bank has a Return on Equity of 7.21% versus the BestCashCow average of 9.41%. 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
Columbia Bank U.S. Bank Average
9.61% 12.82%

Columbia Bank has a Capitalization of 9.61% versus the BestCashCow average of 12.82. 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.

Columbia Bank Balance Sheet Analysis

As of December 31, 2019, Columbia Bank had assets of $8,177,933,000, loans of $6,138,757,000, and deposits of $5,849,349,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 75.42 million
Interest-bearing balances $ 28.22 million
Total securities $ 1,384.11 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 6.14 billion
Loan loss allowance $ 61.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 68.58 million
All other assets $ 438.10 million
     Total Assets $ 7.39 billion
LIABILITIES
Total deposits $ 5.85 billion
      Interest-bearing deposits $ 4.69 billion
      Deposits held in domestic offices $ 5.85 billion
      % insured (estimated) 76.76%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1,426.17 million
Subordinated debt N.A.
All other liabilities $ 116.45 million
      Total Liabilities $ 7.39 billion
      Shareholders’ Equity $ 785.96 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 261.74 million
Total Interest Expense $ 91.94 million
Net interest income $ 169.80 million
Provision for loan and lease losses $ 4.22 million
Total non interest income $ 27.18 million
Total non interest expense $ 123.12 million
Pre-tax Net Operating Income $ 69.63 million

Bank Loan Profile?

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

Compared to other banks, Columbia 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 41.67
Multifamily
Mortgages
14.71
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 4.29
Construction and Development Loans 4.87
Commercial Real Estate 31.80
Commercial and Industrial Loans 7.92
Farm Loans 0.00

Frequently Asked Questions About Columbia Bank

Branches and Savings

Is Columbia Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28834.

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

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

Why are Columbia Bank CD rates not competitive?

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

Is Columbia Bank a commercial bank?

Yes

Where are Columbia Bank locations?

See branch locations nearby.

Is Columbia Bank open on Saturdays?

Is Columbia Bank open on Sundays?

What time does Columbia Bank open?

What time does Columbia Bank close?

Are Columbia Bank ATMs Open 24/7?

Do Columbia Bank ATMs accept cash deposits?

Can Columbia Bank customers use other ATMs?

Do Columbia Bank branches have notaries?

Will Columbia Bank notarize my document?

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

Will the Columbia Bank branch print checks?

Do Columbia Bank checks expire?

Does Columbia Bank require US citizenship to open account?

Can Columbia Bank close my account?

Does Columbia Bank Report to credit bureaus?

Does Columbia Bank Use Equifax?

What is Columbia Bank's ACH Routing Number?

What is Columbia Bank's SWIFT code?

Products

Does Columbia Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Columbia Bank offer personal loans?

Compare personal loan rates here.

Does Columbia Bank offer student loans?

Will Columbia Bank cash a check?

Will Columbia Bank redeem a savings bond?

Does Columbia Bank cash savings bonds?

Will Columbia Bank cash money orders?

Can Columbia Bank issue a money order?

Does Columbia Bank do currency exchange?

Background on The Bank

Who owns Columbia Bank?

How long has Columbia Bank been around?

Can Columbia Bank transfer to other banks?

Does Columbia Bank have quick pay?

Does Columbia Bank accept rolled coins?

Will Columbia Bank accept loose change?

Where is Columbia Bank headquarters?

Customer Reviews for Columbia Bank


  • April 01, 2020 |

    when I hit learn more, I get this box to rate the bank. WHY

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