Columbia National Bank

Headquarters

700 Colombia Centre
Columbia, IL 62236
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. 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

Columbia National Bank is an FDIC insured institution located in Columbia, IL. It was founded in 1976 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 22312
Date Established 1976
Assets $ 45.94 million
Loans $ 27.20 million
Deposits $ 39.12 million
Capital $ 6.24 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Columbia National 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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to Columbia National Bank
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Branches

Columbia National 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


Columbia National Bank Locations


Financial Details

Columbia National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Columbia National 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 National Bank U.S. Bank Average
5.62% 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, Columbia National Bank had $312,000 in non-current loans and $60,000 in owned real estate. To cover these potential losses it had $6,243,000 in equity and $371,000 in loans loss reserves. That gives it a Texas Ratio of 5.62%.

Return on Equity
Columbia National Bank U.S. Bank Average
8.12% 7.80%

Columbia National Bank has a Return on Equity of 8.12% 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
Columbia National Bank U.S. Bank Average
13.59% 12.68%

Columbia National Bank has a Capitalization of 13.59% 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.

Columbia National Bank Balance Sheet Analysis

As of September 30, 2019, Columbia National Bank had assets of $45,546,000, loans of $27,201,000, and deposits of $39,117,000. 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 $ 7.65 million
Interest-bearing balances $ 6.69 million
Total securities $ 6.26 million
Federal funds sold and reverse repurchase $ 3.80 million
Net loans and leases $ 27.20 million
Loan loss allowance $ 0.37 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.06 million
Goodwill and other intangibles N.A.
All other assets $ 0.19 million
     Total Assets $ 39.30 million
LIABILITIES
Total deposits $ 39.12 million
      Interest-bearing deposits $ 25.53 million
      Deposits held in domestic offices $ 39.12 million
      % insured (estimated) 95.42%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.19 million
      Total Liabilities $ 39.30 million
      Shareholders’ Equity $ 6.64 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.32 million
Total Interest Expense $ 0.06 million
Net interest income $ 1.26 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.13 million
Total non interest expense $ 0.98 million
Pre-tax Net Operating Income $ 0.38 million

Bank Loan Profile?

The top three loan types in Columbia National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in Illinois, Columbia National Bank has a significantly higher percent of Construction and Development 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 40.36
Multifamily
Mortgages
1.50
Credit Card Loans 0.64
Consumer Auto Loans 0.94
Small Business Loans 0.00
Construction and Development Loans 8.72
Commercial Real Estate 3.92
Commercial and Industrial Loans 35.22
Farm Loans 1.18

Frequently Asked Questions About Columbia National Bank

Branches and Savings

Is Columbia National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22312.

Why does Columbia National 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 National Bank CD rates not competitive?

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

Is Columbia National Bank a commercial bank?

Yes

Where are Columbia National Bank locations?

See branch locations nearby.

Is Columbia National Bank open on Saturdays?

Is Columbia National Bank open on Sundays?

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Are Columbia National Bank ATMs Open 24/7?

Do Columbia National Bank ATMs accept cash deposits?

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Do Columbia National Bank branches have notaries?

Will Columbia National Bank notarize my document?

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Will the Columbia National Bank branch print checks?

Do Columbia National Bank checks expire?

Does Columbia National Bank require US citizenship to open account?

Can Columbia National Bank close my account?

Does Columbia National Bank Report to credit bureaus?

Does Columbia National Bank Use Equifax?

What is Columbia National Bank's ACH Routing Number?

What is Columbia National Bank's SWIFT code?

Products

Does Columbia National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Columbia National Bank offer personal loans?

Compare personal loan rates here.

Does Columbia National Bank offer student loans?

Will Columbia National Bank cash a check?

Will Columbia National Bank redeem a savings bond?

Does Columbia National Bank cash savings bonds?

Will Columbia National Bank cash money orders?

Can Columbia National Bank issue a money order?

Does Columbia National Bank do currency exchange?

Background on The Bank

Who owns Columbia National Bank?

How long has Columbia National Bank been around?

Can Columbia National Bank transfer to other banks?

Does Columbia National Bank have quick pay?

Does Columbia National Bank accept rolled coins?

Will Columbia National Bank accept loose change?

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