Columbia Savings Bank

Headquarters

411 Ludlow Avenue
Cincinnati, OH 45220
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
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 Savings Bank is an FDIC insured institution located in Cincinnati, OH. It was founded in 1892 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32284
Date Established 1892
Assets $ 36.48 million
Loans $ 24.66 million
Deposits $ 29.54 million
Capital $ 0.77 million
 

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

Deposit Rates - September 28, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 28, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Columbia Savings 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

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Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,102 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Third Federal Savings and Loans
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2.990 %
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People's United Bank, N.A.
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4.000 %
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Note to Columbia Savings Bank
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Branches

Columbia Savings 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 Savings Bank Locations


Financial Details

Columbia Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Columbia Savings 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 Savings Bank U.S. Bank Average
348.73% 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 Savings Bank had $2,995,000 in non-current loans and $4,025,000 in owned real estate. To cover these potential losses it had $766,000 in equity and $1,247,000 in loans loss reserves. That gives it a Texas Ratio of 348.73%.

Return on Equity
Columbia Savings Bank U.S. Bank Average
-77.36% 7.80%

Columbia Savings Bank has a Return on Equity of -77.36% 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 Savings Bank U.S. Bank Average
2.1% 12.68%

Columbia Savings Bank has a Capitalization of 2.1% 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 Savings Bank Balance Sheet Analysis

As of March 31, 2014, Columbia Savings Bank had assets of $36,484,000, loans of $24,656,000, and deposits of $29,538,000. 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 $ 24.66 million
Loan loss allowance $ 1.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.03 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 29.54 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 $ 36.48 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 Columbia Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Small Business Loans.

Compared to other banks in Ohio, Columbia Savings Bank has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 79.20
Multifamily
Mortgages
16.01
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 8.18
Construction and Development Loans 1.44
Commercial Real Estate 8.18
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Columbia Savings Bank

Branches and Savings

Is Columbia Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #32284.

Why does Columbia Savings 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 Savings Bank CD rates not competitive?

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

Is Columbia Savings Bank a commercial bank?

Yes

Where are Columbia Savings Bank locations?

See branch locations nearby.

Is Columbia Savings Bank open on Saturdays?

Is Columbia Savings Bank open on Sundays?

What time does Columbia Savings Bank open?

What time does Columbia Savings Bank close?

Are Columbia Savings Bank ATMs Open 24/7?

Do Columbia Savings Bank ATMs accept cash deposits?

Can Columbia Savings Bank customers use other ATMs?

Do Columbia Savings Bank branches have notaries?

Will Columbia Savings Bank notarize my document?

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

Will the Columbia Savings Bank branch print checks?

Do Columbia Savings Bank checks expire?

Does Columbia Savings Bank require US citizenship to open account?

Can Columbia Savings Bank close my account?

Does Columbia Savings Bank Report to credit bureaus?

Does Columbia Savings Bank Use Equifax?

What is Columbia Savings Bank's ACH Routing Number?

What is Columbia Savings Bank's SWIFT code?

Products

Does Columbia Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Columbia Savings Bank offer personal loans?

Compare personal loan rates here.

Does Columbia Savings Bank offer student loans?

Will Columbia Savings Bank cash a check?

Will Columbia Savings Bank redeem a savings bond?

Does Columbia Savings Bank cash savings bonds?

Will Columbia Savings Bank cash money orders?

Can Columbia Savings Bank issue a money order?

Does Columbia Savings Bank do currency exchange?

Background on The Bank

Who owns Columbia Savings Bank?

How long has Columbia Savings Bank been around?

Can Columbia Savings Bank transfer to other banks?

Does Columbia Savings Bank have quick pay?

Does Columbia Savings Bank accept rolled coins?

Will Columbia Savings Bank accept loose change?

Where is Columbia Savings Bank headquarters?

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