Commercial Bank of Oak Grove, Mo.

Headquarters

1114 Broadway
Oak Grove, MO 64075
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 1.25% 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

Commercial Bank of Oak Grove, Mo. is an FDIC insured institution located in Oak Grove, MO. It was founded in 1907 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 9811
Date Established 1907
Assets $ 81.53 million
Loans $ 54.51 million
Deposits $ 69.14 million
Capital $ 12.21 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.60% $2,500 $2,999 Learn More
Money Market
0.60% $10,000 $14,999 Learn More
Money Market
0.60% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.90% $10,000 $14,999 Learn More
6 Mo CD
0.90% $100,000 $199,999 Learn More
12 Mo CD
1.25% $10,000 $14,999 Learn More
12 Mo CD
1.25% $100,000 $199,999 Learn More
18 Mo CD
1.20% $10,000 $14,999 Learn More
18 Mo CD
1.20% $100,000 $199,999 Learn More
30 Mo CD
1.20% $10,000 $14,999 Learn More
30 Mo CD
1.20% $100,000 $199,999 Learn More
36 Mo CD
1.40% $10,000 $14,999 Learn More
36 Mo CD
1.40% $100,000 $199,999 Learn More
48 Mo CD
1.51% $10,000 $14,999 Learn More
48 Mo CD
1.51% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Commercial Bank of Oak Grove, Mo.

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
2.815% 2.750% 0.88 $2,128 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut 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
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Note to Commercial Bank of Oak Grove, Mo.
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Branches

Commercial Bank of Oak Grove, Mo. 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


Commercial Bank of Oak Grove, Mo. Locations


Financial Details

Commercial Bank of Oak Grove, Mo. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commercial Bank of Oak Grove, Mo.. 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
Commercial Bank of Oak Grove, Mo. U.S. Bank Average
5% 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, Commercial Bank of Oak Grove, Mo. had $462,000 in non-current loans and $206,000 in owned real estate. To cover these potential losses it had $12,206,000 in equity and $1,142,000 in loans loss reserves. That gives it a Texas Ratio of 5%.

Return on Equity
Commercial Bank of Oak Grove, Mo. U.S. Bank Average
4.55% 7.80%

Commercial Bank of Oak Grove, Mo. has a Return on Equity of 4.55% 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
Commercial Bank of Oak Grove, Mo. U.S. Bank Average
14.97% 12.68%

Commercial Bank of Oak Grove, Mo. has a Capitalization of 14.97% 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.

Commercial Bank of Oak Grove, Mo. Balance Sheet Analysis

As of March 31, 2020, Commercial Bank of Oak Grove, Mo. had assets of $81,532,000, loans of $54,509,000, and deposits of $69,142,000. 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 $ 9.44 million
Interest-bearing balances $ 8.75 million
Total securities $ 15.36 million
Federal funds sold and reverse repurchase $ 0.58 million
Net loans and leases $ 54.51 million
Loan loss allowance $ 1.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.21 million
Goodwill and other intangibles N.A.
All other assets $ 1.18 million
     Total Assets $ 69.33 million
LIABILITIES
Total deposits $ 69.14 million
      Interest-bearing deposits $ 64.64 million
      Deposits held in domestic offices $ 69.14 million
      % insured (estimated) 88.47%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 69.33 million
      Shareholders’ Equity $ 12.21 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.83 million
Total Interest Expense $ 0.20 million
Net interest income $ 0.63 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.03 million
Total non interest expense $ 0.48 million
Pre-tax Net Operating Income $ 0.18 million

Bank Loan Profile?

The top three loan types in Commercial Bank of Oak Grove, Mo.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Missouri, Commercial Bank of Oak Grove, Mo. has a significantly higher percent of Construction and Development 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 42.16
Multifamily
Mortgages
1.70
Credit Card Loans 0.00
Consumer Auto Loans 0.45
Small Business Loans 0.00
Construction and Development Loans 11.98
Commercial Real Estate 23.44
Commercial and Industrial Loans 8.71
Farm Loans 9.81

Frequently Asked Questions About Commercial Bank Of Oak Grove, Mo.

Branches and Savings

Is Commercial Bank Of Oak Grove, Mo. FDIC insured?

Yes. It is covered under FDIC Certificate #9811.

Why does Commercial Bank Of Oak Grove, Mo. pay such low interest on savings accounts?

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

Why are Commercial Bank Of Oak Grove, Mo. CD rates not competitive?

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

Is Commercial Bank Of Oak Grove, Mo. a commercial bank?

Yes

Where are Commercial Bank Of Oak Grove, Mo. locations?

See branch locations nearby.

Is Commercial Bank Of Oak Grove, Mo. open on Saturdays?

Is Commercial Bank Of Oak Grove, Mo. open on Sundays?

What time does Commercial Bank Of Oak Grove, Mo. open?

What time does Commercial Bank Of Oak Grove, Mo. close?

Are Commercial Bank Of Oak Grove, Mo. ATMs Open 24/7?

Do Commercial Bank Of Oak Grove, Mo. ATMs accept cash deposits?

Can Commercial Bank Of Oak Grove, Mo. customers use other ATMs?

Do Commercial Bank Of Oak Grove, Mo. branches have notaries?

Will Commercial Bank Of Oak Grove, Mo. notarize my document?

What address for Commercial Bank Of Oak Grove, Mo. should I put for incoming ACH transfers?

Will the Commercial Bank Of Oak Grove, Mo. branch print checks?

Do Commercial Bank Of Oak Grove, Mo. checks expire?

Does Commercial Bank Of Oak Grove, Mo. require US citizenship to open account?

Can Commercial Bank Of Oak Grove, Mo. close my account?

Does Commercial Bank Of Oak Grove, Mo. Report to credit bureaus?

Does Commercial Bank Of Oak Grove, Mo. Use Equifax?

What is Commercial Bank Of Oak Grove, Mo.'s ACH Routing Number?

What is Commercial Bank Of Oak Grove, Mo.'s SWIFT code?

Products

Does Commercial Bank Of Oak Grove, Mo. offer mortgages?

Compare mortgage rates here.

Does Commercial Bank Of Oak Grove, Mo. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Commercial Bank Of Oak Grove, Mo. offer personal loans?

Compare personal loan rates here.

Does Commercial Bank Of Oak Grove, Mo. offer student loans?

Will Commercial Bank Of Oak Grove, Mo. cash a check?

Will Commercial Bank Of Oak Grove, Mo. redeem a savings bond?

Does Commercial Bank Of Oak Grove, Mo. cash savings bonds?

Will Commercial Bank Of Oak Grove, Mo. cash money orders?

Can Commercial Bank Of Oak Grove, Mo. issue a money order?

Does Commercial Bank Of Oak Grove, Mo. do currency exchange?

Background on The Bank

Who owns Commercial Bank Of Oak Grove, Mo.?

How long has Commercial Bank Of Oak Grove, Mo. been around?

Can Commercial Bank Of Oak Grove, Mo. transfer to other banks?

Does Commercial Bank Of Oak Grove, Mo. have quick pay?

Does Commercial Bank Of Oak Grove, Mo. accept rolled coins?

Will Commercial Bank Of Oak Grove, Mo. accept loose change?

Where is Commercial Bank Of Oak Grove, Mo. headquarters?

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