Commonwealth National Bank

2214 St. Stephens Road
Mobile, AL 36601

Notable Rates APY Vs.Others
Savings 0.06% 2.60% →
1-Year CD 0.16% 2.30% →
2-Year CD 0.45% 2.50% →
5-Year CD 0.85% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Commonwealth National Bank is an FDIC insured institution located in Mobile, AL. It was founded in 1976 and has approximately $0.05 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 22229
Date Established 1976
Assets $0.05 billion
Loans $0.02 billion
Deposits $0.04 billion
Capital $0.01 billion
 

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

Deposit Rates - November 15, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.07% $500 - Learn MoreShow Less
6 Mo CD
0.10% $500 - Learn MoreShow Less
12 Mo CD
0.16% $500 - Learn MoreShow Less
Special: 18 Mo CD
0.30% $500 - Learn MoreShow Less
18 Mo CD
0.30% $500 - Learn MoreShow Less
Special: 24 Mo CD
0.45% $500 - Learn MoreShow Less
24 Mo CD
0.45% $500 - Learn MoreShow Less
30 Mo CD
0.50% $500 - Learn MoreShow Less
36 Mo CD
0.50% $500 - Learn MoreShow Less
48 Mo CD
0.56% $500 - Learn MoreShow Less
60 Mo CD
0.85% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.16% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $25 - Learn MoreShow Less

Loan Rates - November 15, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Commonwealth National 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.657% 3.625% 0.00 $1,012 $1,141 Learn More
First Internet Bank
NMLS ID: 424182
3.625% 3.625% 0.00 ($118) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to Commonwealth National Bank
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Branches

Commonwealth 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:
Ashburn,Virginia


Commonwealth National Bank Locations


Financial Details

Commonwealth National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commonwealth 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
Commonwealth National Bank U.S. Bank Average
16.94% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 June 30, 2019, Commonwealth National Bank had $749,000 in non-current loans and $193,000 in owned real estate. To cover these potential losses it had $5,093,000 in equity and $469,000 in loans loss reserves. That gives it a Texas Ratio of 16.94%.

Return on Equity
Commonwealth National Bank U.S. Bank Average
4.21% 9.50%

Commonwealth National Bank has a Return on Equity of 4.21% versus the BestCashCow average of 9.50%. 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
Commonwealth National Bank U.S. Bank Average
10.44% 12.76%

Commonwealth National Bank has a Capitalization of 10.44% versus the BestCashCow average of 12.76. 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.

Commonwealth National Bank Balance Sheet Analysis

As of June 30, 2019, Commonwealth National Bank had assets of $48,774,000, loans of $16,234,000, and deposits of $43,590,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.02 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 68.48%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.04 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Commonwealth National Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Alabama, Commonwealth National Bank has a significantly higher percent of Small Business 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 22.60
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.59
Small Business Loans 29.52
Construction and Development Loans 0.33
Commercial Real Estate 32.35
Commercial and Industrial Loans 8.76
Farm Loans 0.00

Frequently Asked Questions About Commonwealth National Bank

Branches and Savings

Is Commonwealth National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #22229.

Why does Commonwealth 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 Commonwealth National Bank CD rates not competitive?

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

Is Commonwealth National Bank a commercial bank?

Yes

Where are Commonwealth National Bank locations?

See branch locations nearby.

Is Commonwealth National Bank open on Saturdays?

Is Commonwealth National Bank open on Sundays?

What time does Commonwealth National Bank open?

What time does Commonwealth National Bank close?

Are Commonwealth National Bank ATMs Open 24/7?

Do Commonwealth National Bank ATMs accept cash deposits?

Can Commonwealth National Bank customers use other ATMs?

Do Commonwealth National Bank branches have notaries?

Will Commonwealth National Bank notarize my document?

What address for Commonwealth National Bank should I put for incoming ACH transfers?

Will the Commonwealth National Bank branch print checks?

Do Commonwealth National Bank checks expire?

Does Commonwealth National Bank require US citizenship to open account?

Can Commonwealth National Bank close my account?

Does Commonwealth National Bank Report to credit bureaus?

Does Commonwealth National Bank Use Equifax?

What is Commonwealth National Bank's ACH Routing Number?

What is Commonwealth National Bank's SWIFT code?

Products

Does Commonwealth National Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Commonwealth National Bank offer personal loans?

Compare personal loan rates here.

Does Commonwealth National Bank offer student loans?

Will Commonwealth National Bank cash a check?

Will Commonwealth National Bank redeem a savings bond?

Does Commonwealth National Bank cash savings bonds?

Will Commonwealth National Bank cash money orders?

Can Commonwealth National Bank issue a money order?

Does Commonwealth National Bank do currency exchange?

Background on The Bank

Who owns Commonwealth National Bank?

How long has Commonwealth National Bank been around?

Can Commonwealth National Bank transfer to other banks?

Does Commonwealth National Bank have quick pay?

Does Commonwealth National Bank accept rolled coins?

Will Commonwealth National Bank accept loose change?

Where is Commonwealth National Bank headquarters?

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