Community 1st Bank Las Vegas

Headquarters

600 Douglas Ave
Las Vegas, NM 87701
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

Community 1st Bank Las Vegas is an FDIC insured institution located in Las Vegas, NM. It was founded in 1949 and has approximately $0.14 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 16854
Date Established 1949
Assets $ 142.88 million
Loans $ 53.76 million
Deposits $ 126.86 million
Capital $ 15.67 million
 

For a more detailed analysis of Community 1st Bank Las Vegas's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community 1st Bank Las Vegas

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
2.816% 2.750% 0.88 $2,132 $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 Community 1st Bank Las Vegas
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Branches

Community 1st Bank Las Vegas 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


Community 1st Bank Las Vegas Locations


Financial Details

Community 1st Bank Las Vegas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community 1st Bank Las Vegas. 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
Community 1st Bank Las Vegas U.S. Bank Average
8.46% 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, Community 1st Bank Las Vegas had $257,000 in non-current loans and $1,150,000 in owned real estate. To cover these potential losses it had $15,666,000 in equity and $965,000 in loans loss reserves. That gives it a Texas Ratio of 8.46%.

Return on Equity
Community 1st Bank Las Vegas U.S. Bank Average
12.75% 7.80%

Community 1st Bank Las Vegas has a Return on Equity of 12.75% 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
Community 1st Bank Las Vegas U.S. Bank Average
10.96% 12.68%

Community 1st Bank Las Vegas has a Capitalization of 10.96% 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.

Community 1st Bank Las Vegas Balance Sheet Analysis

As of March 31, 2020, Community 1st Bank Las Vegas had assets of $142,876,000, loans of $53,761,000, and deposits of $126,862,000. 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 $ 14.14 million
Interest-bearing balances $ 11.27 million
Total securities $ 54.06 million
Federal funds sold and reverse repurchase $ 12.00 million
Net loans and leases $ 53.76 million
Loan loss allowance $ 0.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.15 million
Goodwill and other intangibles N.A.
All other assets $ 3.52 million
     Total Assets $ 127.21 million
LIABILITIES
Total deposits $ 126.86 million
      Interest-bearing deposits $ 102.26 million
      Deposits held in domestic offices $ 126.86 million
      % insured (estimated) 63.70%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.13 million
Subordinated debt N.A.
All other liabilities $ 0.22 million
      Total Liabilities $ 127.21 million
      Shareholders’ Equity $ 15.67 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.34 million
Total Interest Expense $ 0.10 million
Net interest income $ 1.24 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.28 million
Total non interest expense $ 1.04 million
Pre-tax Net Operating Income $ 0.49 million

Bank Loan Profile?

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

Compared to other banks in New Mexico, Community 1st Bank Las Vegas has a significantly higher percent of Small Business Loans, 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 28.02
Multifamily
Mortgages
5.65
Credit Card Loans 0.00
Consumer Auto Loans 0.30
Small Business Loans 23.59
Construction and Development Loans 21.10
Commercial Real Estate 33.14
Commercial and Industrial Loans 6.54
Farm Loans 3.62

Frequently Asked Questions About Community 1st Bank Las Vegas

Branches and Savings

Is Community 1st Bank Las Vegas FDIC insured?

Yes. It is covered under FDIC Certificate #16854.

Why does Community 1st Bank Las Vegas pay such low interest on savings accounts?

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

Why are Community 1st Bank Las Vegas CD rates not competitive?

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

Is Community 1st Bank Las Vegas a commercial bank?

Yes

Where are Community 1st Bank Las Vegas locations?

See branch locations nearby.

Is Community 1st Bank Las Vegas open on Saturdays?

Is Community 1st Bank Las Vegas open on Sundays?

What time does Community 1st Bank Las Vegas open?

What time does Community 1st Bank Las Vegas close?

Are Community 1st Bank Las Vegas ATMs Open 24/7?

Do Community 1st Bank Las Vegas ATMs accept cash deposits?

Can Community 1st Bank Las Vegas customers use other ATMs?

Do Community 1st Bank Las Vegas branches have notaries?

Will Community 1st Bank Las Vegas notarize my document?

What address for Community 1st Bank Las Vegas should I put for incoming ACH transfers?

Will the Community 1st Bank Las Vegas branch print checks?

Do Community 1st Bank Las Vegas checks expire?

Does Community 1st Bank Las Vegas require US citizenship to open account?

Can Community 1st Bank Las Vegas close my account?

Does Community 1st Bank Las Vegas Report to credit bureaus?

Does Community 1st Bank Las Vegas Use Equifax?

What is Community 1st Bank Las Vegas's ACH Routing Number?

What is Community 1st Bank Las Vegas's SWIFT code?

Products

Does Community 1st Bank Las Vegas offer mortgages?

Compare mortgage rates here.

Does Community 1st Bank Las Vegas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community 1st Bank Las Vegas offer personal loans?

Compare personal loan rates here.

Does Community 1st Bank Las Vegas offer student loans?

Will Community 1st Bank Las Vegas cash a check?

Will Community 1st Bank Las Vegas redeem a savings bond?

Does Community 1st Bank Las Vegas cash savings bonds?

Will Community 1st Bank Las Vegas cash money orders?

Can Community 1st Bank Las Vegas issue a money order?

Does Community 1st Bank Las Vegas do currency exchange?

Background on The Bank

Who owns Community 1st Bank Las Vegas?

How long has Community 1st Bank Las Vegas been around?

Can Community 1st Bank Las Vegas transfer to other banks?

Does Community 1st Bank Las Vegas have quick pay?

Does Community 1st Bank Las Vegas accept rolled coins?

Will Community 1st Bank Las Vegas accept loose change?

Where is Community 1st Bank Las Vegas headquarters?

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