Community Bank and Trust of Florida

Headquarters

1603 Southwest 19th Avenue
Ocala, FL 34471
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Community Bank and Trust of Florida is an FDIC insured institution located in Ocala, FL. It was founded in 1998 and has approximately $0.74 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 34683
Date Established 1998
Assets $ 755.25 million
Loans $ 289.83 million
Deposits $ 673.00 million
Capital $ 67.38 million
 

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

Deposit Rates - July 8, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 8, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Bank and Trust of Florida

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
3.039% 3.000% 0.50 $1,250 $1,055 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
2.990 %
$0 Learn More
More Info

Note to Community Bank and Trust of Florida
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Branches

Community Bank and Trust of Florida 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 Bank and Trust of Florida Locations


Financial Details

Community Bank and Trust of Florida Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank and Trust of Florida. 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 Bank and Trust of Florida U.S. Bank Average
0.15% 6.51%

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 December 31, 2019, Community Bank and Trust of Florida had $105,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $67,379,000 in equity and $4,090,000 in loans loss reserves. That gives it a Texas Ratio of 0.15%.

Return on Equity
Community Bank and Trust of Florida U.S. Bank Average
10.17% 9.41%

Community Bank and Trust of Florida has a Return on Equity of 10.17% versus the BestCashCow average of 9.41%. 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 Bank and Trust of Florida U.S. Bank Average
8.92% 12.82%

Community Bank and Trust of Florida has a Capitalization of 8.92% versus the BestCashCow average of 12.82. 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 Bank and Trust of Florida Balance Sheet Analysis

As of September 30, 2019, Community Bank and Trust of Florida had assets of $743,628,000, loans of $289,825,000, and deposits of $673,001,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 88.95 million
Interest-bearing balances $ 71.03 million
Total securities $ 324.80 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 289.83 million
Loan loss allowance $ 4.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 22.24 million
     Total Assets $ 676.25 million
LIABILITIES
Total deposits $ 673.00 million
      Interest-bearing deposits $ 421.16 million
      Deposits held in domestic offices $ 673.00 million
      % insured (estimated) 61.54%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 3.25 million
      Total Liabilities $ 676.25 million
      Shareholders’ Equity $ 79.00 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 19.45 million
Total Interest Expense $ 3.11 million
Net interest income $ 16.33 million
Provision for loan and lease losses N.A.
Total non interest income $ 4.01 million
Total non interest expense $ 14.04 million
Pre-tax Net Operating Income $ 6.31 million

Bank Loan Profile?

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

Compared to other banks, Community Bank and Trust of Florida’s loan portfolio does not show any specific loan specialty.

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 27.60
Multifamily
Mortgages
0.08
Credit Card Loans 0.00
Consumer Auto Loans 0.60
Small Business Loans 11.23
Construction and Development Loans 4.21
Commercial Real Estate 41.42
Commercial and Industrial Loans 8.07
Farm Loans 1.85

Frequently Asked Questions About Community Bank And Trust Of Florida

Branches and Savings

Is Community Bank And Trust Of Florida FDIC insured?

Yes. It is covered under FDIC Certificate #34683.

Why does Community Bank And Trust Of Florida pay such low interest on savings accounts?

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

Why are Community Bank And Trust Of Florida CD rates not competitive?

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

Is Community Bank And Trust Of Florida a commercial bank?

Yes

Where are Community Bank And Trust Of Florida locations?

See branch locations nearby.

Is Community Bank And Trust Of Florida open on Saturdays?

Is Community Bank And Trust Of Florida open on Sundays?

What time does Community Bank And Trust Of Florida open?

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Are Community Bank And Trust Of Florida ATMs Open 24/7?

Do Community Bank And Trust Of Florida ATMs accept cash deposits?

Can Community Bank And Trust Of Florida customers use other ATMs?

Do Community Bank And Trust Of Florida branches have notaries?

Will Community Bank And Trust Of Florida notarize my document?

What address for Community Bank And Trust Of Florida should I put for incoming ACH transfers?

Will the Community Bank And Trust Of Florida branch print checks?

Do Community Bank And Trust Of Florida checks expire?

Does Community Bank And Trust Of Florida require US citizenship to open account?

Can Community Bank And Trust Of Florida close my account?

Does Community Bank And Trust Of Florida Report to credit bureaus?

Does Community Bank And Trust Of Florida Use Equifax?

What is Community Bank And Trust Of Florida's ACH Routing Number?

What is Community Bank And Trust Of Florida's SWIFT code?

Products

Does Community Bank And Trust Of Florida offer mortgages?

Compare mortgage rates here.

Does Community Bank And Trust Of Florida offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Bank And Trust Of Florida offer personal loans?

Compare personal loan rates here.

Does Community Bank And Trust Of Florida offer student loans?

Will Community Bank And Trust Of Florida cash a check?

Will Community Bank And Trust Of Florida redeem a savings bond?

Does Community Bank And Trust Of Florida cash savings bonds?

Will Community Bank And Trust Of Florida cash money orders?

Can Community Bank And Trust Of Florida issue a money order?

Does Community Bank And Trust Of Florida do currency exchange?

Background on The Bank

Who owns Community Bank And Trust Of Florida?

How long has Community Bank And Trust Of Florida been around?

Can Community Bank And Trust Of Florida transfer to other banks?

Does Community Bank And Trust Of Florida have quick pay?

Does Community Bank And Trust Of Florida accept rolled coins?

Will Community Bank And Trust Of Florida accept loose change?

Where is Community Bank And Trust Of Florida headquarters?

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