Community Bank, Austin

Headquarters

805 North Main Street
Austin, MN 55912
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 Bank, Austin is an FDIC insured institution located in Austin, MN. It was founded in 2004 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57801
Date Established 2004
Assets $ 39.41 million
Loans $ 30.22 million
Deposits $ 34.97 million
Capital $ 4.36 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Bank, Austin

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 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

Note to Community Bank, Austin
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Branches

Community Bank, Austin 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, Austin Locations


Financial Details

Community Bank, Austin Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank, Austin. 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, Austin U.S. Bank Average
6.76% 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 Bank, Austin had $100,000 in non-current loans and $223,000 in owned real estate. To cover these potential losses it had $4,356,000 in equity and $422,000 in loans loss reserves. That gives it a Texas Ratio of 6.76%.

Return on Equity
Community Bank, Austin U.S. Bank Average
4.33% 7.80%

Community Bank, Austin has a Return on Equity of 4.33% 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 Bank, Austin U.S. Bank Average
11.05% 12.68%

Community Bank, Austin has a Capitalization of 11.05% 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 Bank, Austin Balance Sheet Analysis

As of June 30, 2012, Community Bank, Austin had assets of $39,409,000, loans of $30,218,000, and deposits of $34,971,000. 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 $ 30.22 million
Loan loss allowance $ 0.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.22 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 34.97 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 $ 39.41 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 Community Bank, Austin’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Community Bank, Austin’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Community Bank, Austin

Branches and Savings

Is Community Bank, Austin FDIC insured?

Yes. It is covered under FDIC Certificate #57801.

Why does Community Bank, Austin 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, Austin CD rates not competitive?

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

Is Community Bank, Austin a commercial bank?

Yes

Where are Community Bank, Austin locations?

See branch locations nearby.

Is Community Bank, Austin open on Saturdays?

Is Community Bank, Austin open on Sundays?

What time does Community Bank, Austin open?

What time does Community Bank, Austin close?

Are Community Bank, Austin ATMs Open 24/7?

Do Community Bank, Austin ATMs accept cash deposits?

Can Community Bank, Austin customers use other ATMs?

Do Community Bank, Austin branches have notaries?

Will Community Bank, Austin notarize my document?

What address for Community Bank, Austin should I put for incoming ACH transfers?

Will the Community Bank, Austin branch print checks?

Do Community Bank, Austin checks expire?

Does Community Bank, Austin require US citizenship to open account?

Can Community Bank, Austin close my account?

Does Community Bank, Austin Report to credit bureaus?

Does Community Bank, Austin Use Equifax?

What is Community Bank, Austin's ACH Routing Number?

What is Community Bank, Austin's SWIFT code?

Products

Does Community Bank, Austin offer mortgages?

Compare mortgage rates here.

Does Community Bank, Austin offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Bank, Austin offer personal loans?

Compare personal loan rates here.

Does Community Bank, Austin offer student loans?

Will Community Bank, Austin cash a check?

Will Community Bank, Austin redeem a savings bond?

Does Community Bank, Austin cash savings bonds?

Will Community Bank, Austin cash money orders?

Can Community Bank, Austin issue a money order?

Does Community Bank, Austin do currency exchange?

Background on The Bank

Who owns Community Bank, Austin?

How long has Community Bank, Austin been around?

Can Community Bank, Austin transfer to other banks?

Does Community Bank, Austin have quick pay?

Does Community Bank, Austin accept rolled coins?

Will Community Bank, Austin accept loose change?

Where is Community Bank, Austin headquarters?

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