Community Bank of Oelwein

Headquarters

150 1st Street, S.E.
Oelwein, IA 50662
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 1.00% 0.95% →
2-Year CD 1.10% 1.05% →
5-Year CD 1.41% 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 of Oelwein is an FDIC insured institution located in Oelwein, IA. It was founded in 1998 and has approximately $0.11 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34857
Date Established 1998
Assets $ 109.88 million
Loans $ 60.16 million
Deposits $ 93.29 million
Capital $ 13.74 million
 

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

Deposit Rates - September 18, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $1 - Learn More
Money Market
0.35% $1 $49,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.50% $10,000 $24,999 Learn More
6 Mo CD
0.80% $100,000 - Learn More
Special: 11 Mo CD
0.85% $10,000 - Learn More
12 Mo CD
0.65% $10,000 $24,999 Learn More
12 Mo CD
1.00% $100,000 - Learn More
0.85% $10,000 $24,999 Learn More
24 Mo CD
1.10% $100,000 - Learn More
36 Mo CD
0.85% $10,000 $24,999 Learn More
36 Mo CD
1.10% $100,000 - Learn More
48 Mo CD
1.00% $10,000 $24,999 Learn More
48 Mo CD
1.30% $100,000 - Learn More
60 Mo CD
1.10% $10,000 $24,999 Learn More
60 Mo CD
1.41% $100,000 - Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.35% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1 - Learn MoreShow Less

Loan Rates - September 18, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Community Bank of Oelwein

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Community Bank of Oelwein
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Branches

Community Bank of Oelwein 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:
Seattle,Washington


Community Bank of Oelwein Locations


Financial Details

Community Bank of Oelwein Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank of Oelwein. 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 of Oelwein U.S. Bank Average
3.75% 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 of Oelwein had $540,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,744,000 in equity and $664,000 in loans loss reserves. That gives it a Texas Ratio of 3.75%.

Return on Equity
Community Bank of Oelwein U.S. Bank Average
8.41% 7.80%

Community Bank of Oelwein has a Return on Equity of 8.41% 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 of Oelwein U.S. Bank Average
12.51% 12.68%

Community Bank of Oelwein has a Capitalization of 12.51% 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 of Oelwein Balance Sheet Analysis

As of March 31, 2020, Community Bank of Oelwein had assets of $109,883,000, loans of $60,157,000, and deposits of $93,287,000. 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 $ 10.27 million
Interest-bearing balances $ 9.24 million
Total securities $ 31.65 million
Federal funds sold and reverse repurchase $ 4.15 million
Net loans and leases $ 60.16 million
Loan loss allowance $ 0.66 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 $ 2.60 million
     Total Assets $ 96.14 million
LIABILITIES
Total deposits $ 93.29 million
      Interest-bearing deposits $ 89.49 million
      Deposits held in domestic offices $ 93.29 million
      % insured (estimated) 77.26%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.15 million
Subordinated debt N.A.
All other liabilities $ 0.70 million
      Total Liabilities $ 96.14 million
      Shareholders’ Equity $ 13.75 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.08 million
Total Interest Expense $ 0.37 million
Net interest income $ 0.70 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.05 million
Total non interest expense $ 0.38 million
Pre-tax Net Operating Income $ 0.36 million

Bank Loan Profile?

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

Compared to other banks, Community Bank of Oelwein’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 24.48
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.06
Small Business Loans 0.00
Construction and Development Loans 4.12
Commercial Real Estate 25.66
Commercial and Industrial Loans 15.99
Farm Loans 11.16

Frequently Asked Questions About Community Bank Of Oelwein

Branches and Savings

Is Community Bank Of Oelwein FDIC insured?

Yes. It is covered under FDIC Certificate #34857.

Why does Community Bank Of Oelwein 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 Of Oelwein CD rates not competitive?

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

Is Community Bank Of Oelwein a commercial bank?

Yes

Where are Community Bank Of Oelwein locations?

See branch locations nearby.

Is Community Bank Of Oelwein open on Saturdays?

Is Community Bank Of Oelwein open on Sundays?

What time does Community Bank Of Oelwein open?

What time does Community Bank Of Oelwein close?

Are Community Bank Of Oelwein ATMs Open 24/7?

Do Community Bank Of Oelwein ATMs accept cash deposits?

Can Community Bank Of Oelwein customers use other ATMs?

Do Community Bank Of Oelwein branches have notaries?

Will Community Bank Of Oelwein notarize my document?

What address for Community Bank Of Oelwein should I put for incoming ACH transfers?

Will the Community Bank Of Oelwein branch print checks?

Do Community Bank Of Oelwein checks expire?

Does Community Bank Of Oelwein require US citizenship to open account?

Can Community Bank Of Oelwein close my account?

Does Community Bank Of Oelwein Report to credit bureaus?

Does Community Bank Of Oelwein Use Equifax?

What is Community Bank Of Oelwein's ACH Routing Number?

What is Community Bank Of Oelwein's SWIFT code?

Products

Does Community Bank Of Oelwein offer mortgages?

Compare mortgage rates here.

Does Community Bank Of Oelwein offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Bank Of Oelwein offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Oelwein offer student loans?

Will Community Bank Of Oelwein cash a check?

Will Community Bank Of Oelwein redeem a savings bond?

Does Community Bank Of Oelwein cash savings bonds?

Will Community Bank Of Oelwein cash money orders?

Can Community Bank Of Oelwein issue a money order?

Does Community Bank Of Oelwein do currency exchange?

Background on The Bank

Who owns Community Bank Of Oelwein?

How long has Community Bank Of Oelwein been around?

Can Community Bank Of Oelwein transfer to other banks?

Does Community Bank Of Oelwein have quick pay?

Does Community Bank Of Oelwein accept rolled coins?

Will Community Bank Of Oelwein accept loose change?

Where is Community Bank Of Oelwein headquarters?

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