Community Bank of Parkersburg

631 Juliana Street
Parkersburg, WV 26101

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19681
Date Established 1967
Assets $0.25 billion
Loans $0.20 billion
Deposits $0.18 billion
Capital $0.03 billion

Community Bank of Parkersburg is an FDIC insured institution located in Parkersburg, WV. It was founded in 1967 and has approximately $0.25 billion in assets. Customers can open an account at one of its 4 branches.

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

Deposit Rates - August 20, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.06% $2,500 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.10% $25,000 - Learn MoreShow Less
Premium Money Market Account
0.05% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.10% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $500 $99,999 Learn MoreShow Less
3 Mo CD
0.05% $100,000 - Learn MoreShow Less
6 Mo CD
0.10% $500 $99,999 Learn MoreShow Less
6 Mo CD
0.10% $100,000 - Learn MoreShow Less
Special: 9 Mo CD
1.75% $1,000 - Learn MoreShow Less
12 Mo CD
0.15% $500 $99,999 Learn MoreShow Less
12 Mo CD
0.15% $100,000 - Learn MoreShow Less
18 Mo CD
0.20% $500 $99,999 Learn MoreShow Less
18 Mo CD
0.20% $100,000 - Learn MoreShow Less
24 Mo CD
0.30% $500 $99,999 Learn MoreShow Less
24 Mo CD
0.30% $100,000 - Learn MoreShow Less
30 Mo CD
0.40% $500 $99,999 Learn MoreShow Less
30 Mo CD
0.40% $100,000 - Learn MoreShow Less
36 Mo CD
0.50% $500 $99,999 Learn MoreShow Less
36 Mo CD
0.50% $100,000 - Learn MoreShow Less
48 Mo CD
0.60% $500 - Learn MoreShow Less
60 Mo CD
0.90% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.15% $500 - Learn MoreShow Less
Special: 9 Mo FIRA
1.75% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - August 20, 2019

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Community Bank of Parkersburg 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


Community Bank of Parkersburg Locations


Financial Details

Community Bank of Parkersburg Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank of Parkersburg. 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 Parkersburg U.S. Bank Average
4.17% 6.94%

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 March 31, 2019, Community Bank of Parkersburg had $478,000 in non-current loans and $700,000 in owned real estate. To cover these potential losses it had $26,882,000 in equity and $1,399,000 in loans loss reserves. That gives it a Texas Ratio of 4.17%.

Return on Equity
Community Bank of Parkersburg U.S. Bank Average
11.66% 9.47%

Community Bank of Parkersburg has a Return on Equity of 11.66% versus the BestCashCow average of 9.47%. 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 Parkersburg U.S. Bank Average
10.74% 12.49%

Community Bank of Parkersburg has a Capitalization of 10.74% versus the BestCashCow average of 12.49. 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 Parkersburg Balance Sheet Analysis

As of March 31, 2019, Community Bank of Parkersburg had assets of $250,276,000, loans of $203,833,000, and deposits of $184,084,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.20 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 $0.22 billion
LIABILITIES
Total deposits $0.18 billion
      Interest-bearing deposits $0.14 billion
      Deposits held in domestic offices $0.18 billion
      % insured (estimated) 93.11%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.03 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.22 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

March 31, 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 Community Bank of Parkersburg’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in West Virginia, Community Bank of Parkersburg has a significantly higher percent of Credit Card 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 69.33
Multifamily
Mortgages
1.31
Credit Card Loans 1.02
Consumer Auto Loans 3.49
Small Business Loans 0.00
Construction and Development Loans 2.27
Commercial Real Estate 15.45
Commercial and Industrial Loans 3.90
Farm Loans 0.00

Frequently Asked Questions About Community Bank Of Parkersburg

Branches and Savings

Is Community Bank Of Parkersburg FDIC insured?

Yes. It is covered under FDIC Certificate #19681.

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

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

Is Community Bank Of Parkersburg a commercial bank?

Yes

Where are Community Bank Of Parkersburg locations?

See branch locations nearby.

Is Community Bank Of Parkersburg open on Saturdays?

Is Community Bank Of Parkersburg open on Sundays?

What time does Community Bank Of Parkersburg open?

What time does Community Bank Of Parkersburg close?

Are Community Bank Of Parkersburg ATMs Open 24/7?

Do Community Bank Of Parkersburg ATMs accept cash deposits?

Can Community Bank Of Parkersburg customers use other ATMs?

Do Community Bank Of Parkersburg branches have notaries?

Will Community Bank Of Parkersburg notarize my document?

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

Will the Community Bank Of Parkersburg branch print checks?

Do Community Bank Of Parkersburg checks expire?

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

Can Community Bank Of Parkersburg close my account?

Does Community Bank Of Parkersburg Report to credit bureaus?

Does Community Bank Of Parkersburg Use Equifax?

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

What is Community Bank Of Parkersburg's SWIFT code?

Products

Does Community Bank Of Parkersburg offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Bank Of Parkersburg offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Parkersburg offer student loans?

Will Community Bank Of Parkersburg cash a check?

Will Community Bank Of Parkersburg redeem a savings bond?

Does Community Bank Of Parkersburg cash savings bonds?

Will Community Bank Of Parkersburg cash money orders?

Can Community Bank Of Parkersburg issue a money order?

Does Community Bank Of Parkersburg do currency exchange?

Background on The Bank

Who owns Community Bank Of Parkersburg?

How long has Community Bank Of Parkersburg been around?

Can Community Bank Of Parkersburg transfer to other banks?

Does Community Bank Of Parkersburg have quick pay?

Does Community Bank Of Parkersburg accept rolled coins?

Will Community Bank Of Parkersburg accept loose change?

Where is Community Bank Of Parkersburg headquarters?

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