Community Bank of Santa Maria

Headquarters

2739 Santa Maria Way
Santa Maria, CA 93455
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.75% 1.01% →
2-Year CD 1.01% 0.95% →
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 of Santa Maria is an FDIC insured institution located in Santa Maria, CA. It was founded in 2001 and has approximately $0.26 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 57073
Date Established 2001
Assets $ 261.78 million
Loans $ 178.26 million
Deposits $ 232.16 million
Capital $ 28.31 million
 

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

Deposit Rates - October 27, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.75% $100,000 $199,999 Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
1.01% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
1.26% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 27, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Bank of Santa Maria

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
2.674% 2.625% 0.63 $1,595 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Community Bank of Santa Maria
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Community Bank of Santa Maria 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 of Santa Maria Locations


Financial Details

Community Bank of Santa Maria Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Bank of Santa Maria. 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 Santa Maria U.S. Bank Average
0.45% 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 Santa Maria had $138,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $28,307,000 in equity and $2,040,000 in loans loss reserves. That gives it a Texas Ratio of 0.45%.

Return on Equity
Community Bank of Santa Maria U.S. Bank Average
9.34% 7.80%

Community Bank of Santa Maria has a Return on Equity of 9.34% 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 Santa Maria U.S. Bank Average
10.81% 12.68%

Community Bank of Santa Maria has a Capitalization of 10.81% 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 Santa Maria Balance Sheet Analysis

As of March 31, 2020, Community Bank of Santa Maria had assets of $261,776,000, loans of $178,256,000, and deposits of $232,156,000. 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 $ 18.40 million
Interest-bearing balances $ 11.20 million
Total securities $ 52.91 million
Federal funds sold and reverse repurchase $ 1.52 million
Net loans and leases $ 178.26 million
Loan loss allowance $ 2.04 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 $ 6.14 million
     Total Assets $ 233.47 million
LIABILITIES
Total deposits $ 232.16 million
      Interest-bearing deposits $ 136.74 million
      Deposits held in domestic offices $ 232.16 million
      % insured (estimated) 75.39%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.31 million
      Total Liabilities $ 233.47 million
      Shareholders’ Equity $ 28.31 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.90 million
Total Interest Expense $ 0.13 million
Net interest income $ 2.77 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.21 million
Total non interest expense $ 2.07 million
Pre-tax Net Operating Income $ 0.92 million

Bank Loan Profile?

The top three loan types in Community Bank of Santa Maria’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks, Community Bank of Santa Maria’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 8.52
Multifamily
Mortgages
8.72
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 0.00
Construction and Development Loans 4.39
Commercial Real Estate 54.95
Commercial and Industrial Loans 15.35
Farm Loans 0.72

Frequently Asked Questions About Community Bank Of Santa Maria

Branches and Savings

Is Community Bank Of Santa Maria FDIC insured?

Yes. It is covered under FDIC Certificate #57073.

Why does Community Bank Of Santa Maria 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 Santa Maria CD rates not competitive?

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

Is Community Bank Of Santa Maria a commercial bank?

Yes

Where are Community Bank Of Santa Maria locations?

See branch locations nearby.

Is Community Bank Of Santa Maria open on Saturdays?

Is Community Bank Of Santa Maria open on Sundays?

What time does Community Bank Of Santa Maria open?

What time does Community Bank Of Santa Maria close?

Are Community Bank Of Santa Maria ATMs Open 24/7?

Do Community Bank Of Santa Maria ATMs accept cash deposits?

Can Community Bank Of Santa Maria customers use other ATMs?

Do Community Bank Of Santa Maria branches have notaries?

Will Community Bank Of Santa Maria notarize my document?

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

Will the Community Bank Of Santa Maria branch print checks?

Do Community Bank Of Santa Maria checks expire?

Does Community Bank Of Santa Maria require US citizenship to open account?

Can Community Bank Of Santa Maria close my account?

Does Community Bank Of Santa Maria Report to credit bureaus?

Does Community Bank Of Santa Maria Use Equifax?

What is Community Bank Of Santa Maria's ACH Routing Number?

What is Community Bank Of Santa Maria's SWIFT code?

Products

Does Community Bank Of Santa Maria offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Bank Of Santa Maria offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Santa Maria offer student loans?

Will Community Bank Of Santa Maria cash a check?

Will Community Bank Of Santa Maria redeem a savings bond?

Does Community Bank Of Santa Maria cash savings bonds?

Will Community Bank Of Santa Maria cash money orders?

Can Community Bank Of Santa Maria issue a money order?

Does Community Bank Of Santa Maria do currency exchange?

Background on The Bank

Who owns Community Bank Of Santa Maria?

How long has Community Bank Of Santa Maria been around?

Can Community Bank Of Santa Maria transfer to other banks?

Does Community Bank Of Santa Maria have quick pay?

Does Community Bank Of Santa Maria accept rolled coins?

Will Community Bank Of Santa Maria accept loose change?

Where is Community Bank Of Santa Maria headquarters?

Customer Reviews for Community Bank of Santa Maria

There are currently no comments for Community Bank of Santa Maria. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →