COMMUNITY BANK OF SNYDER

Headquarters

1715 25th Street
Snyder, TX 79549
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 1.00% 0.85% →
2-Year CD 1.50% 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

COMMUNITY BANK OF SNYDER is an FDIC insured institution located in Snyder, TX. It was founded in 1905 and has approximately $0.11 billion in assets.

FDIC Insured Yes
FDIC Certificate # 14776
Date Established 1905
Assets $ 110.34 million
Loans $ 33.15 million
Deposits $ 93.03 million
Capital $ 8.00 million
 

For a more detailed analysis of COMMUNITY BANK OF SNYDER's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 3, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
1.00% $10,000 $14,999 Learn More
12 Mo CD
1.00% $100,000 $199,999 Learn More
18 Mo CD
1.25% $10,000 $14,999 Learn More
18 Mo CD
1.25% $100,000 $199,999 Learn More
24 Mo CD
1.50% $10,000 $14,999 Learn More
24 Mo CD
1.50% $100,000 $199,999 Learn More
36 Mo CD
1.75% $10,000 $14,999 Learn More
36 Mo CD
1.75% $100,000 $199,999 Learn More
48 Mo CD
2.02% $10,000 $14,999 Learn More
48 Mo CD
2.02% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - December 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for COMMUNITY BANK OF SNYDER

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.686% 2.625% 0.63 $2,008 $1,005 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.556% 2.500% 0.75 $1,852 $988 Learn More

Featured - Virginia 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
2.240 %
$0 Learn More
More Info

Note to COMMUNITY BANK OF SNYDER
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

COMMUNITY BANK OF SNYDER 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 SNYDER Locations


Financial Details

COMMUNITY BANK OF SNYDER Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of COMMUNITY BANK OF SNYDER. 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 SNYDER U.S. Bank Average
0.99% 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 SNYDER had $81,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,001,000 in equity and $172,000 in loans loss reserves. That gives it a Texas Ratio of 0.99%.

Return on Equity
COMMUNITY BANK OF SNYDER U.S. Bank Average
7.37% 7.80%

COMMUNITY BANK OF SNYDER has a Return on Equity of 7.37% 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 SNYDER U.S. Bank Average
7.25% 12.68%

COMMUNITY BANK OF SNYDER has a Capitalization of 7.25% 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 SNYDER Balance Sheet Analysis

As of December 31, 2019, COMMUNITY BANK OF SNYDER had assets of $106,466,000, loans of $33,150,000, and deposits of $93,027,000. 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 $ 71.78 million
Interest-bearing balances $ 70.44 million
Total securities $ 0.00 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 33.15 million
Loan loss allowance $ 0.17 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 $ 0.61 million
     Total Assets $ 98.38 million
LIABILITIES
Total deposits $ 93.03 million
      Interest-bearing deposits $ 53.84 million
      Deposits held in domestic offices $ 93.03 million
      % insured (estimated) 78.94%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 5.35 million
      Total Liabilities $ 98.38 million
      Shareholders’ Equity $ 11.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.51 million
Total Interest Expense $ 0.37 million
Net interest income $ 3.14 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.25 million
Total non interest expense $ 3.08 million
Pre-tax Net Operating Income $ 0.48 million

Bank Loan Profile?

The top three loan types in COMMUNITY BANK OF SNYDER’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Farm Loans.

Compared to other banks in Texas, COMMUNITY BANK OF SNYDER has a significantly higher percent of Small Business 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 15.81
Multifamily
Mortgages
0.99
Credit Card Loans 0.00
Consumer Auto Loans 2.36
Small Business Loans 10.13
Construction and Development Loans 10.33
Commercial Real Estate 32.66
Commercial and Industrial Loans 4.49
Farm Loans 11.34

Frequently Asked Questions About Community Bank Of Snyder

Branches and Savings

Is Community Bank Of Snyder FDIC insured?

Yes. It is covered under FDIC Certificate #14776.

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

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

Is Community Bank Of Snyder a commercial bank?

Yes

Where are Community Bank Of Snyder locations?

See branch locations nearby.

Is Community Bank Of Snyder open on Saturdays?

Is Community Bank Of Snyder open on Sundays?

What time does Community Bank Of Snyder open?

What time does Community Bank Of Snyder close?

Are Community Bank Of Snyder ATMs Open 24/7?

Do Community Bank Of Snyder ATMs accept cash deposits?

Can Community Bank Of Snyder customers use other ATMs?

Do Community Bank Of Snyder branches have notaries?

Will Community Bank Of Snyder notarize my document?

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

Will the Community Bank Of Snyder branch print checks?

Do Community Bank Of Snyder checks expire?

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

Can Community Bank Of Snyder close my account?

Does Community Bank Of Snyder Report to credit bureaus?

Does Community Bank Of Snyder Use Equifax?

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

What is Community Bank Of Snyder's SWIFT code?

Products

Does Community Bank Of Snyder offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Bank Of Snyder offer personal loans?

Compare personal loan rates here.

Does Community Bank Of Snyder offer student loans?

Will Community Bank Of Snyder cash a check?

Will Community Bank Of Snyder redeem a savings bond?

Does Community Bank Of Snyder cash savings bonds?

Will Community Bank Of Snyder cash money orders?

Can Community Bank Of Snyder issue a money order?

Does Community Bank Of Snyder do currency exchange?

Background on The Bank

Who owns Community Bank Of Snyder?

How long has Community Bank Of Snyder been around?

Can Community Bank Of Snyder transfer to other banks?

Does Community Bank Of Snyder have quick pay?

Does Community Bank Of Snyder accept rolled coins?

Will Community Bank Of Snyder accept loose change?

Where is Community Bank Of Snyder headquarters?

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