COMMUNITY BANK OF THE CUMBERLANDS

Headquarters

416 East Central Avenue
Jamestown, TN 38556
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

COMMUNITY BANK OF THE CUMBERLANDS is an FDIC insured institution located in Jamestown, TN. It was founded in 2001 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57111
Date Established 2001
Assets $ 172.16 million
Loans $ 134.39 million
Deposits $ 151.70 million
Capital $ 19.09 million
 

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

Deposit Rates - January 20, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - January 20, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for COMMUNITY BANK OF THE CUMBERLANDS

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 2021

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2.561% 2.500% 0.75 $2,005 $988 Learn More
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2.480% 2.375% 1.00 $3,500 $972 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
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2.240 %
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Note to COMMUNITY BANK OF THE CUMBERLANDS
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Branches

COMMUNITY BANK OF THE CUMBERLANDS 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 THE CUMBERLANDS Locations


Financial Details

COMMUNITY BANK OF THE CUMBERLANDS Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of COMMUNITY BANK OF THE CUMBERLANDS. 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 THE CUMBERLANDS U.S. Bank Average
50.04% 6.14%

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 September 30, 2020, COMMUNITY BANK OF THE CUMBERLANDS had $10,073,000 in non-current loans and $490,000 in owned real estate. To cover these potential losses it had $19,094,000 in equity and $2,015,000 in loans loss reserves. That gives it a Texas Ratio of 50.04%.

Return on Equity
COMMUNITY BANK OF THE CUMBERLANDS U.S. Bank Average
9% 9.23%

COMMUNITY BANK OF THE CUMBERLANDS has a Return on Equity of 9% versus the BestCashCow average of 9.23%. 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 THE CUMBERLANDS U.S. Bank Average
11.09% 12.07%

COMMUNITY BANK OF THE CUMBERLANDS has a Capitalization of 11.09% versus the BestCashCow average of 12.07. 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 THE CUMBERLANDS Balance Sheet Analysis

As of December 31, 2012, COMMUNITY BANK OF THE CUMBERLANDS had assets of $173,794,000, loans of $134,389,000, and deposits of $151,699,000. 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

September 30, 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 $ 134.39 million
Loan loss allowance $ 2.02 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.49 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 151.70 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 $ 172.16 million

Summary Income Statement

September 30, 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 OF THE CUMBERLANDS’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Tennessee, COMMUNITY BANK OF THE CUMBERLANDS 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 15.79
Multifamily
Mortgages
1.81
Credit Card Loans 0.00
Consumer Auto Loans 1.03
Small Business Loans 18.22
Construction and Development Loans 1.74
Commercial Real Estate 25.12
Commercial and Industrial Loans 1.32
Farm Loans 0.04

Frequently Asked Questions About Community Bank Of The Cumberlands

Branches and Savings

Is Community Bank Of The Cumberlands FDIC insured?

Yes. It is covered under FDIC Certificate #57111.

Why does Community Bank Of The Cumberlands 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 The Cumberlands CD rates not competitive?

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

Is Community Bank Of The Cumberlands a commercial bank?

Yes

Where are Community Bank Of The Cumberlands locations?

See branch locations nearby.

Is Community Bank Of The Cumberlands open on Saturdays?

Is Community Bank Of The Cumberlands open on Sundays?

What time does Community Bank Of The Cumberlands open?

What time does Community Bank Of The Cumberlands close?

Are Community Bank Of The Cumberlands ATMs Open 24/7?

Do Community Bank Of The Cumberlands ATMs accept cash deposits?

Can Community Bank Of The Cumberlands customers use other ATMs?

Do Community Bank Of The Cumberlands branches have notaries?

Will Community Bank Of The Cumberlands notarize my document?

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

Will the Community Bank Of The Cumberlands branch print checks?

Do Community Bank Of The Cumberlands checks expire?

Does Community Bank Of The Cumberlands require US citizenship to open account?

Can Community Bank Of The Cumberlands close my account?

Does Community Bank Of The Cumberlands Report to credit bureaus?

Does Community Bank Of The Cumberlands Use Equifax?

What is Community Bank Of The Cumberlands's ACH Routing Number?

What is Community Bank Of The Cumberlands's SWIFT code?

Products

Does Community Bank Of The Cumberlands offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Bank Of The Cumberlands offer personal loans?

Compare personal loan rates here.

Does Community Bank Of The Cumberlands offer student loans?

Will Community Bank Of The Cumberlands cash a check?

Will Community Bank Of The Cumberlands redeem a savings bond?

Does Community Bank Of The Cumberlands cash savings bonds?

Will Community Bank Of The Cumberlands cash money orders?

Can Community Bank Of The Cumberlands issue a money order?

Does Community Bank Of The Cumberlands do currency exchange?

Background on The Bank

Who owns Community Bank Of The Cumberlands?

How long has Community Bank Of The Cumberlands been around?

Can Community Bank Of The Cumberlands transfer to other banks?

Does Community Bank Of The Cumberlands have quick pay?

Does Community Bank Of The Cumberlands accept rolled coins?

Will Community Bank Of The Cumberlands accept loose change?

Where is Community Bank Of The Cumberlands headquarters?

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