Community Banking Company of Fitzgerald

Headquarters

102 West Roanoke Drive
Fitzgerald, GA 31750
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.95% →
1-Year CD 0.35% 1.01% →
2-Year CD 0.50% 0.95% →
5-Year CD 0.65% 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 Banking Company of Fitzgerald is an FDIC insured institution located in Fitzgerald, GA. It was founded in 1996 and has approximately $0.16 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 34160
Date Established 1996
Assets $ 164.16 million
Loans $ 114.00 million
Deposits $ 136.51 million
Capital $ 21.65 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.55% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.65% $10,000 $14,999 Learn More
60 Mo CD
0.65% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Banking Company of Fitzgerald

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
First Internet Bank
NMLS ID: 424182
2.565% 2.500% 0.88 $2,142 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More

Featured - Connecticut 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Community Banking Company of Fitzgerald
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Community Banking Company of Fitzgerald 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 Banking Company of Fitzgerald Locations


Financial Details

Community Banking Company of Fitzgerald Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Banking Company of Fitzgerald. 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 Banking Company of Fitzgerald U.S. Bank Average
6.52% 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 Banking Company of Fitzgerald had $1,346,000 in non-current loans and $250,000 in owned real estate. To cover these potential losses it had $21,646,000 in equity and $2,814,000 in loans loss reserves. That gives it a Texas Ratio of 6.52%.

Return on Equity
Community Banking Company of Fitzgerald U.S. Bank Average
9.07% 7.80%

Community Banking Company of Fitzgerald has a Return on Equity of 9.07% 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 Banking Company of Fitzgerald U.S. Bank Average
13.19% 12.68%

Community Banking Company of Fitzgerald has a Capitalization of 13.19% 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 Banking Company of Fitzgerald Balance Sheet Analysis

As of March 31, 2020, Community Banking Company of Fitzgerald had assets of $164,164,000, loans of $114,003,000, and deposits of $136,509,000. 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 $ 15.56 million
Interest-bearing balances $ 11.49 million
Total securities $ 17.54 million
Federal funds sold and reverse repurchase $ 8.54 million
Net loans and leases $ 114.00 million
Loan loss allowance $ 2.81 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.25 million
Goodwill and other intangibles $ 1.67 million
All other assets $ 5.24 million
     Total Assets $ 142.52 million
LIABILITIES
Total deposits $ 136.51 million
      Interest-bearing deposits $ 111.16 million
      Deposits held in domestic offices $ 136.51 million
      % insured (estimated) 80.60%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 1.01 million
      Total Liabilities $ 142.52 million
      Shareholders’ Equity $ 21.65 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.87 million
Total Interest Expense $ 0.29 million
Net interest income $ 1.58 million
Provision for loan and lease losses $ 0.18 million
Total non interest income $ 0.30 million
Total non interest expense $ 1.09 million
Pre-tax Net Operating Income $ 0.61 million

Bank Loan Profile?

The top three loan types in Community Banking Company of Fitzgerald’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Georgia, Community Banking Company of Fitzgerald has a significantly higher percent of Consumer Auto 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 36.64
Multifamily
Mortgages
0.05
Credit Card Loans 0.00
Consumer Auto Loans 7.31
Small Business Loans 0.00
Construction and Development Loans 11.50
Commercial Real Estate 20.23
Commercial and Industrial Loans 8.97
Farm Loans 0.25

Frequently Asked Questions About Community Banking Company Of Fitzgerald

Branches and Savings

Is Community Banking Company Of Fitzgerald FDIC insured?

Yes. It is covered under FDIC Certificate #34160.

Why does Community Banking Company Of Fitzgerald pay such low interest on savings accounts?

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

Why are Community Banking Company Of Fitzgerald CD rates not competitive?

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

Is Community Banking Company Of Fitzgerald a commercial bank?

Yes

Where are Community Banking Company Of Fitzgerald locations?

See branch locations nearby.

Is Community Banking Company Of Fitzgerald open on Saturdays?

Is Community Banking Company Of Fitzgerald open on Sundays?

What time does Community Banking Company Of Fitzgerald open?

What time does Community Banking Company Of Fitzgerald close?

Are Community Banking Company Of Fitzgerald ATMs Open 24/7?

Do Community Banking Company Of Fitzgerald ATMs accept cash deposits?

Can Community Banking Company Of Fitzgerald customers use other ATMs?

Do Community Banking Company Of Fitzgerald branches have notaries?

Will Community Banking Company Of Fitzgerald notarize my document?

What address for Community Banking Company Of Fitzgerald should I put for incoming ACH transfers?

Will the Community Banking Company Of Fitzgerald branch print checks?

Do Community Banking Company Of Fitzgerald checks expire?

Does Community Banking Company Of Fitzgerald require US citizenship to open account?

Can Community Banking Company Of Fitzgerald close my account?

Does Community Banking Company Of Fitzgerald Report to credit bureaus?

Does Community Banking Company Of Fitzgerald Use Equifax?

What is Community Banking Company Of Fitzgerald's ACH Routing Number?

What is Community Banking Company Of Fitzgerald's SWIFT code?

Products

Does Community Banking Company Of Fitzgerald offer mortgages?

Compare mortgage rates here.

Does Community Banking Company Of Fitzgerald offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community Banking Company Of Fitzgerald offer personal loans?

Compare personal loan rates here.

Does Community Banking Company Of Fitzgerald offer student loans?

Will Community Banking Company Of Fitzgerald cash a check?

Will Community Banking Company Of Fitzgerald redeem a savings bond?

Does Community Banking Company Of Fitzgerald cash savings bonds?

Will Community Banking Company Of Fitzgerald cash money orders?

Can Community Banking Company Of Fitzgerald issue a money order?

Does Community Banking Company Of Fitzgerald do currency exchange?

Background on The Bank

Who owns Community Banking Company Of Fitzgerald?

How long has Community Banking Company Of Fitzgerald been around?

Can Community Banking Company Of Fitzgerald transfer to other banks?

Does Community Banking Company Of Fitzgerald have quick pay?

Does Community Banking Company Of Fitzgerald accept rolled coins?

Will Community Banking Company Of Fitzgerald accept loose change?

Where is Community Banking Company Of Fitzgerald headquarters?

Customer Reviews for Community Banking Company of Fitzgerald

There are currently no comments for Community Banking Company of Fitzgerald. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →