Community Business Bank

Headquarters

725 Riverpoint Court
West Sacramento, CA 95605
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 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 Business Bank is an FDIC insured institution located in West Sacramento, CA. It was founded in 2005 and has approximately $0.32 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 58159
Date Established 2005
Assets $ 336.65 million
Loans $ 239.88 million
Deposits $ 249.72 million
Capital $ 33.38 million
 

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

Deposit Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - November 28, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Business Bank

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

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NMLS ID: 1168
2.687% 2.625% 0.63 $2,015 $1,005 Learn More
AimLoan.com
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License#: 13256
2.557% 2.500% 0.75 $1,880 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.243% 3.125% 1.00 $3,750 $1,071 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

Note to Community Business Bank
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Branches

Community Business Bank 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 Business Bank Locations


Financial Details

Community Business Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Business Bank. 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 Business Bank U.S. Bank Average
5.64% 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 Business Bank had $2,026,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $33,383,000 in equity and $2,530,000 in loans loss reserves. That gives it a Texas Ratio of 5.64%.

Return on Equity
Community Business Bank U.S. Bank Average
11.38% 7.80%

Community Business Bank has a Return on Equity of 11.38% 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 Business Bank U.S. Bank Average
9.92% 12.68%

Community Business Bank has a Capitalization of 9.92% 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 Business Bank Balance Sheet Analysis

As of March 31, 2018, Community Business Bank had assets of $321,358,000, loans of $239,878,000, and deposits of $249,716,000. 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 $ 3.84 million
Interest-bearing balances $ 2.63 million
Total securities $ 66.62 million
Federal funds sold and reverse repurchase $ 1.61 million
Net loans and leases $ 239.88 million
Loan loss allowance $ 2.53 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 $ 9.06 million
     Total Assets $ 287.98 million
LIABILITIES
Total deposits $ 249.72 million
      Interest-bearing deposits $ 149.12 million
      Deposits held in domestic offices $ 249.72 million
      % insured (estimated) 65.17%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 34.30 million
Subordinated debt N.A.
All other liabilities $ 3.96 million
      Total Liabilities $ 287.98 million
      Shareholders’ Equity $ 48.68 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.67 million
Total Interest Expense $ 0.44 million
Net interest income $ 3.23 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.12 million
Total non interest expense $ 1.82 million
Pre-tax Net Operating Income $ 1.47 million

Bank Loan Profile?

The top three loan types in Community Business Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in California, Community Business Bank has a significantly higher percent of Construction and Development Loans, Farm 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 3.92
Multifamily
Mortgages
8.10
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 4.58
Construction and Development Loans 13.96
Commercial Real Estate 29.63
Commercial and Industrial Loans 17.01
Farm Loans 5.25

Frequently Asked Questions About Community Business Bank

Branches and Savings

Is Community Business Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58159.

Why does Community Business Bank pay such low interest on savings accounts?

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

Why are Community Business Bank CD rates not competitive?

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

Is Community Business Bank a commercial bank?

Yes

Where are Community Business Bank locations?

See branch locations nearby.

Is Community Business Bank open on Saturdays?

Is Community Business Bank open on Sundays?

What time does Community Business Bank open?

What time does Community Business Bank close?

Are Community Business Bank ATMs Open 24/7?

Do Community Business Bank ATMs accept cash deposits?

Can Community Business Bank customers use other ATMs?

Do Community Business Bank branches have notaries?

Will Community Business Bank notarize my document?

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

Will the Community Business Bank branch print checks?

Do Community Business Bank checks expire?

Does Community Business Bank require US citizenship to open account?

Can Community Business Bank close my account?

Does Community Business Bank Report to credit bureaus?

Does Community Business Bank Use Equifax?

What is Community Business Bank's ACH Routing Number?

What is Community Business Bank's SWIFT code?

Products

Does Community Business Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Business Bank offer personal loans?

Compare personal loan rates here.

Does Community Business Bank offer student loans?

Will Community Business Bank cash a check?

Will Community Business Bank redeem a savings bond?

Does Community Business Bank cash savings bonds?

Will Community Business Bank cash money orders?

Can Community Business Bank issue a money order?

Does Community Business Bank do currency exchange?

Background on The Bank

Who owns Community Business Bank?

How long has Community Business Bank been around?

Can Community Business Bank transfer to other banks?

Does Community Business Bank have quick pay?

Does Community Business Bank accept rolled coins?

Will Community Business Bank accept loose change?

Where is Community Business Bank headquarters?

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