Community National Bank at Bartow

Headquarters

1375 North Broadway
Bartow, FL 33831
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 National Bank at Bartow is an FDIC insured institution located in Bartow, FL. It was founded in 1984 and has approximately $0.07 billion in assets.

Community National Bank At Bartow, Bartow, Florida, was closed August 20, 2010 by the Office of the Comptroller of the Currency, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for the bank. To protect depositors, the FDIC entered into purchase and assumption agreements with CenterState Bank of Florida, National Association, Winter Haven, Florida, to assume all the deposits and essentially all the assets of the failed bank.

FDIC Insured Yes
FDIC Certificate # 25266
Date Established 1984
Assets $ 75.96 million
Loans $ 54.15 million
Deposits $ 67.83 million
Capital $ 4.03 million
 

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

Deposit Rates - December 2, 2020

Your Current Location: Connecticut, CT 06828

 

Loan Rates - December 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community National Bank at Bartow

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




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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
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Note to Community National Bank at Bartow
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Branches

Community National Bank at Bartow 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 National Bank at Bartow Locations


Financial Details

Community National Bank at Bartow Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community National Bank at Bartow. 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 National Bank at Bartow U.S. Bank Average
72.31% 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 National Bank at Bartow had $4,355,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,030,000 in equity and $1,993,000 in loans loss reserves. That gives it a Texas Ratio of 72.31%.

Return on Equity
Community National Bank at Bartow U.S. Bank Average
-67.29% 7.80%

Community National Bank at Bartow has a Return on Equity of -67.29% 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 National Bank at Bartow U.S. Bank Average
5.31% 12.68%

Community National Bank at Bartow has a Capitalization of 5.31% 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 National Bank at Bartow Balance Sheet Analysis

As of November 30, -0001, Community National Bank at Bartow had assets of $67,918,000, loans of $54,146,000, and deposits of $67,831,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 54.15 million
Loan loss allowance $ 1.99 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 67.83 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 $ 75.96 million

Summary Income Statement

March 31, 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 National Bank at Bartow’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Community National Bank at Bartow’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Community National Bank At Bartow

Branches and Savings

Is Community National Bank At Bartow FDIC insured?

Yes. It is covered under FDIC Certificate #25266.

Why does Community National Bank At Bartow pay such low interest on savings accounts?

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

Why are Community National Bank At Bartow CD rates not competitive?

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

Is Community National Bank At Bartow a commercial bank?

Yes

Where are Community National Bank At Bartow locations?

See branch locations nearby.

Is Community National Bank At Bartow open on Saturdays?

Is Community National Bank At Bartow open on Sundays?

What time does Community National Bank At Bartow open?

What time does Community National Bank At Bartow close?

Are Community National Bank At Bartow ATMs Open 24/7?

Do Community National Bank At Bartow ATMs accept cash deposits?

Can Community National Bank At Bartow customers use other ATMs?

Do Community National Bank At Bartow branches have notaries?

Will Community National Bank At Bartow notarize my document?

What address for Community National Bank At Bartow should I put for incoming ACH transfers?

Will the Community National Bank At Bartow branch print checks?

Do Community National Bank At Bartow checks expire?

Does Community National Bank At Bartow require US citizenship to open account?

Can Community National Bank At Bartow close my account?

Does Community National Bank At Bartow Report to credit bureaus?

Does Community National Bank At Bartow Use Equifax?

What is Community National Bank At Bartow's ACH Routing Number?

What is Community National Bank At Bartow's SWIFT code?

Products

Does Community National Bank At Bartow offer mortgages?

Compare mortgage rates here.

Does Community National Bank At Bartow offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community National Bank At Bartow offer personal loans?

Compare personal loan rates here.

Does Community National Bank At Bartow offer student loans?

Will Community National Bank At Bartow cash a check?

Will Community National Bank At Bartow redeem a savings bond?

Does Community National Bank At Bartow cash savings bonds?

Will Community National Bank At Bartow cash money orders?

Can Community National Bank At Bartow issue a money order?

Does Community National Bank At Bartow do currency exchange?

Background on The Bank

Who owns Community National Bank At Bartow?

How long has Community National Bank At Bartow been around?

Can Community National Bank At Bartow transfer to other banks?

Does Community National Bank At Bartow have quick pay?

Does Community National Bank At Bartow accept rolled coins?

Will Community National Bank At Bartow accept loose change?

Where is Community National Bank At Bartow headquarters?

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