Community National Bank of Okarche

Headquarters

653 Us Hwy 81
Okarche, OK 73762
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.05% →
1-Year CD 0.55% 0.95% →
2-Year CD 0.60% 1.05% →
5-Year CD 0.70% 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 National Bank of Okarche is an FDIC insured institution located in Okarche, OK. It was founded in 1984 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 25161
Date Established 1984
Assets $ 116.94 million
Loans $ 51.03 million
Deposits $ 100.20 million
Capital $ 16.59 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.70% $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 - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community National Bank of Okarche

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 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
2.990 %
$0 Learn More
More Info

Note to Community National Bank of Okarche
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Community National Bank of Okarche 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 of Okarche Locations


Financial Details

Community National Bank of Okarche Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community National Bank of Okarche. 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 of Okarche U.S. Bank Average
0.28% 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 of Okarche had $48,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,585,000 in equity and $724,000 in loans loss reserves. That gives it a Texas Ratio of 0.28%.

Return on Equity
Community National Bank of Okarche U.S. Bank Average
13.35% 7.80%

Community National Bank of Okarche has a Return on Equity of 13.35% 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 of Okarche U.S. Bank Average
14.18% 12.68%

Community National Bank of Okarche has a Capitalization of 14.18% 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 of Okarche Balance Sheet Analysis

As of March 31, 2020, Community National Bank of Okarche had assets of $116,936,000, loans of $51,032,000, and deposits of $100,202,000. 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 $ 4.09 million
Interest-bearing balances $ 2.99 million
Total securities $ 59.38 million
Federal funds sold and reverse repurchase $ 0.65 million
Net loans and leases $ 51.03 million
Loan loss allowance $ 0.72 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 $ 1.36 million
     Total Assets $ 100.35 million
LIABILITIES
Total deposits $ 100.20 million
      Interest-bearing deposits $ 78.86 million
      Deposits held in domestic offices $ 100.20 million
      % insured (estimated) 65.32%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.15 million
      Total Liabilities $ 100.35 million
      Shareholders’ Equity $ 16.59 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.09 million
Total Interest Expense $ 0.17 million
Net interest income $ 0.92 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.10 million
Total non interest expense $ 0.44 million
Pre-tax Net Operating Income $ 0.55 million

Bank Loan Profile?

The top three loan types in Community National Bank of Okarche’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and 1-4 Family Residential Loans.

Compared to other banks, Community National Bank of Okarche’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 12.81
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.32
Small Business Loans 0.00
Construction and Development Loans 3.97
Commercial Real Estate 7.70
Commercial and Industrial Loans 18.78
Farm Loans 18.21

Frequently Asked Questions About Community National Bank Of Okarche

Branches and Savings

Is Community National Bank Of Okarche FDIC insured?

Yes. It is covered under FDIC Certificate #25161.

Why does Community National Bank Of Okarche 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 Of Okarche CD rates not competitive?

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

Is Community National Bank Of Okarche a commercial bank?

Yes

Where are Community National Bank Of Okarche locations?

See branch locations nearby.

Is Community National Bank Of Okarche open on Saturdays?

Is Community National Bank Of Okarche open on Sundays?

What time does Community National Bank Of Okarche open?

What time does Community National Bank Of Okarche close?

Are Community National Bank Of Okarche ATMs Open 24/7?

Do Community National Bank Of Okarche ATMs accept cash deposits?

Can Community National Bank Of Okarche customers use other ATMs?

Do Community National Bank Of Okarche branches have notaries?

Will Community National Bank Of Okarche notarize my document?

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

Will the Community National Bank Of Okarche branch print checks?

Do Community National Bank Of Okarche checks expire?

Does Community National Bank Of Okarche require US citizenship to open account?

Can Community National Bank Of Okarche close my account?

Does Community National Bank Of Okarche Report to credit bureaus?

Does Community National Bank Of Okarche Use Equifax?

What is Community National Bank Of Okarche's ACH Routing Number?

What is Community National Bank Of Okarche's SWIFT code?

Products

Does Community National Bank Of Okarche offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community National Bank Of Okarche offer personal loans?

Compare personal loan rates here.

Does Community National Bank Of Okarche offer student loans?

Will Community National Bank Of Okarche cash a check?

Will Community National Bank Of Okarche redeem a savings bond?

Does Community National Bank Of Okarche cash savings bonds?

Will Community National Bank Of Okarche cash money orders?

Can Community National Bank Of Okarche issue a money order?

Does Community National Bank Of Okarche do currency exchange?

Background on The Bank

Who owns Community National Bank Of Okarche?

How long has Community National Bank Of Okarche been around?

Can Community National Bank Of Okarche transfer to other banks?

Does Community National Bank Of Okarche have quick pay?

Does Community National Bank Of Okarche accept rolled coins?

Will Community National Bank Of Okarche accept loose change?

Where is Community National Bank Of Okarche headquarters?

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