Community State Bank of Canton

Headquarters

101 W Main St
Canton, OK 73724
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 0.50% 0.85% →
2-Year CD 0.70% 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 State Bank of Canton is an FDIC insured institution located in Canton, OK. It was founded in 1985 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 26416
Date Established 1985
Assets $ 54.39 million
Loans $ 37.11 million
Deposits $ 47.55 million
Capital $ 5.76 million
 

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

Deposit Rates - December 1, 2020

Your Current Location: Washington, WA 98109

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
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $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
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - December 1, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Community State Bank of Canton

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Hart West Financial Inc.
NMLS ID: 116830
2.302% 2.250% 0.75 $1,745 $956 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.554% 2.500% 0.75 $1,775 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Community State Bank of Canton
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Branches

Community State Bank of Canton 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:
Seattle,Washington


Community State Bank of Canton Locations


Financial Details

Community State Bank of Canton Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community State Bank of Canton. 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 State Bank of Canton U.S. Bank Average
6.03% 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 State Bank of Canton had $127,000 in non-current loans and $247,000 in owned real estate. To cover these potential losses it had $5,762,000 in equity and $436,000 in loans loss reserves. That gives it a Texas Ratio of 6.03%.

Return on Equity
Community State Bank of Canton U.S. Bank Average
7.47% 7.80%

Community State Bank of Canton has a Return on Equity of 7.47% 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 State Bank of Canton U.S. Bank Average
10.59% 12.68%

Community State Bank of Canton has a Capitalization of 10.59% 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 State Bank of Canton Balance Sheet Analysis

As of March 31, 2020, Community State Bank of Canton had assets of $54,394,000, loans of $37,111,000, and deposits of $47,546,000. 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 $ 2.03 million
Interest-bearing balances $ 0.01 million
Total securities $ 12.45 million
Federal funds sold and reverse repurchase $ 0.62 million
Net loans and leases $ 37.11 million
Loan loss allowance $ 0.44 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.25 million
Goodwill and other intangibles N.A.
All other assets $ 1.55 million
     Total Assets $ 48.63 million
LIABILITIES
Total deposits $ 47.55 million
      Interest-bearing deposits $ 39.35 million
      Deposits held in domestic offices $ 47.55 million
      % insured (estimated) 78.82%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.00 million
Subordinated debt N.A.
All other liabilities $ 0.09 million
      Total Liabilities $ 48.63 million
      Shareholders’ Equity $ 5.76 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.65 million
Total Interest Expense $ 0.07 million
Net interest income $ 0.58 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.09 million
Total non interest expense $ 0.48 million
Pre-tax Net Operating Income $ 0.15 million

Bank Loan Profile?

The top three loan types in Community State Bank of Canton’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks, Community State Bank of Canton’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 7.33
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.17
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 11.73
Commercial and Industrial Loans 16.46
Farm Loans 14.23

Frequently Asked Questions About Community State Bank Of Canton

Branches and Savings

Is Community State Bank Of Canton FDIC insured?

Yes. It is covered under FDIC Certificate #26416.

Why does Community State Bank Of Canton pay such low interest on savings accounts?

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

Why are Community State Bank Of Canton CD rates not competitive?

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

Is Community State Bank Of Canton a commercial bank?

Yes

Where are Community State Bank Of Canton locations?

See branch locations nearby.

Is Community State Bank Of Canton open on Saturdays?

Is Community State Bank Of Canton open on Sundays?

What time does Community State Bank Of Canton open?

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Are Community State Bank Of Canton ATMs Open 24/7?

Do Community State Bank Of Canton ATMs accept cash deposits?

Can Community State Bank Of Canton customers use other ATMs?

Do Community State Bank Of Canton branches have notaries?

Will Community State Bank Of Canton notarize my document?

What address for Community State Bank Of Canton should I put for incoming ACH transfers?

Will the Community State Bank Of Canton branch print checks?

Do Community State Bank Of Canton checks expire?

Does Community State Bank Of Canton require US citizenship to open account?

Can Community State Bank Of Canton close my account?

Does Community State Bank Of Canton Report to credit bureaus?

Does Community State Bank Of Canton Use Equifax?

What is Community State Bank Of Canton's ACH Routing Number?

What is Community State Bank Of Canton's SWIFT code?

Products

Does Community State Bank Of Canton offer mortgages?

Compare mortgage rates here.

Does Community State Bank Of Canton offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community State Bank Of Canton offer personal loans?

Compare personal loan rates here.

Does Community State Bank Of Canton offer student loans?

Will Community State Bank Of Canton cash a check?

Will Community State Bank Of Canton redeem a savings bond?

Does Community State Bank Of Canton cash savings bonds?

Will Community State Bank Of Canton cash money orders?

Can Community State Bank Of Canton issue a money order?

Does Community State Bank Of Canton do currency exchange?

Background on The Bank

Who owns Community State Bank Of Canton?

How long has Community State Bank Of Canton been around?

Can Community State Bank Of Canton transfer to other banks?

Does Community State Bank Of Canton have quick pay?

Does Community State Bank Of Canton accept rolled coins?

Will Community State Bank Of Canton accept loose change?

Where is Community State Bank Of Canton headquarters?

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