Community State Bank of Southwestern Indiana

Headquarters

220 South Lockwood Street
Poseyville, IN 47633
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.06% 1.05% →
1-Year CD 0.40% 0.95% →
2-Year CD 0.60% 1.05% →
5-Year CD 0.90% 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 State Bank of Southwestern Indiana is an FDIC insured institution located in Poseyville, IN. It was founded in 1925 and has approximately $0.09 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 8058
Date Established 1925
Assets $ 89.64 million
Loans $ 59.70 million
Deposits $ 79.63 million
Capital $ 8.55 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.06% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.08% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $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
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $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
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
0.85% $10,000 $14,999 Learn More
48 Mo CD
0.85% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

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

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia 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 State Bank of Southwestern Indiana
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Community State Bank of Southwestern Indiana 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:
Ashburn,Virginia


Community State Bank of Southwestern Indiana Locations


Financial Details

Community State Bank of Southwestern Indiana Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community State Bank of Southwestern Indiana. 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 Southwestern Indiana U.S. Bank Average
0.16% 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 Southwestern Indiana had $0 in non-current loans and $15,000 in owned real estate. To cover these potential losses it had $8,547,000 in equity and $750,000 in loans loss reserves. That gives it a Texas Ratio of 0.16%.

Return on Equity
Community State Bank of Southwestern Indiana U.S. Bank Average
8.78% 7.80%

Community State Bank of Southwestern Indiana has a Return on Equity of 8.78% 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 Southwestern Indiana U.S. Bank Average
9.54% 12.68%

Community State Bank of Southwestern Indiana has a Capitalization of 9.54% 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 Southwestern Indiana Balance Sheet Analysis

As of March 31, 2020, Community State Bank of Southwestern Indiana had assets of $89,637,000, loans of $59,697,000, and deposits of $79,625,000. 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 $ 24.96 million
Interest-bearing balances $ 22.86 million
Total securities $ 2.06 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 59.70 million
Loan loss allowance $ 0.75 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles $ 0.16 million
All other assets $ 2.05 million
     Total Assets $ 81.09 million
LIABILITIES
Total deposits $ 79.63 million
      Interest-bearing deposits $ 60.65 million
      Deposits held in domestic offices $ 79.63 million
      % insured (estimated) 85.96%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.46 million
      Total Liabilities $ 81.09 million
      Shareholders’ Equity $ 8.55 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.87 million
Total Interest Expense $ 0.13 million
Net interest income $ 0.75 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.10 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income $ 0.19 million

Bank Loan Profile?

The top three loan types in Community State Bank of Southwestern Indiana’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, Community State Bank of Southwestern Indiana’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 53.07
Multifamily
Mortgages
1.50
Credit Card Loans 0.00
Consumer Auto Loans 2.12
Small Business Loans 0.00
Construction and Development Loans 6.73
Commercial Real Estate 8.05
Commercial and Industrial Loans 17.12
Farm Loans 2.83

Frequently Asked Questions About Community State Bank Of Southwestern Indiana

Branches and Savings

Is Community State Bank Of Southwestern Indiana FDIC insured?

Yes. It is covered under FDIC Certificate #8058.

Why does Community State Bank Of Southwestern Indiana 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 Southwestern Indiana CD rates not competitive?

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

Is Community State Bank Of Southwestern Indiana a commercial bank?

Yes

Where are Community State Bank Of Southwestern Indiana locations?

See branch locations nearby.

Is Community State Bank Of Southwestern Indiana open on Saturdays?

Is Community State Bank Of Southwestern Indiana open on Sundays?

What time does Community State Bank Of Southwestern Indiana open?

What time does Community State Bank Of Southwestern Indiana close?

Are Community State Bank Of Southwestern Indiana ATMs Open 24/7?

Do Community State Bank Of Southwestern Indiana ATMs accept cash deposits?

Can Community State Bank Of Southwestern Indiana customers use other ATMs?

Do Community State Bank Of Southwestern Indiana branches have notaries?

Will Community State Bank Of Southwestern Indiana notarize my document?

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

Will the Community State Bank Of Southwestern Indiana branch print checks?

Do Community State Bank Of Southwestern Indiana checks expire?

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

Can Community State Bank Of Southwestern Indiana close my account?

Does Community State Bank Of Southwestern Indiana Report to credit bureaus?

Does Community State Bank Of Southwestern Indiana Use Equifax?

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

What is Community State Bank Of Southwestern Indiana's SWIFT code?

Products

Does Community State Bank Of Southwestern Indiana offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community State Bank Of Southwestern Indiana offer personal loans?

Compare personal loan rates here.

Does Community State Bank Of Southwestern Indiana offer student loans?

Will Community State Bank Of Southwestern Indiana cash a check?

Will Community State Bank Of Southwestern Indiana redeem a savings bond?

Does Community State Bank Of Southwestern Indiana cash savings bonds?

Will Community State Bank Of Southwestern Indiana cash money orders?

Can Community State Bank Of Southwestern Indiana issue a money order?

Does Community State Bank Of Southwestern Indiana do currency exchange?

Background on The Bank

Who owns Community State Bank Of Southwestern Indiana?

How long has Community State Bank Of Southwestern Indiana been around?

Can Community State Bank Of Southwestern Indiana transfer to other banks?

Does Community State Bank Of Southwestern Indiana have quick pay?

Does Community State Bank Of Southwestern Indiana accept rolled coins?

Will Community State Bank Of Southwestern Indiana accept loose change?

Where is Community State Bank Of Southwestern Indiana headquarters?

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