Community Trust Bank

Headquarters

107 S 2nd St
Irvington, IL 62848
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 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 Trust Bank is an FDIC insured institution located in Irvington, IL. It was founded in 1934 and has approximately $0.08 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 13380
Date Established 1934
Assets $ 79.72 million
Loans $ 36.00 million
Deposits $ 67.56 million
Capital $ 11.58 million
 

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

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community Trust 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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 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 Trust Bank
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Branches

Community Trust 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 Trust Bank Locations


Financial Details

Community Trust Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community Trust 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 Trust Bank U.S. Bank Average
10.75% 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 Trust Bank had $610,000 in non-current loans and $693,000 in owned real estate. To cover these potential losses it had $11,579,000 in equity and $540,000 in loans loss reserves. That gives it a Texas Ratio of 10.75%.

Return on Equity
Community Trust Bank U.S. Bank Average
4.87% 7.80%

Community Trust Bank has a Return on Equity of 4.87% 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 Trust Bank U.S. Bank Average
14.52% 12.68%

Community Trust Bank has a Capitalization of 14.52% 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 Trust Bank Balance Sheet Analysis

As of March 31, 2020, Community Trust Bank had assets of $79,719,000, loans of $36,003,000, and deposits of $67,562,000. 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 $ 12.63 million
Interest-bearing balances $ 8.29 million
Total securities $ 25.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 36.00 million
Loan loss allowance $ 0.54 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.69 million
Goodwill and other intangibles N.A.
All other assets $ 3.92 million
     Total Assets $ 68.14 million
LIABILITIES
Total deposits $ 67.56 million
      Interest-bearing deposits $ 47.13 million
      Deposits held in domestic offices $ 67.56 million
      % insured (estimated) 84.55%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.58 million
      Total Liabilities $ 68.14 million
      Shareholders’ Equity $ 11.58 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.71 million
Total Interest Expense $ 0.06 million
Net interest income $ 0.66 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.13 million
Total non interest expense $ 0.61 million
Pre-tax Net Operating Income $ 0.13 million

Bank Loan Profile?

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

Compared to other banks, Community Trust Bank’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 25.06
Multifamily
Mortgages
0.60
Credit Card Loans 0.00
Consumer Auto Loans 0.68
Small Business Loans 0.00
Construction and Development Loans 0.94
Commercial Real Estate 30.72
Commercial and Industrial Loans 11.26
Farm Loans 11.24

Frequently Asked Questions About Community Trust Bank

Branches and Savings

Is Community Trust Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13380.

Why does Community Trust 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 Trust Bank CD rates not competitive?

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

Is Community Trust Bank a commercial bank?

Yes

Where are Community Trust Bank locations?

See branch locations nearby.

Is Community Trust Bank open on Saturdays?

Is Community Trust Bank open on Sundays?

What time does Community Trust Bank open?

What time does Community Trust Bank close?

Are Community Trust Bank ATMs Open 24/7?

Do Community Trust Bank ATMs accept cash deposits?

Can Community Trust Bank customers use other ATMs?

Do Community Trust Bank branches have notaries?

Will Community Trust Bank notarize my document?

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

Will the Community Trust Bank branch print checks?

Do Community Trust Bank checks expire?

Does Community Trust Bank require US citizenship to open account?

Can Community Trust Bank close my account?

Does Community Trust Bank Report to credit bureaus?

Does Community Trust Bank Use Equifax?

What is Community Trust Bank's ACH Routing Number?

What is Community Trust Bank's SWIFT code?

Products

Does Community Trust Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Community Trust Bank offer personal loans?

Compare personal loan rates here.

Does Community Trust Bank offer student loans?

Will Community Trust Bank cash a check?

Will Community Trust Bank redeem a savings bond?

Does Community Trust Bank cash savings bonds?

Will Community Trust Bank cash money orders?

Can Community Trust Bank issue a money order?

Does Community Trust Bank do currency exchange?

Background on The Bank

Who owns Community Trust Bank?

How long has Community Trust Bank been around?

Can Community Trust Bank transfer to other banks?

Does Community Trust Bank have quick pay?

Does Community Trust Bank accept rolled coins?

Will Community Trust Bank accept loose change?

Where is Community Trust Bank headquarters?

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