Concordia Bank of Concordia, Missouri

Headquarters

547 Main Street
Concordia, MO 64020
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.70% 0.95% →
2-Year CD 1.00% 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

Concordia Bank of Concordia, Missouri is an FDIC insured institution located in Concordia, MO. It was founded in 1932 and has approximately $0.08 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 13788
Date Established 1932
Assets $ 76.34 million
Loans $ 55.05 million
Deposits $ 67.47 million
Capital $ 8.36 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $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
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.40% $10,000 $14,999 Learn More
36 Mo CD
1.40% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Free Kasasa Cash 2.02% $0 $0.00 Learn MoreShow Less

Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Concordia Bank of Concordia, Missouri

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 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Concordia Bank of Concordia, Missouri
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Concordia Bank of Concordia, Missouri 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


Concordia Bank of Concordia, Missouri Locations


Financial Details

Concordia Bank of Concordia, Missouri Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Concordia Bank of Concordia, Missouri. 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
Concordia Bank of Concordia, Missouri U.S. Bank Average
11.21% 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, Concordia Bank of Concordia, Missouri had $724,000 in non-current loans and $260,000 in owned real estate. To cover these potential losses it had $8,360,000 in equity and $415,000 in loans loss reserves. That gives it a Texas Ratio of 11.21%.

Return on Equity
Concordia Bank of Concordia, Missouri U.S. Bank Average
8.14% 7.80%

Concordia Bank of Concordia, Missouri has a Return on Equity of 8.14% 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
Concordia Bank of Concordia, Missouri U.S. Bank Average
10.95% 12.68%

Concordia Bank of Concordia, Missouri has a Capitalization of 10.95% 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.

Concordia Bank of Concordia, Missouri Balance Sheet Analysis

As of March 31, 2020, Concordia Bank of Concordia, Missouri had assets of $76,340,000, loans of $55,046,000, and deposits of $67,468,000. 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 $ 10.07 million
Interest-bearing balances $ 5.82 million
Total securities $ 4.07 million
Federal funds sold and reverse repurchase $ 2.45 million
Net loans and leases $ 55.05 million
Loan loss allowance $ 0.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.26 million
Goodwill and other intangibles $ 0.11 million
All other assets $ 0.63 million
     Total Assets $ 67.98 million
LIABILITIES
Total deposits $ 67.47 million
      Interest-bearing deposits $ 54.22 million
      Deposits held in domestic offices $ 67.47 million
      % insured (estimated) 89.39%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.51 million
      Total Liabilities $ 67.98 million
      Shareholders’ Equity $ 8.36 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.84 million
Total Interest Expense $ 0.09 million
Net interest income $ 0.75 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.11 million
Total non interest expense $ 0.61 million
Pre-tax Net Operating Income $ 0.19 million

Bank Loan Profile?

The top three loan types in Concordia Bank of Concordia, Missouri’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Missouri, Concordia Bank of Concordia, Missouri has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

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 29.49
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.19
Small Business Loans 0.00
Construction and Development Loans 7.92
Commercial Real Estate 44.17
Commercial and Industrial Loans 5.25
Farm Loans 4.44

Frequently Asked Questions About Concordia Bank Of Concordia, Missouri

Branches and Savings

Is Concordia Bank Of Concordia, Missouri FDIC insured?

Yes. It is covered under FDIC Certificate #13788.

Why does Concordia Bank Of Concordia, Missouri pay such low interest on savings accounts?

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

Why are Concordia Bank Of Concordia, Missouri CD rates not competitive?

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

Is Concordia Bank Of Concordia, Missouri a commercial bank?

Yes

Where are Concordia Bank Of Concordia, Missouri locations?

See branch locations nearby.

Is Concordia Bank Of Concordia, Missouri open on Saturdays?

Is Concordia Bank Of Concordia, Missouri open on Sundays?

What time does Concordia Bank Of Concordia, Missouri open?

What time does Concordia Bank Of Concordia, Missouri close?

Are Concordia Bank Of Concordia, Missouri ATMs Open 24/7?

Do Concordia Bank Of Concordia, Missouri ATMs accept cash deposits?

Can Concordia Bank Of Concordia, Missouri customers use other ATMs?

Do Concordia Bank Of Concordia, Missouri branches have notaries?

Will Concordia Bank Of Concordia, Missouri notarize my document?

What address for Concordia Bank Of Concordia, Missouri should I put for incoming ACH transfers?

Will the Concordia Bank Of Concordia, Missouri branch print checks?

Do Concordia Bank Of Concordia, Missouri checks expire?

Does Concordia Bank Of Concordia, Missouri require US citizenship to open account?

Can Concordia Bank Of Concordia, Missouri close my account?

Does Concordia Bank Of Concordia, Missouri Report to credit bureaus?

Does Concordia Bank Of Concordia, Missouri Use Equifax?

What is Concordia Bank Of Concordia, Missouri's ACH Routing Number?

What is Concordia Bank Of Concordia, Missouri's SWIFT code?

Products

Does Concordia Bank Of Concordia, Missouri offer mortgages?

Compare mortgage rates here.

Does Concordia Bank Of Concordia, Missouri offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Concordia Bank Of Concordia, Missouri offer personal loans?

Compare personal loan rates here.

Does Concordia Bank Of Concordia, Missouri offer student loans?

Will Concordia Bank Of Concordia, Missouri cash a check?

Will Concordia Bank Of Concordia, Missouri redeem a savings bond?

Does Concordia Bank Of Concordia, Missouri cash savings bonds?

Will Concordia Bank Of Concordia, Missouri cash money orders?

Can Concordia Bank Of Concordia, Missouri issue a money order?

Does Concordia Bank Of Concordia, Missouri do currency exchange?

Background on The Bank

Who owns Concordia Bank Of Concordia, Missouri?

How long has Concordia Bank Of Concordia, Missouri been around?

Can Concordia Bank Of Concordia, Missouri transfer to other banks?

Does Concordia Bank Of Concordia, Missouri have quick pay?

Does Concordia Bank Of Concordia, Missouri accept rolled coins?

Will Concordia Bank Of Concordia, Missouri accept loose change?

Where is Concordia Bank Of Concordia, Missouri headquarters?

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