Concordia Bank & Trust Company

Headquarters

904 Carter Street
Vidalia, LA 71373
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.91% →
1-Year CD 0.50% 0.85% →
2-Year CD 0.65% 0.95% →
5-Year CD 1.15% 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

Concordia Bank & Trust Company is an FDIC insured institution located in Vidalia, LA. It was founded in 1903 and has approximately $0.55 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 8527
Date Established 1903
Assets $ 552.43 million
Loans $ 293.91 million
Deposits $ 462.15 million
Capital $ 68.84 million
 

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

Deposit Rates - December 2, 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
0.10% $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
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.25% $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
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.15% $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 - December 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Concordia Bank & Trust Company

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
First Internet Bank
NMLS ID: 424182
2.548% 2.500% 0.63 $1,572 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.583% 2.500% 0.88 $2,728 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Concordia Bank & Trust Company
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Branches

Concordia Bank & Trust Company 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 & Trust Company Locations


Financial Details

Concordia Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Concordia Bank & Trust Company. 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 & Trust Company U.S. Bank Average
12.56% 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 & Trust Company had $4,674,000 in non-current loans and $4,136,000 in owned real estate. To cover these potential losses it had $68,835,000 in equity and $1,325,000 in loans loss reserves. That gives it a Texas Ratio of 12.56%.

Return on Equity
Concordia Bank & Trust Company U.S. Bank Average
4.58% 7.80%

Concordia Bank & Trust Company has a Return on Equity of 4.58% 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 & Trust Company U.S. Bank Average
12.46% 12.68%

Concordia Bank & Trust Company has a Capitalization of 12.46% 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 & Trust Company Balance Sheet Analysis

As of March 31, 2020, Concordia Bank & Trust Company had assets of $552,431,000, loans of $293,910,000, and deposits of $462,145,000. 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 $ 43.78 million
Interest-bearing balances $ 34.34 million
Total securities $ 190.19 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 293.91 million
Loan loss allowance $ 1.33 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.14 million
Goodwill and other intangibles $ 1.40 million
All other assets $ 12.47 million
     Total Assets $ 483.60 million
LIABILITIES
Total deposits $ 462.15 million
      Interest-bearing deposits $ 347.40 million
      Deposits held in domestic offices $ 462.15 million
      % insured (estimated) 68.72%
Federal funds purchased and repurchase agreements $ 17.59 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 3.87 million
      Total Liabilities $ 483.60 million
      Shareholders’ Equity $ 68.84 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 5.16 million
Total Interest Expense $ 1.08 million
Net interest income $ 4.08 million
Provision for loan and lease losses $ 0.14 million
Total non interest income $ 0.79 million
Total non interest expense $ 3.57 million
Pre-tax Net Operating Income $ 1.16 million

Bank Loan Profile?

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

Compared to other banks in Louisiana, Concordia Bank & Trust Company 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 24.01
Multifamily
Mortgages
2.32
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 0.00
Construction and Development Loans 8.69
Commercial Real Estate 44.72
Commercial and Industrial Loans 8.02
Farm Loans 1.71

Frequently Asked Questions About Concordia Bank & Trust Company

Branches and Savings

Is Concordia Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #8527.

Why does Concordia Bank & Trust Company 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 & Trust Company CD rates not competitive?

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

Is Concordia Bank & Trust Company a commercial bank?

Yes

Where are Concordia Bank & Trust Company locations?

See branch locations nearby.

Is Concordia Bank & Trust Company open on Saturdays?

Is Concordia Bank & Trust Company open on Sundays?

What time does Concordia Bank & Trust Company open?

What time does Concordia Bank & Trust Company close?

Are Concordia Bank & Trust Company ATMs Open 24/7?

Do Concordia Bank & Trust Company ATMs accept cash deposits?

Can Concordia Bank & Trust Company customers use other ATMs?

Do Concordia Bank & Trust Company branches have notaries?

Will Concordia Bank & Trust Company notarize my document?

What address for Concordia Bank & Trust Company should I put for incoming ACH transfers?

Will the Concordia Bank & Trust Company branch print checks?

Do Concordia Bank & Trust Company checks expire?

Does Concordia Bank & Trust Company require US citizenship to open account?

Can Concordia Bank & Trust Company close my account?

Does Concordia Bank & Trust Company Report to credit bureaus?

Does Concordia Bank & Trust Company Use Equifax?

What is Concordia Bank & Trust Company's ACH Routing Number?

What is Concordia Bank & Trust Company's SWIFT code?

Products

Does Concordia Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Concordia Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Concordia Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Concordia Bank & Trust Company offer student loans?

Will Concordia Bank & Trust Company cash a check?

Will Concordia Bank & Trust Company redeem a savings bond?

Does Concordia Bank & Trust Company cash savings bonds?

Will Concordia Bank & Trust Company cash money orders?

Can Concordia Bank & Trust Company issue a money order?

Does Concordia Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Concordia Bank & Trust Company?

How long has Concordia Bank & Trust Company been around?

Can Concordia Bank & Trust Company transfer to other banks?

Does Concordia Bank & Trust Company have quick pay?

Does Concordia Bank & Trust Company accept rolled coins?

Will Concordia Bank & Trust Company accept loose change?

Where is Concordia Bank & Trust Company headquarters?

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