Cortez Community Bank


1000 South Broad Street
Brooksville, FL 34601
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Cortez Community Bank is an FDIC insured institution located in Brooksville, FL. It was founded in 2004 and has approximately $0.07 billion in assets.

Cortez Community Bank, Florida, was closed April 29, 2011 by the Office of the Comptroller of the Currency, which appointed the FDIC as receiver and assets transferred to Premier American Bank.

FDIC Insured Yes
FDIC Certificate # 57625
Date Established 2004
Assets $ 66.28 million
Loans $ 37.11 million
Deposits $ 65.44 million
Capital N.A.

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

Deposit Rates - April 14, 2021

Your Current Location: Virginia, VA 20146


Loan Rates - April 14, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Cortez Community Bank

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 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Beeline Loans, Inc.
NMLS ID: 1799947
2.809% 2.750% 0.75 $1,902 $1,021 Learn More
CityWorth Loans
NMLS ID: 925476
3.084% 3.000% 0.75 $2,690 $1,055 Learn More
NMLS ID: 2890
License#: MC-3098
2.698% 2.625% 1.00 $2,370 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Cortez Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Cortez Community 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:

Cortez Community Bank Locations

Financial Details

Cortez Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cortez Community Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Cortez Community Bank U.S. Bank Average
-36931.91% 5.49%

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 December 31, 2020, Cortez Community Bank had $13,204,000 in non-current loans and $4,154,000 in owned real estate. To cover these potential losses it had $-6,373,000 in equity and $6,326,000 in loans loss reserves. That gives it a Texas Ratio of -36931.91%.

Return on Equity
Cortez Community Bank U.S. Bank Average
30.47% 9.24%

Cortez Community Bank has a Return on Equity of 30.47% versus the BestCashCow average of 9.24%. 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.

Cortez Community Bank U.S. Bank Average
-9.61% 11.96%

Cortez Community Bank has a Capitalization of -9.61% versus the BestCashCow average of 11.96. 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.

Cortez Community Bank Balance Sheet Analysis

As of March 31, 2011, Cortez Community Bank had assets of $66,282,000, loans of $37,113,000, and deposits of $65,439,000. 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

December 31, 2020
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 37.11 million
Loan loss allowance $ 6.33 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.15 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
Total deposits $ 65.44 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 66.28 million

Summary Income Statement

December 31, 2020
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Cortez Community Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Cortez Community 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Cortez Community Bank

Branches and Savings

Is Cortez Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57625.

Why does Cortez Community Bank pay such low interest on savings accounts?

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

Why are Cortez Community Bank CD rates not competitive?

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

Is Cortez Community Bank a commercial bank?


Where are Cortez Community Bank locations?

See branch locations nearby.

Is Cortez Community Bank open on Saturdays?

Is Cortez Community Bank open on Sundays?

What time does Cortez Community Bank open?

What time does Cortez Community Bank close?

Are Cortez Community Bank ATMs Open 24/7?

Do Cortez Community Bank ATMs accept cash deposits?

Can Cortez Community Bank customers use other ATMs?

Do Cortez Community Bank branches have notaries?

Will Cortez Community Bank notarize my document?

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

Will the Cortez Community Bank branch print checks?

Do Cortez Community Bank checks expire?

Does Cortez Community Bank require US citizenship to open account?

Can Cortez Community Bank close my account?

Does Cortez Community Bank Report to credit bureaus?

Does Cortez Community Bank Use Equifax?

What is Cortez Community Bank's ACH Routing Number?

What is Cortez Community Bank's SWIFT code?


Does Cortez Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Cortez Community Bank offer personal loans?

Compare personal loan rates here.

Does Cortez Community Bank offer student loans?

Will Cortez Community Bank cash a check?

Will Cortez Community Bank redeem a savings bond?

Does Cortez Community Bank cash savings bonds?

Will Cortez Community Bank cash money orders?

Can Cortez Community Bank issue a money order?

Does Cortez Community Bank do currency exchange?

Background on The Bank

Who owns Cortez Community Bank?

How long has Cortez Community Bank been around?

Can Cortez Community Bank transfer to other banks?

Does Cortez Community Bank have quick pay?

Does Cortez Community Bank accept rolled coins?

Will Cortez Community Bank accept loose change?

Where is Cortez Community Bank headquarters?

Customer Reviews for Cortez Community Bank

There are currently no comments for Cortez Community Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →