Country Bank

655 Third Avenue, 9th Floor
New York, NY 10017

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27226
Date Established 1988
Assets $0.76 billion
Loans $0.57 billion
Deposits $0.64 billion
Capital $0.08 billion

Country Bank is an FDIC insured institution located in New York, NY. It was founded in 1988 and has approximately $0.76 billion in assets. Customers can open an account at one of its 6 branches.

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

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.40% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
1.00% $1,000 - Learn MoreShow Less
12 Mo CD
2.00% $1,000 - Learn MoreShow Less
18 Mo CD
2.30% $1,000 - Learn MoreShow Less
24 Mo CD
2.35% $1,000 - Learn MoreShow Less
30 Mo CD
2.70% $1,000 - Learn MoreShow Less
36 Mo CD
2.70% $1,000 - Learn MoreShow Less
48 Mo CD
2.80% $1,000 - Learn MoreShow Less
60 Mo CD
2.90% $1,000 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.25% $2,500 - Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Country 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.522% 3.500% 0.25 $675 $1,123 Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.546% 3.500% 0.13 $1,437 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to Country Bank
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Branches

Country 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:
Ashburn,Virginia


Country Bank Locations


Financial Details

Country Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Country 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
Country Bank U.S. Bank Average
4.57% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Country Bank had $3,420,000 in non-current loans and $539,000 in owned real estate. To cover these potential losses it had $79,518,000 in equity and $7,098,000 in loans loss reserves. That gives it a Texas Ratio of 4.57%.

Return on Equity
Country Bank U.S. Bank Average
15.46% 9.47%

Country Bank has a Return on Equity of 15.46% versus the BestCashCow average of 9.47%. 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
Country Bank U.S. Bank Average
10.44% 12.49%

Country Bank has a Capitalization of 10.44% versus the BestCashCow average of 12.49. 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.

Country Bank Balance Sheet Analysis

As of March 31, 2019, Country Bank had assets of $761,594,000, loans of $566,424,000, and deposits of $635,335,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.02 billion
Total securities $0.15 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.57 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.68 billion
LIABILITIES
Total deposits $0.64 billion
      Interest-bearing deposits $0.53 billion
      Deposits held in domestic offices $0.64 billion
      % insured (estimated) 81.77%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.68 billion
      Shareholders’ Equity $0.08 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Country Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and 1-4 Family Residential Loans.

Compared to other banks in New York, Country Bank 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 21.12
Multifamily
Mortgages
23.53
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 7.54
Commercial Real Estate 46.20
Commercial and Industrial Loans 2.17
Farm Loans 0.00

Frequently Asked Questions About Country Bank

Branches and Savings

Is Country Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27226.

Why does Country Bank pay such low interest on savings accounts?

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

Why are Country Bank CD rates not competitive?

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

Is Country Bank a commercial bank?

Yes

Where are Country Bank locations?

See branch locations nearby.

Is Country Bank open on Saturdays?

Is Country Bank open on Sundays?

What time does Country Bank open?

What time does Country Bank close?

Are Country Bank ATMs Open 24/7?

Do Country Bank ATMs accept cash deposits?

Can Country Bank customers use other ATMs?

Do Country Bank branches have notaries?

Will Country Bank notarize my document?

What address for Country Bank should I put for incoming ACH transfers?

Will the Country Bank branch print checks?

Do Country Bank checks expire?

Does Country Bank require US citizenship to open account?

Can Country Bank close my account?

Does Country Bank Report to credit bureaus?

Does Country Bank Use Equifax?

What is Country Bank's ACH Routing Number?

What is Country Bank's SWIFT code?

Products

Does Country Bank offer mortgages?

Compare mortgage rates here.

Does Country Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Country Bank offer personal loans?

Compare personal loan rates here.

Does Country Bank offer student loans?

Will Country Bank cash a check?

Will Country Bank redeem a savings bond?

Does Country Bank cash savings bonds?

Will Country Bank cash money orders?

Can Country Bank issue a money order?

Does Country Bank do currency exchange?

Background on The Bank

Who owns Country Bank?

How long has Country Bank been around?

Can Country Bank transfer to other banks?

Does Country Bank have quick pay?

Does Country Bank accept rolled coins?

Will Country Bank accept loose change?

Where is Country Bank headquarters?

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