Crescent Bank and Trust Company

Headquarters

120 Appalachian Parkway
Jasper, GA 30143
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

Crescent Bank and Trust Company is an FDIC insured institution located in Jasper, GA. It was founded in 1989 and has approximately $0.97 billion in assets.

Crescent Bank and Trust Company, Jasper, Georgia, was closed July 23, 2010 by the Georgia Department of Banking & Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Renasant Bank, Tupelo, Mississippi, to assume all of the deposits of Crescent Bank and Trust Company.

FDIC Insured Yes
FDIC Certificate # 27559
Date Established 1989
Assets $ 995.66 million
Loans $ 704.96 million
Deposits $ 933.05 million
Capital $ 29.39 million
 

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

Deposit Rates - September 20, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Crescent Bank and 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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 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 Crescent Bank and Trust Company
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Branches

Crescent Bank and 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


Crescent Bank and Trust Company Locations


Financial Details

Crescent Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Crescent Bank and 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
Crescent Bank and Trust Company U.S. Bank Average
142.78% 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, Crescent Bank and Trust Company had $79,963,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $29,389,000 in equity and $26,614,000 in loans loss reserves. That gives it a Texas Ratio of 142.78%.

Return on Equity
Crescent Bank and Trust Company U.S. Bank Average
-66.34% 7.80%

Crescent Bank and Trust Company has a Return on Equity of -66.34% 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
Crescent Bank and Trust Company U.S. Bank Average
2.95% 12.68%

Crescent Bank and Trust Company has a Capitalization of 2.95% 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.

Crescent Bank and Trust Company Balance Sheet Analysis

As of November 30, -0001, Crescent Bank and Trust Company had assets of $970,235,000, loans of $704,958,000, and deposits of $933,054,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 704.96 million
Loan loss allowance $ 26.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 933.05 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 $ 995.66 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
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 Crescent Bank and Trust Company’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Crescent Bank and Trust Company’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 0.00
Multifamily
Mortgages
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 Crescent Bank And Trust Company

Branches and Savings

Is Crescent Bank And Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #27559.

Why does Crescent Bank And 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 Crescent Bank And Trust Company CD rates not competitive?

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

Is Crescent Bank And Trust Company a commercial bank?

Yes

Where are Crescent Bank And Trust Company locations?

See branch locations nearby.

Is Crescent Bank And Trust Company open on Saturdays?

Is Crescent Bank And Trust Company open on Sundays?

What time does Crescent Bank And Trust Company open?

What time does Crescent Bank And Trust Company close?

Are Crescent Bank And Trust Company ATMs Open 24/7?

Do Crescent Bank And Trust Company ATMs accept cash deposits?

Can Crescent Bank And Trust Company customers use other ATMs?

Do Crescent Bank And Trust Company branches have notaries?

Will Crescent Bank And Trust Company notarize my document?

What address for Crescent Bank And Trust Company should I put for incoming ACH transfers?

Will the Crescent Bank And Trust Company branch print checks?

Do Crescent Bank And Trust Company checks expire?

Does Crescent Bank And Trust Company require US citizenship to open account?

Can Crescent Bank And Trust Company close my account?

Does Crescent Bank And Trust Company Report to credit bureaus?

Does Crescent Bank And Trust Company Use Equifax?

What is Crescent Bank And Trust Company's ACH Routing Number?

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Products

Does Crescent Bank And Trust Company offer mortgages?

Compare mortgage rates here.

Does Crescent Bank And Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Crescent Bank And Trust Company offer personal loans?

Compare personal loan rates here.

Does Crescent Bank And Trust Company offer student loans?

Will Crescent Bank And Trust Company cash a check?

Will Crescent Bank And Trust Company redeem a savings bond?

Does Crescent Bank And Trust Company cash savings bonds?

Will Crescent Bank And Trust Company cash money orders?

Can Crescent Bank And Trust Company issue a money order?

Does Crescent Bank And Trust Company do currency exchange?

Background on The Bank

Who owns Crescent Bank And Trust Company?

How long has Crescent Bank And Trust Company been around?

Can Crescent Bank And Trust Company transfer to other banks?

Does Crescent Bank And Trust Company have quick pay?

Does Crescent Bank And Trust Company accept rolled coins?

Will Crescent Bank And Trust Company accept loose change?

Where is Crescent Bank And Trust Company headquarters?

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