Decatur First Bank

Headquarters

1120 Commerce Drive
Decatur, GA 30030
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 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

Decatur First Bank is an FDIC insured institution located in Decatur, GA. It was founded in 1997 and has approximately $0.18 billion in assets.

Closed by FDIC on October 21, 2011 and assets transferred to Fidelity Bank.

FDIC Insured Yes
FDIC Certificate # 34392
Date Established 1997
Assets $ 184.75 million
Loans $ 92.74 million
Deposits $ 172.04 million
Capital $ 1.61 million
 

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

Deposit Rates - December 1, 2020

Your Current Location: Washington, WA 98109

 

Loan Rates - December 1, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Decatur First Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Hart West Financial Inc.
NMLS ID: 116830
2.302% 2.250% 0.75 $1,745 $956 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Decatur First Bank
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Branches

Decatur First 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:
Seattle,Washington


Decatur First Bank Locations


Financial Details

Decatur First Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Decatur First 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
Decatur First Bank U.S. Bank Average
472.04% 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, Decatur First Bank had $7,331,000 in non-current loans and $14,685,000 in owned real estate. To cover these potential losses it had $1,613,000 in equity and $3,051,000 in loans loss reserves. That gives it a Texas Ratio of 472.04%.

Return on Equity
Decatur First Bank U.S. Bank Average
-239% 7.80%

Decatur First Bank has a Return on Equity of -239% 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
Decatur First Bank U.S. Bank Average
0.87% 12.68%

Decatur First Bank has a Capitalization of 0.87% 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.

Decatur First Bank Balance Sheet Analysis

As of September 30, 2011, Decatur First Bank had assets of $184,750,000, loans of $92,738,000, and deposits of $172,042,000. 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 $ 92.74 million
Loan loss allowance $ 3.05 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 14.69 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 172.04 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 $ 184.75 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 Decatur First Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Decatur First 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.

%
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 Decatur First Bank

Branches and Savings

Is Decatur First Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34392.

Why does Decatur First Bank pay such low interest on savings accounts?

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

Why are Decatur First Bank CD rates not competitive?

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

Is Decatur First Bank a commercial bank?

Yes

Where are Decatur First Bank locations?

See branch locations nearby.

Is Decatur First Bank open on Saturdays?

Is Decatur First Bank open on Sundays?

What time does Decatur First Bank open?

What time does Decatur First Bank close?

Are Decatur First Bank ATMs Open 24/7?

Do Decatur First Bank ATMs accept cash deposits?

Can Decatur First Bank customers use other ATMs?

Do Decatur First Bank branches have notaries?

Will Decatur First Bank notarize my document?

What address for Decatur First Bank should I put for incoming ACH transfers?

Will the Decatur First Bank branch print checks?

Do Decatur First Bank checks expire?

Does Decatur First Bank require US citizenship to open account?

Can Decatur First Bank close my account?

Does Decatur First Bank Report to credit bureaus?

Does Decatur First Bank Use Equifax?

What is Decatur First Bank's ACH Routing Number?

What is Decatur First Bank's SWIFT code?

Products

Does Decatur First Bank offer mortgages?

Compare mortgage rates here.

Does Decatur First Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Decatur First Bank offer personal loans?

Compare personal loan rates here.

Does Decatur First Bank offer student loans?

Will Decatur First Bank cash a check?

Will Decatur First Bank redeem a savings bond?

Does Decatur First Bank cash savings bonds?

Will Decatur First Bank cash money orders?

Can Decatur First Bank issue a money order?

Does Decatur First Bank do currency exchange?

Background on The Bank

Who owns Decatur First Bank?

How long has Decatur First Bank been around?

Can Decatur First Bank transfer to other banks?

Does Decatur First Bank have quick pay?

Does Decatur First Bank accept rolled coins?

Will Decatur First Bank accept loose change?

Where is Decatur First Bank headquarters?

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