Del Norte Bank

705 Grand Avenue
Del Norte, CO 81132

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29066
Date Established 1921
Assets $0.10 billion
Loans $0.08 billion
Deposits $0.09 billion
Capital $0.01 billion
 

Del Norte Bank is an FDIC insured institution located in Del Norte, CO. It was founded in 1921 and has approximately $0.1 billion in assets.

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

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1,000 $9,999 Learn MoreShow Less
Money Market
0.20% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
1.00% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
1.10% $25,000 - Learn MoreShow Less
1.00% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
1.10% $25,000 - Learn MoreShow Less
1.26% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
1.36% $25,000 - Learn MoreShow Less
1.26% $10,000 $24,999 Learn MoreShow Less
18 Mo CD
1.36% $25,000 - Learn MoreShow Less
1.36% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
1.46% $25,000 - Learn MoreShow Less
1.36% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
1.41% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
1.51% $25,000 - Learn MoreShow Less
1.41% $10,000 $24,999 Learn MoreShow Less
48 Mo CD
1.51% $25,000 - Learn MoreShow Less
1.41% $10,000 $24,999 Learn MoreShow Less
60 Mo CD
1.51% $25,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.05% $500 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $25 - Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Del Norte Bank

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.523% 3.500% 0.25 $732 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Del Norte Bank
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Branches

Del Norte 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:
Fairfield,Connecticut


Del Norte Bank Locations


Financial Details

Del Norte Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Del Norte 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
Del Norte Bank U.S. Bank Average
1.92% 6.77%

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 June 30, 2019, Del Norte Bank had $185,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,886,000 in equity and $769,000 in loans loss reserves. That gives it a Texas Ratio of 1.92%.

Return on Equity
Del Norte Bank U.S. Bank Average
9.38% 9.50%

Del Norte Bank has a Return on Equity of 9.38% versus the BestCashCow average of 9.50%. 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
Del Norte Bank U.S. Bank Average
8.58% 12.76%

Del Norte Bank has a Capitalization of 8.58% versus the BestCashCow average of 12.76. 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.

Del Norte Bank Balance Sheet Analysis

As of June 30, 2019, Del Norte Bank had assets of $103,615,000, loans of $80,298,000, and deposits of $93,962,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 billion
Loan loss allowance $0.00 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 $0.00 billion
     Total Assets $0.09 billion
LIABILITIES
Total deposits $0.09 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 73.65%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 Del Norte Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Del Norte 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 31.51
Multifamily
Mortgages
0.42
Credit Card Loans 0.00
Consumer Auto Loans 1.39
Small Business Loans 16.41
Construction and Development Loans 4.95
Commercial Real Estate 24.15
Commercial and Industrial Loans 7.70
Farm Loans 8.09

Frequently Asked Questions About Del Norte Bank

Branches and Savings

Is Del Norte Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29066.

Why does Del Norte Bank pay such low interest on savings accounts?

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

Why are Del Norte Bank CD rates not competitive?

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

Is Del Norte Bank a commercial bank?

Yes

Where are Del Norte Bank locations?

See branch locations nearby.

Is Del Norte Bank open on Saturdays?

Is Del Norte Bank open on Sundays?

What time does Del Norte Bank open?

What time does Del Norte Bank close?

Are Del Norte Bank ATMs Open 24/7?

Do Del Norte Bank ATMs accept cash deposits?

Can Del Norte Bank customers use other ATMs?

Do Del Norte Bank branches have notaries?

Will Del Norte Bank notarize my document?

What address for Del Norte Bank should I put for incoming ACH transfers?

Will the Del Norte Bank branch print checks?

Do Del Norte Bank checks expire?

Does Del Norte Bank require US citizenship to open account?

Can Del Norte Bank close my account?

Does Del Norte Bank Report to credit bureaus?

Does Del Norte Bank Use Equifax?

What is Del Norte Bank's ACH Routing Number?

What is Del Norte Bank's SWIFT code?

Products

Does Del Norte Bank offer mortgages?

Compare mortgage rates here.

Does Del Norte Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Del Norte Bank offer personal loans?

Compare personal loan rates here.

Does Del Norte Bank offer student loans?

Will Del Norte Bank cash a check?

Will Del Norte Bank redeem a savings bond?

Does Del Norte Bank cash savings bonds?

Will Del Norte Bank cash money orders?

Can Del Norte Bank issue a money order?

Does Del Norte Bank do currency exchange?

Background on The Bank

Who owns Del Norte Bank?

How long has Del Norte Bank been around?

Can Del Norte Bank transfer to other banks?

Does Del Norte Bank have quick pay?

Does Del Norte Bank accept rolled coins?

Will Del Norte Bank accept loose change?

Where is Del Norte Bank headquarters?

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