Douglas National Bank

Headquarters

211 East Ward Street
Douglas, GA 31533
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 0.70% →
1-Year CD 0.40% 0.75% →
2-Year CD 0.50% 0.81% →
5-Year CD 0.60% 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

Douglas National Bank is an FDIC insured institution located in Douglas, GA. It was founded in 2001 and has approximately $0.22 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57230
Date Established 2001
Assets $ 218.34 million
Loans $ 162.35 million
Deposits $ 191.98 million
Capital $ 24.42 million
 

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

Deposit Rates - January 20, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.55% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.60% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - January 20, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Douglas National 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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.480% 2.375% 1.00 $3,500 $972 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.561% 2.500% 0.75 $2,005 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Douglas National Bank
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Branches

Douglas National 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


Douglas National Bank Locations


Financial Details

Douglas National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Douglas National 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
Douglas National Bank U.S. Bank Average
7.5% 6.14%

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 September 30, 2020, Douglas National Bank had $1,984,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $24,422,000 in equity and $2,025,000 in loans loss reserves. That gives it a Texas Ratio of 7.5%.

Return on Equity
Douglas National Bank U.S. Bank Average
23.16% 9.23%

Douglas National Bank has a Return on Equity of 23.16% versus the BestCashCow average of 9.23%. 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
Douglas National Bank U.S. Bank Average
11.19% 12.07%

Douglas National Bank has a Capitalization of 11.19% versus the BestCashCow average of 12.07. 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.

Douglas National Bank Balance Sheet Analysis

As of September 30, 2020, Douglas National Bank had assets of $218,343,000, loans of $162,346,000, and deposits of $191,977,000. 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

September 30, 2020
ASSETS
Cash & Balances due from depository institutions $ 17.50 million
Interest-bearing balances $ 3.33 million
Total securities $ 7.11 million
Federal funds sold and reverse repurchase $ 22.33 million
Net loans and leases $ 162.35 million
Loan loss allowance $ 2.03 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 $ 7.24 million
     Total Assets $ 193.92 million
LIABILITIES
Total deposits $ 191.98 million
      Interest-bearing deposits $ 129.92 million
      Deposits held in domestic offices $ 191.98 million
      % insured (estimated) 72.57%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.50 million
Subordinated debt N.A.
All other liabilities $ 0.44 million
      Total Liabilities $ 193.92 million
      Shareholders’ Equity $ 24.42 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income $ 7.40 million
Total Interest Expense $ 0.83 million
Net interest income $ 6.57 million
Provision for loan and lease losses $ 0.28 million
Total non interest income $ 1.90 million
Total non interest expense $ 4.13 million
Pre-tax Net Operating Income $ 4.07 million

Bank Loan Profile?

The top three loan types in Douglas National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Douglas National 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 24.97
Multifamily
Mortgages
1.19
Credit Card Loans 0.00
Consumer Auto Loans 1.09
Small Business Loans 0.00
Construction and Development Loans 3.36
Commercial Real Estate 29.85
Commercial and Industrial Loans 21.69
Farm Loans 2.71

Frequently Asked Questions About Douglas National Bank

Branches and Savings

Is Douglas National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57230.

Why does Douglas National Bank pay such low interest on savings accounts?

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

Why are Douglas National Bank CD rates not competitive?

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

Is Douglas National Bank a commercial bank?

Yes

Where are Douglas National Bank locations?

See branch locations nearby.

Is Douglas National Bank open on Saturdays?

Is Douglas National Bank open on Sundays?

What time does Douglas National Bank open?

What time does Douglas National Bank close?

Are Douglas National Bank ATMs Open 24/7?

Do Douglas National Bank ATMs accept cash deposits?

Can Douglas National Bank customers use other ATMs?

Do Douglas National Bank branches have notaries?

Will Douglas National Bank notarize my document?

What address for Douglas National Bank should I put for incoming ACH transfers?

Will the Douglas National Bank branch print checks?

Do Douglas National Bank checks expire?

Does Douglas National Bank require US citizenship to open account?

Can Douglas National Bank close my account?

Does Douglas National Bank Report to credit bureaus?

Does Douglas National Bank Use Equifax?

What is Douglas National Bank's ACH Routing Number?

What is Douglas National Bank's SWIFT code?

Products

Does Douglas National Bank offer mortgages?

Compare mortgage rates here.

Does Douglas National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Douglas National Bank offer personal loans?

Compare personal loan rates here.

Does Douglas National Bank offer student loans?

Will Douglas National Bank cash a check?

Will Douglas National Bank redeem a savings bond?

Does Douglas National Bank cash savings bonds?

Will Douglas National Bank cash money orders?

Can Douglas National Bank issue a money order?

Does Douglas National Bank do currency exchange?

Background on The Bank

Who owns Douglas National Bank?

How long has Douglas National Bank been around?

Can Douglas National Bank transfer to other banks?

Does Douglas National Bank have quick pay?

Does Douglas National Bank accept rolled coins?

Will Douglas National Bank accept loose change?

Where is Douglas National Bank headquarters?

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