Enterprise Banking Company

Headquarters

2097 Highway 20 W
Mcdonough, GA 30253
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.70% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 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

Enterprise Banking Company is an FDIC insured institution located in Mcdonough, GA. It was founded in 1925 and has approximately $0.1 billion in assets.

nterprise Banking Company, McDonough, Georgia, was closed on January 21, 2011 by the Georgia Department of Banking and Finance, which appointed Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC created the Deposit Insurance National Bank of McDonough (DINB), to remain open until January 28, 2011, to allow depositors access to their insured deposits and time to open accounts at other insured institutions.

FDIC Insured Yes
FDIC Certificate # 19758
Date Established 1925
Assets $ 99.46 million
Loans $ 70.53 million
Deposits $ 94.59 million
Capital $ 1.27 million
 

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

Deposit Rates - June 13, 2021

Your Current Location: Virginia, VA 20146

 

Loan Rates - June 13, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Enterprise Banking Company

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




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Note to Enterprise Banking Company
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Branches

Enterprise Banking 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:
Ashburn,Virginia


Enterprise Banking Company Locations


Financial Details

Enterprise Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Enterprise Banking 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
Enterprise Banking Company U.S. Bank Average
981.92% 5.49%

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 December 31, 2020, Enterprise Banking Company had $21,324,000 in non-current loans and $5,610,000 in owned real estate. To cover these potential losses it had $1,271,000 in equity and $1,472,000 in loans loss reserves. That gives it a Texas Ratio of 981.92%.

Return on Equity
Enterprise Banking Company U.S. Bank Average
-108.4% 9.24%

Enterprise Banking Company has a Return on Equity of -108.4% versus the BestCashCow average of 9.24%. 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
Enterprise Banking Company U.S. Bank Average
1.28% 11.96%

Enterprise Banking Company has a Capitalization of 1.28% versus the BestCashCow average of 11.96. 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.

Enterprise Banking Company Balance Sheet Analysis

As of December 31, 2010, Enterprise Banking Company had assets of $99,461,000, loans of $70,529,000, and deposits of $94,591,000. 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

December 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 $ 70.53 million
Loan loss allowance $ 1.47 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 5.61 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 94.59 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 $ 99.46 million

Summary Income Statement

December 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 Enterprise Banking Company’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Enterprise Banking 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 Enterprise Banking Company

Branches and Savings

Is Enterprise Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #19758.

Why does Enterprise Banking Company pay such low interest on savings accounts?

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

Why are Enterprise Banking Company CD rates not competitive?

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

Is Enterprise Banking Company a commercial bank?

Yes

Where are Enterprise Banking Company locations?

See branch locations nearby.

Is Enterprise Banking Company open on Saturdays?

Is Enterprise Banking Company open on Sundays?

What time does Enterprise Banking Company open?

What time does Enterprise Banking Company close?

Are Enterprise Banking Company ATMs Open 24/7?

Do Enterprise Banking Company ATMs accept cash deposits?

Can Enterprise Banking Company customers use other ATMs?

Do Enterprise Banking Company branches have notaries?

Will Enterprise Banking Company notarize my document?

What address for Enterprise Banking Company should I put for incoming ACH transfers?

Will the Enterprise Banking Company branch print checks?

Do Enterprise Banking Company checks expire?

Does Enterprise Banking Company require US citizenship to open account?

Can Enterprise Banking Company close my account?

Does Enterprise Banking Company Report to credit bureaus?

Does Enterprise Banking Company Use Equifax?

What is Enterprise Banking Company's ACH Routing Number?

What is Enterprise Banking Company's SWIFT code?

Products

Does Enterprise Banking Company offer mortgages?

Compare mortgage rates here.

Does Enterprise Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Enterprise Banking Company offer personal loans?

Compare personal loan rates here.

Does Enterprise Banking Company offer student loans?

Will Enterprise Banking Company cash a check?

Will Enterprise Banking Company redeem a savings bond?

Does Enterprise Banking Company cash savings bonds?

Will Enterprise Banking Company cash money orders?

Can Enterprise Banking Company issue a money order?

Does Enterprise Banking Company do currency exchange?

Background on The Bank

Who owns Enterprise Banking Company?

How long has Enterprise Banking Company been around?

Can Enterprise Banking Company transfer to other banks?

Does Enterprise Banking Company have quick pay?

Does Enterprise Banking Company accept rolled coins?

Will Enterprise Banking Company accept loose change?

Where is Enterprise Banking Company headquarters?

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