First Seacoast Bank

633 Central Avenue
Dover, NH 03820

Notable Rates APY Vs.Others
Savings 0.03% 2.60% →
1-Year CD 0.60% 2.36% →
2-Year CD 0.65% 2.60% →
5-Year CD 1.90% 2.80% →
30-Year Mortgage 4.38% 3.31% →
15-Year Mortgage 3.98% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

First Seacoast Bank is an FDIC insured institution located in Dover, NH. It was founded in 1890 and has approximately $0.41 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 29744
Date Established 1890
Assets $0.41 billion
Loans $0.33 billion
Deposits $0.31 billion
Capital $0.03 billion
 

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

Deposit Rates - November 13, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.10% $1,000 $74,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 - Learn MoreShow Less
6 Mo CD
0.15% $1,000 - Learn MoreShow Less
Special: 7 Mo CD
1.65% $1,000 - Learn MoreShow Less
12 Mo CD
0.60% $1,000 - Learn MoreShow Less
18 Mo CD
0.35% $1,000 - Learn MoreShow Less
Special: 19 Mo CD
1.40% $1,000 - Learn MoreShow Less
24 Mo CD
0.65% $1,000 - Learn MoreShow Less
36 Mo CD
1.25% $1,000 - Learn MoreShow Less
60 Mo CD
1.90% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.35% $10 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $300 - Learn MoreShow Less

Loan Rates - November 13, 2019

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 4.29% 3.99% $737.99
4 Year 4.29% 3.99% $564.36
5 Year 4.29% 3.99% $460.30
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

First Seacoast 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:
Ashburn,Virginia


First Seacoast Bank Locations


Financial Details

First Seacoast Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Seacoast 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
First Seacoast Bank U.S. Bank Average
0.85% 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, First Seacoast Bank had $312,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $34,005,000 in equity and $2,832,000 in loans loss reserves. That gives it a Texas Ratio of 0.85%.

Return on Equity
First Seacoast Bank U.S. Bank Average
2.34% 9.50%

First Seacoast Bank has a Return on Equity of 2.34% 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
First Seacoast Bank U.S. Bank Average
8.36% 12.76%

First Seacoast Bank has a Capitalization of 8.36% 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.

First Seacoast Bank Balance Sheet Analysis

As of June 30, 2019, First Seacoast Bank had assets of $406,929,000, loans of $330,845,000, and deposits of $314,326,000. 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 $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.33 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 $0.01 billion
     Total Assets $0.37 billion
LIABILITIES
Total deposits $0.31 billion
      Interest-bearing deposits $0.24 billion
      Deposits held in domestic offices $0.31 billion
      % insured (estimated) 79.50%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.06 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.37 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in First Seacoast Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, First Seacoast 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 67.00
Multifamily
Mortgages
1.46
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 11.22
Construction and Development Loans 4.65
Commercial Real Estate 20.71
Commercial and Industrial Loans 6.53
Farm Loans 0.00

Frequently Asked Questions About First Seacoast Bank

Branches and Savings

Is First Seacoast Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29744.

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

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

Why are First Seacoast Bank CD rates not competitive?

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

Is First Seacoast Bank a commercial bank?

Yes

Where are First Seacoast Bank locations?

See branch locations nearby.

Is First Seacoast Bank open on Saturdays?

Is First Seacoast Bank open on Sundays?

What time does First Seacoast Bank open?

What time does First Seacoast Bank close?

Are First Seacoast Bank ATMs Open 24/7?

Do First Seacoast Bank ATMs accept cash deposits?

Can First Seacoast Bank customers use other ATMs?

Do First Seacoast Bank branches have notaries?

Will First Seacoast Bank notarize my document?

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

Will the First Seacoast Bank branch print checks?

Do First Seacoast Bank checks expire?

Does First Seacoast Bank require US citizenship to open account?

Can First Seacoast Bank close my account?

Does First Seacoast Bank Report to credit bureaus?

Does First Seacoast Bank Use Equifax?

What is First Seacoast Bank's ACH Routing Number?

What is First Seacoast Bank's SWIFT code?

Products

Does First Seacoast Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Seacoast Bank offer personal loans?

Compare personal loan rates here.

Does First Seacoast Bank offer student loans?

Will First Seacoast Bank cash a check?

Will First Seacoast Bank redeem a savings bond?

Does First Seacoast Bank cash savings bonds?

Will First Seacoast Bank cash money orders?

Can First Seacoast Bank issue a money order?

Does First Seacoast Bank do currency exchange?

Background on The Bank

Who owns First Seacoast Bank?

How long has First Seacoast Bank been around?

Can First Seacoast Bank transfer to other banks?

Does First Seacoast Bank have quick pay?

Does First Seacoast Bank accept rolled coins?

Will First Seacoast Bank accept loose change?

Where is First Seacoast Bank headquarters?

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