First Bank of Chandler

Headquarters

902 Manvel Avenue
Chandler, OK 74834
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Bank of Chandler is an FDIC insured institution located in Chandler, OK. It was founded in 1892 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 4056
Date Established 1892
Assets $ 91.44 million
Loans $ 55.90 million
Deposits $ 75.40 million
Capital $ 15.97 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 26, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Bank of Chandler

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,102 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
More Info

Note to First Bank of Chandler
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Branches

First Bank of Chandler 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


First Bank of Chandler Locations


Financial Details

First Bank of Chandler Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Bank of Chandler. 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 Bank of Chandler U.S. Bank Average
6.15% 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, First Bank of Chandler had $892,000 in non-current loans and $90,000 in owned real estate. To cover these potential losses it had $15,968,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 6.15%.

Return on Equity
First Bank of Chandler U.S. Bank Average
16.43% 7.80%

First Bank of Chandler has a Return on Equity of 16.43% 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
First Bank of Chandler U.S. Bank Average
17.46% 12.68%

First Bank of Chandler has a Capitalization of 17.46% 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.

First Bank of Chandler Balance Sheet Analysis

As of June 30, 2018, First Bank of Chandler had assets of $91,553,000, loans of $55,899,000, and deposits of $75,404,000. 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 $ 3.34 million
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase $ 22.73 million
Net loans and leases $ 55.90 million
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.09 million
Goodwill and other intangibles $ 8.52 million
All other assets $ 0.72 million
     Total Assets $ 75.59 million
LIABILITIES
Total deposits $ 75.40 million
      Interest-bearing deposits $ 59.03 million
      Deposits held in domestic offices $ 75.40 million
      % insured (estimated) 83.99%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 75.59 million
      Shareholders’ Equity $ 15.86 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.31 million
Total Interest Expense $ 0.25 million
Net interest income $ 2.06 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.14 million
Total non interest expense $ 0.87 million
Pre-tax Net Operating Income $ 1.31 million

Bank Loan Profile?

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

Compared to other banks in Oklahoma, First Bank of Chandler has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 24.99
Multifamily
Mortgages
0.00
Credit Card Loans 0.05
Consumer Auto Loans 3.89
Small Business Loans 10.83
Construction and Development Loans 2.62
Commercial Real Estate 18.07
Commercial and Industrial Loans 22.22
Farm Loans 10.48

Frequently Asked Questions About First Bank Of Chandler

Branches and Savings

Is First Bank Of Chandler FDIC insured?

Yes. It is covered under FDIC Certificate #4056.

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

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

Why are First Bank Of Chandler CD rates not competitive?

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

Is First Bank Of Chandler a commercial bank?

Yes

Where are First Bank Of Chandler locations?

See branch locations nearby.

Is First Bank Of Chandler open on Saturdays?

Is First Bank Of Chandler open on Sundays?

What time does First Bank Of Chandler open?

What time does First Bank Of Chandler close?

Are First Bank Of Chandler ATMs Open 24/7?

Do First Bank Of Chandler ATMs accept cash deposits?

Can First Bank Of Chandler customers use other ATMs?

Do First Bank Of Chandler branches have notaries?

Will First Bank Of Chandler notarize my document?

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

Will the First Bank Of Chandler branch print checks?

Do First Bank Of Chandler checks expire?

Does First Bank Of Chandler require US citizenship to open account?

Can First Bank Of Chandler close my account?

Does First Bank Of Chandler Report to credit bureaus?

Does First Bank Of Chandler Use Equifax?

What is First Bank Of Chandler's ACH Routing Number?

What is First Bank Of Chandler's SWIFT code?

Products

Does First Bank Of Chandler offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Bank Of Chandler offer personal loans?

Compare personal loan rates here.

Does First Bank Of Chandler offer student loans?

Will First Bank Of Chandler cash a check?

Will First Bank Of Chandler redeem a savings bond?

Does First Bank Of Chandler cash savings bonds?

Will First Bank Of Chandler cash money orders?

Can First Bank Of Chandler issue a money order?

Does First Bank Of Chandler do currency exchange?

Background on The Bank

Who owns First Bank Of Chandler?

How long has First Bank Of Chandler been around?

Can First Bank Of Chandler transfer to other banks?

Does First Bank Of Chandler have quick pay?

Does First Bank Of Chandler accept rolled coins?

Will First Bank Of Chandler accept loose change?

Where is First Bank Of Chandler headquarters?

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