First Cahawba Bank

2610 Citizens Parkway
Selma, AL 36701

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58636
Date Established 2007
Assets $0.11 billion
Loans $0.08 billion
Deposits $0.10 billion
Capital $0.01 billion

First Cahawba Bank is an FDIC insured institution located in Selma, AL. It was founded in 2007 and has approximately $0.11 billion in assets. Customers can open an account at one of its 2 branches.

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

Bank Loan Profile?

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

Compared to other banks in Alabama, First Cahawba Bank has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial 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 29.37
Multifamily
Mortgages
4.98
Credit Card Loans 0.00
Consumer Auto Loans 0.41
Small Business Loans 16.35
Construction and Development Loans 4.13
Commercial Real Estate 23.45
Commercial and Industrial Loans 28.12
Farm Loans 0.27

Deposit Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
3 Mo CD
0.55% $500 - Learn MoreShow Less
12 Mo CD
1.40% $500 - Learn MoreShow Less
18 Mo CD
1.51% $500 - Learn MoreShow Less
24 Mo CD
1.51% $500 - Learn MoreShow Less
36 Mo CD
1.95% $500 - Learn MoreShow Less
48 Mo CD
2.15% $500 - Learn MoreShow Less
60 Mo CD
2.60% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.40% $500 - Learn MoreShow Less

Loan Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Cahawba Bank

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to First Cahawba Bank
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Branches

First Cahawba 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 Cahawba Bank Locations


Financial Details

First Cahawba Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Cahawba 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 Cahawba Bank U.S. Bank Average
1.94% 6.97%

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 December 31, 2018, First Cahawba Bank had $31,000 in non-current loans and $251,000 in owned real estate. To cover these potential losses it had $13,667,000 in equity and $879,000 in loans loss reserves. That gives it a Texas Ratio of 1.94%.

Return on Equity
First Cahawba Bank U.S. Bank Average
4.71% 8.80%

First Cahawba Bank has a Return on Equity of 4.71% versus the BestCashCow average of 8.80%. 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 Cahawba Bank U.S. Bank Average
12.09% 12.29%

First Cahawba Bank has a Capitalization of 12.09% versus the BestCashCow average of 12.29. 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 Cahawba Bank Balance Sheet Analysis

As of December 31, 2018, First Cahawba Bank had assets of $113,042,000, loans of $83,498,000, and deposits of $96,111,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 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 $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.08 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 79.72%
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 $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
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

Frequently Asked Questions About First Cahawba Bank

Branches and Savings

Is First Cahawba Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58636.

Why does First Cahawba 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 Cahawba Bank CD rates not competitive?

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

Is First Cahawba Bank a commercial bank?

Yes

Where are First Cahawba Bank locations?

See branch locations nearby.

Is First Cahawba Bank open on Saturdays?

Is First Cahawba Bank open on Sundays?

What time does First Cahawba Bank open?

What time does First Cahawba Bank close?

Are First Cahawba Bank ATMs Open 24/7?

Do First Cahawba Bank ATMs accept cash deposits?

Can First Cahawba Bank customers use other ATMs?

Do First Cahawba Bank branches have notaries?

Will First Cahawba Bank notarize my document?

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

Will the First Cahawba Bank branch print checks?

Do First Cahawba Bank checks expire?

Does First Cahawba Bank require US citizenship to open account?

Can First Cahawba Bank close my account?

Does First Cahawba Bank Report to credit bureaus?

Does First Cahawba Bank Use Equifax?

What is First Cahawba Bank's ACH Routing Number?

What is First Cahawba Bank's SWIFT code?

Products

Does First Cahawba Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Cahawba Bank offer personal loans?

Compare personal loan rates here.

Does First Cahawba Bank offer student loans?

Will First Cahawba Bank cash a check?

Will First Cahawba Bank redeem a savings bond?

Does First Cahawba Bank cash savings bonds?

Will First Cahawba Bank cash money orders?

Can First Cahawba Bank issue a money order?

Does First Cahawba Bank do currency exchange?

Background on The Bank

Who owns First Cahawba Bank?

How long has First Cahawba Bank been around?

Can First Cahawba Bank transfer to other banks?

Does First Cahawba Bank have quick pay?

Does First Cahawba Bank accept rolled coins?

Will First Cahawba Bank accept loose change?

Where is First Cahawba Bank headquarters?

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