First Central Bank McCook

904 North Highway 83
Mccook, NE 69001

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34995
Date Established 1999
Assets $0.12 billion
Loans $0.09 billion
Deposits $0.10 billion
Capital $0.01 billion

First Central Bank McCook is an FDIC insured institution located in Mccook, NE. It was founded in 1999 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of First Central Bank McCook'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 Central Bank McCook’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, First Central Bank McCook’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 4.47
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.08
Small Business Loans 6.82
Construction and Development Loans 1.82
Commercial Real Estate 7.80
Commercial and Industrial Loans 20.46
Farm Loans 45.51

Deposit Rates - June 16, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.55% $2,500 $4,999 Learn MoreShow Less
Money Market
0.65% $10,000 $24,999 Learn MoreShow Less
Money Market
0.70% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.80% $500 $99,999 Learn MoreShow Less
6 Mo CD
1.31% $500 $99,999 Learn MoreShow Less
12 Mo CD
1.87% $500 $99,999 Learn MoreShow Less
Special: 13 Mo CD
2.77% $500 - Learn MoreShow Less
18 Mo CD
2.02% $500 $99,999 Learn MoreShow Less
24 Mo CD
2.15% $500 $99,999 Learn MoreShow Less
30 Mo CD
2.17% $500 $99,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.83% $4,000 - Learn MoreShow Less
Special: 13 Mo FIRA
2.77% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.40% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.40% $1,000 - Learn MoreShow Less

Loan Rates - June 16, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Central Bank McCook

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
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 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
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to First Central Bank McCook
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Branches

First Central Bank McCook 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 Central Bank McCook Locations


Financial Details

First Central Bank McCook Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Central Bank McCook. 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 Central Bank McCook U.S. Bank Average
14.66% 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 Central Bank McCook had $2,075,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,108,000 in equity and $2,044,000 in loans loss reserves. That gives it a Texas Ratio of 14.66%.

Return on Equity
First Central Bank McCook U.S. Bank Average
17.09% 8.80%

First Central Bank McCook has a Return on Equity of 17.09% 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 Central Bank McCook U.S. Bank Average
10.05% 12.29%

First Central Bank McCook has a Capitalization of 10.05% 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 Central Bank McCook Balance Sheet Analysis

As of December 31, 2018, First Central Bank McCook had assets of $120,455,000, loans of $94,339,000, and deposits of $102,293,000. 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 $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.09 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 $0.11 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 90.68%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.11 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
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 $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First Central Bank Mccook

Branches and Savings

Is First Central Bank Mccook FDIC insured?

Yes. It is covered under FDIC Certificate #34995.

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

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

Why are First Central Bank Mccook CD rates not competitive?

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

Is First Central Bank Mccook a commercial bank?

Yes

Where are First Central Bank Mccook locations?

See branch locations nearby.

Is First Central Bank Mccook open on Saturdays?

Is First Central Bank Mccook open on Sundays?

What time does First Central Bank Mccook open?

What time does First Central Bank Mccook close?

Are First Central Bank Mccook ATMs Open 24/7?

Do First Central Bank Mccook ATMs accept cash deposits?

Can First Central Bank Mccook customers use other ATMs?

Do First Central Bank Mccook branches have notaries?

Will First Central Bank Mccook notarize my document?

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

Will the First Central Bank Mccook branch print checks?

Do First Central Bank Mccook checks expire?

Does First Central Bank Mccook require US citizenship to open account?

Can First Central Bank Mccook close my account?

Does First Central Bank Mccook Report to credit bureaus?

Does First Central Bank Mccook Use Equifax?

What is First Central Bank Mccook's ACH Routing Number?

What is First Central Bank Mccook's SWIFT code?

Products

Does First Central Bank Mccook offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Central Bank Mccook offer personal loans?

Compare personal loan rates here.

Does First Central Bank Mccook offer student loans?

Will First Central Bank Mccook cash a check?

Will First Central Bank Mccook redeem a savings bond?

Does First Central Bank Mccook cash savings bonds?

Will First Central Bank Mccook cash money orders?

Can First Central Bank Mccook issue a money order?

Does First Central Bank Mccook do currency exchange?

Background on The Bank

Who owns First Central Bank Mccook?

How long has First Central Bank Mccook been around?

Can First Central Bank Mccook transfer to other banks?

Does First Central Bank Mccook have quick pay?

Does First Central Bank Mccook accept rolled coins?

Will First Central Bank Mccook accept loose change?

Where is First Central Bank Mccook headquarters?

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