FIRST GREEN BANK

Headquarters

250 N Orange Avenue
Orlando, FL 32801
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
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 GREEN BANK is an FDIC insured institution located in Orlando, FL. It was founded in 2009 and has approximately $0.8 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 58874
Date Established 2009
Assets $ 791.55 million
Loans $ 669.33 million
Deposits $ 665.14 million
Capital $ 81.98 million
 

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

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FIRST GREEN BANK

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
2.789% 2.750% 0.50 $1,250 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to FIRST GREEN BANK
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Branches

FIRST GREEN 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:
Fairfield,Connecticut


FIRST GREEN BANK Locations


Financial Details

FIRST GREEN BANK Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of FIRST GREEN 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 GREEN BANK U.S. Bank Average
0.41% 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 GREEN BANK had $0 in non-current loans and $364,000 in owned real estate. To cover these potential losses it had $81,975,000 in equity and $6,818,000 in loans loss reserves. That gives it a Texas Ratio of 0.41%.

Return on Equity
FIRST GREEN BANK U.S. Bank Average
12.42% 7.80%

FIRST GREEN BANK has a Return on Equity of 12.42% 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 GREEN BANK U.S. Bank Average
10.36% 12.68%

FIRST GREEN BANK has a Capitalization of 10.36% 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 GREEN BANK Balance Sheet Analysis

As of September 30, 2018, FIRST GREEN BANK had assets of $798,678,000, loans of $669,332,000, and deposits of $665,136,000. 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 $ 37.48 million
Interest-bearing balances $ 20.17 million
Total securities $ 32.84 million
Federal funds sold and reverse repurchase $ 15.25 million
Net loans and leases $ 669.33 million
Loan loss allowance $ 6.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.36 million
Goodwill and other intangibles $ 0.33 million
All other assets $ 20.58 million
     Total Assets $ 716.70 million
LIABILITIES
Total deposits $ 665.14 million
      Interest-bearing deposits $ 478.30 million
      Deposits held in domestic offices $ 665.14 million
      % insured (estimated) 57.94%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 47.00 million
Subordinated debt N.A.
All other liabilities $ 4.57 million
      Total Liabilities $ 716.70 million
      Shareholders’ Equity $ 74.85 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 25.63 million
Total Interest Expense $ 4.49 million
Net interest income $ 21.14 million
Provision for loan and lease losses $ 1.00 million
Total non interest income $ 3.13 million
Total non interest expense $ 12.96 million
Pre-tax Net Operating Income $ 10.31 million

Bank Loan Profile?

The top three loan types in FIRST GREEN BANK’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, FIRST GREEN 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 18.74
Multifamily
Mortgages
6.25
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 0.00
Construction and Development Loans 8.36
Commercial Real Estate 54.82
Commercial and Industrial Loans 11.46
Farm Loans 0.00

Frequently Asked Questions About First Green Bank

Branches and Savings

Is First Green Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58874.

Why does First Green 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 Green Bank CD rates not competitive?

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

Is First Green Bank a commercial bank?

Yes

Where are First Green Bank locations?

See branch locations nearby.

Is First Green Bank open on Saturdays?

Is First Green Bank open on Sundays?

What time does First Green Bank open?

What time does First Green Bank close?

Are First Green Bank ATMs Open 24/7?

Do First Green Bank ATMs accept cash deposits?

Can First Green Bank customers use other ATMs?

Do First Green Bank branches have notaries?

Will First Green Bank notarize my document?

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

Will the First Green Bank branch print checks?

Do First Green Bank checks expire?

Does First Green Bank require US citizenship to open account?

Can First Green Bank close my account?

Does First Green Bank Report to credit bureaus?

Does First Green Bank Use Equifax?

What is First Green Bank's ACH Routing Number?

What is First Green Bank's SWIFT code?

Products

Does First Green Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Green Bank offer personal loans?

Compare personal loan rates here.

Does First Green Bank offer student loans?

Will First Green Bank cash a check?

Will First Green Bank redeem a savings bond?

Does First Green Bank cash savings bonds?

Will First Green Bank cash money orders?

Can First Green Bank issue a money order?

Does First Green Bank do currency exchange?

Background on The Bank

Who owns First Green Bank?

How long has First Green Bank been around?

Can First Green Bank transfer to other banks?

Does First Green Bank have quick pay?

Does First Green Bank accept rolled coins?

Will First Green Bank accept loose change?

Where is First Green Bank headquarters?

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