First Niagara Commercial Bank

Headquarters

55 East Avenue
Lockport, NY 14095
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.66% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Niagara Commercial Bank is an FDIC insured institution located in Lockport, NY. It was founded in 2000 and has approximately $1.26 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35591
Date Established 2000
Assets $ 1,030.97 million
Loans N.A.
Deposits $ 932.04 million
Capital $ 80.60 million
 

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

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Niagara Commercial Bank

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




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Featured - Connecticut Home Equity Line Of Credit Rates 2021

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2.240 %
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Note to First Niagara Commercial Bank
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Branches

First Niagara Commercial 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 Niagara Commercial Bank Locations


Financial Details

First Niagara Commercial Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Niagara Commercial 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 Niagara Commercial Bank U.S. Bank Average
0% 5.49%

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 December 31, 2020, First Niagara Commercial Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $80,597,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
First Niagara Commercial Bank U.S. Bank Average
5.77% 9.24%

First Niagara Commercial Bank has a Return on Equity of 5.77% versus the BestCashCow average of 9.24%. 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 Niagara Commercial Bank U.S. Bank Average
7.82% 11.96%

First Niagara Commercial Bank has a Capitalization of 7.82% versus the BestCashCow average of 11.96. 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 Niagara Commercial Bank Balance Sheet Analysis

As of November 30, -0001, First Niagara Commercial Bank had assets of $1,257,337,000, loans of $0, and deposits of $932,041,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases N.A.
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 932.04 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 1,030.97 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Niagara Commercial Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Niagara Commercial 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 nan
Multifamily
Mortgages
nan
Credit Card Loans nan
Consumer Auto Loans nan
Small Business Loans nan
Construction and Development Loans nan
Commercial Real Estate nan
Commercial and Industrial Loans nan
Farm Loans nan

Frequently Asked Questions About First Niagara Commercial Bank

Branches and Savings

Is First Niagara Commercial Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35591.

Why does First Niagara Commercial 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 Niagara Commercial Bank CD rates not competitive?

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

Is First Niagara Commercial Bank a commercial bank?

Yes

Where are First Niagara Commercial Bank locations?

See branch locations nearby.

Is First Niagara Commercial Bank open on Saturdays?

Is First Niagara Commercial Bank open on Sundays?

What time does First Niagara Commercial Bank open?

What time does First Niagara Commercial Bank close?

Are First Niagara Commercial Bank ATMs Open 24/7?

Do First Niagara Commercial Bank ATMs accept cash deposits?

Can First Niagara Commercial Bank customers use other ATMs?

Do First Niagara Commercial Bank branches have notaries?

Will First Niagara Commercial Bank notarize my document?

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

Will the First Niagara Commercial Bank branch print checks?

Do First Niagara Commercial Bank checks expire?

Does First Niagara Commercial Bank require US citizenship to open account?

Can First Niagara Commercial Bank close my account?

Does First Niagara Commercial Bank Report to credit bureaus?

Does First Niagara Commercial Bank Use Equifax?

What is First Niagara Commercial Bank's ACH Routing Number?

What is First Niagara Commercial Bank's SWIFT code?

Products

Does First Niagara Commercial Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Niagara Commercial Bank offer personal loans?

Compare personal loan rates here.

Does First Niagara Commercial Bank offer student loans?

Will First Niagara Commercial Bank cash a check?

Will First Niagara Commercial Bank redeem a savings bond?

Does First Niagara Commercial Bank cash savings bonds?

Will First Niagara Commercial Bank cash money orders?

Can First Niagara Commercial Bank issue a money order?

Does First Niagara Commercial Bank do currency exchange?

Background on The Bank

Who owns First Niagara Commercial Bank?

How long has First Niagara Commercial Bank been around?

Can First Niagara Commercial Bank transfer to other banks?

Does First Niagara Commercial Bank have quick pay?

Does First Niagara Commercial Bank accept rolled coins?

Will First Niagara Commercial Bank accept loose change?

Where is First Niagara Commercial Bank headquarters?

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