First State Bank of Canadian, National Association

Headquarters

115 Main Street
Canadian, TX 79014
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. 2.25% →
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 State Bank of Canadian, National Association is an FDIC insured institution located in Canadian, TX. It was founded in 1997 and has approximately $0.13 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34634
Date Established 1997
Assets $ 125.13 million
Loans $ 102.51 million
Deposits $ 111.53 million
Capital $ 13.35 million
 

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

Deposit Rates - September 28, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 28, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First State Bank of Canadian, National Association

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

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3.998% 3.875% 1.00 $3,750 $1,176 Learn More
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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Note to First State Bank of Canadian, National Association
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Branches

First State Bank of Canadian, National Association 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 State Bank of Canadian, National Association Locations


Financial Details

First State Bank of Canadian, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Canadian, National Association. 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 State Bank of Canadian, National Association U.S. Bank Average
18.72% 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 State Bank of Canadian, National Association had $2,700,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,354,000 in equity and $1,071,000 in loans loss reserves. That gives it a Texas Ratio of 18.72%.

Return on Equity
First State Bank of Canadian, National Association U.S. Bank Average
21.2% 7.80%

First State Bank of Canadian, National Association has a Return on Equity of 21.2% 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 State Bank of Canadian, National Association U.S. Bank Average
10.67% 12.68%

First State Bank of Canadian, National Association has a Capitalization of 10.67% 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 State Bank of Canadian, National Association Balance Sheet Analysis

As of November 30, -0001, First State Bank of Canadian, National Association had assets of $125,134,000, loans of $102,511,000, and deposits of $111,525,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 102.51 million
Loan loss allowance $ 1.07 million
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 $ 111.53 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 $ 125.13 million

Summary Income Statement

March 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 State Bank of Canadian, National Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First State Bank of Canadian, National Association’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First State Bank Of Canadian, National Association

Branches and Savings

Is First State Bank Of Canadian, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #34634.

Why does First State Bank Of Canadian, National Association pay such low interest on savings accounts?

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

Why are First State Bank Of Canadian, National Association CD rates not competitive?

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

Is First State Bank Of Canadian, National Association a commercial bank?

Yes

Where are First State Bank Of Canadian, National Association locations?

See branch locations nearby.

Is First State Bank Of Canadian, National Association open on Saturdays?

Is First State Bank Of Canadian, National Association open on Sundays?

What time does First State Bank Of Canadian, National Association open?

What time does First State Bank Of Canadian, National Association close?

Are First State Bank Of Canadian, National Association ATMs Open 24/7?

Do First State Bank Of Canadian, National Association ATMs accept cash deposits?

Can First State Bank Of Canadian, National Association customers use other ATMs?

Do First State Bank Of Canadian, National Association branches have notaries?

Will First State Bank Of Canadian, National Association notarize my document?

What address for First State Bank Of Canadian, National Association should I put for incoming ACH transfers?

Will the First State Bank Of Canadian, National Association branch print checks?

Do First State Bank Of Canadian, National Association checks expire?

Does First State Bank Of Canadian, National Association require US citizenship to open account?

Can First State Bank Of Canadian, National Association close my account?

Does First State Bank Of Canadian, National Association Report to credit bureaus?

Does First State Bank Of Canadian, National Association Use Equifax?

What is First State Bank Of Canadian, National Association's ACH Routing Number?

What is First State Bank Of Canadian, National Association's SWIFT code?

Products

Does First State Bank Of Canadian, National Association offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Canadian, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Canadian, National Association offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Canadian, National Association offer student loans?

Will First State Bank Of Canadian, National Association cash a check?

Will First State Bank Of Canadian, National Association redeem a savings bond?

Does First State Bank Of Canadian, National Association cash savings bonds?

Will First State Bank Of Canadian, National Association cash money orders?

Can First State Bank Of Canadian, National Association issue a money order?

Does First State Bank Of Canadian, National Association do currency exchange?

Background on The Bank

Who owns First State Bank Of Canadian, National Association?

How long has First State Bank Of Canadian, National Association been around?

Can First State Bank Of Canadian, National Association transfer to other banks?

Does First State Bank Of Canadian, National Association have quick pay?

Does First State Bank Of Canadian, National Association accept rolled coins?

Will First State Bank Of Canadian, National Association accept loose change?

Where is First State Bank Of Canadian, National Association headquarters?

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