Four Corners Community Bank

Headquarters

500 W. Main Street, Suite 101
Farmington, NM 87401
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.60% →
1-Year CD 0.75% 1.55% →
2-Year CD 1.25% 1.45% →
5-Year CD 1.25% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Four Corners Community Bank is an FDIC insured institution located in Farmington, NM. It was founded in 2000 and has approximately $0.37 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 35441
Date Established 2000
Assets $ 365.04 million
Loans $ 263.50 million
Deposits $ 287.67 million
Capital $ 45.04 million
 

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

Deposit Rates - May 31, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.05% $1 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 - Learn More
6 Mo CD
0.10% $1,000 - Learn More
12 Mo CD
0.75% $1,000 $99,999 Learn More
12 Mo CD
0.75% $100,000 - Learn More
18 Mo CD
0.75% $1,000 $99,999 Learn More
18 Mo CD
0.75% $100,000 - Learn More
24 Mo CD
1.25% $1,000 $99,999 Learn More
24 Mo CD
1.25% $100,000 - Learn More
30 Mo CD
1.25% $1,000 $99,999 Learn More
30 Mo CD
1.25% $100,000 - Learn More
36 Mo CD
1.25% $1,000 $99,999 Learn More
36 Mo CD
1.25% $100,000 - Learn More
48 Mo CD
1.25% $1,000 $99,999 Learn More
48 Mo CD
1.25% $100,000 - Learn More
60 Mo CD
1.25% $1,000 $99,999 Learn More
60 Mo CD
1.25% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - May 31, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Four Corners Community 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

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.952% 2.875% 1.00 $2,485 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Note to Four Corners Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Four Corners Community 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


Four Corners Community Bank Locations


Financial Details

Four Corners Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Four Corners Community 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
Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Four Corners Community Bank U.S. Bank Average
33.7% 6.51%

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, 2019, Four Corners Community Bank had $15,849,000 in non-current loans and $729,000 in owned real estate. To cover these potential losses it had $45,044,000 in equity and $4,147,000 in loans loss reserves. That gives it a Texas Ratio of 33.7%.

Return on Equity
Four Corners Community Bank U.S. Bank Average
10.67% 9.41%

Four Corners Community Bank has a Return on Equity of 10.67% versus the BestCashCow average of 9.41%. 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
Four Corners Community Bank U.S. Bank Average
12.34% 12.82%

Four Corners Community Bank has a Capitalization of 12.34% versus the BestCashCow average of 12.82. 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.

Four Corners Community Bank Balance Sheet Analysis

As of December 31, 2019, Four Corners Community Bank had assets of $365,040,000, loans of $263,503,000, and deposits of $287,669,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 31.93 million
Interest-bearing balances $ 23.83 million
Total securities $ 55.84 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 263.50 million
Loan loss allowance $ 4.15 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.73 million
Goodwill and other intangibles $ 0.09 million
All other assets $ 4.90 million
     Total Assets $ 320.00 million
LIABILITIES
Total deposits $ 287.67 million
      Interest-bearing deposits $ 175.79 million
      Deposits held in domestic offices $ 287.67 million
      % insured (estimated) 73.64%
Federal funds purchased and repurchase agreements $ 30.05 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.27 million
      Total Liabilities $ 320.00 million
      Shareholders’ Equity $ 45.05 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 16.64 million
Total Interest Expense $ 1.74 million
Net interest income $ 14.91 million
Provision for loan and lease losses $ 1.91 million
Total non interest income $ 2.07 million
Total non interest expense $ 10.42 million
Pre-tax Net Operating Income $ 4.65 million

Bank Loan Profile?

The top three loan types in Four Corners Community Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in New Mexico, Four Corners Community Bank has a significantly higher percent of Commercial Real Estate 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 9.87
Multifamily
Mortgages
4.00
Credit Card Loans 0.00
Consumer Auto Loans 0.39
Small Business Loans 14.54
Construction and Development Loans 4.10
Commercial Real Estate 60.98
Commercial and Industrial Loans 15.63
Farm Loans 3.01

Frequently Asked Questions About Four Corners Community Bank

Branches and Savings

Is Four Corners Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35441.

Why does Four Corners Community Bank pay such low interest on savings accounts?

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

Why are Four Corners Community Bank CD rates not competitive?

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

Is Four Corners Community Bank a commercial bank?

Yes

Where are Four Corners Community Bank locations?

See branch locations nearby.

Is Four Corners Community Bank open on Saturdays?

Is Four Corners Community Bank open on Sundays?

What time does Four Corners Community Bank open?

What time does Four Corners Community Bank close?

Are Four Corners Community Bank ATMs Open 24/7?

Do Four Corners Community Bank ATMs accept cash deposits?

Can Four Corners Community Bank customers use other ATMs?

Do Four Corners Community Bank branches have notaries?

Will Four Corners Community Bank notarize my document?

What address for Four Corners Community Bank should I put for incoming ACH transfers?

Will the Four Corners Community Bank branch print checks?

Do Four Corners Community Bank checks expire?

Does Four Corners Community Bank require US citizenship to open account?

Can Four Corners Community Bank close my account?

Does Four Corners Community Bank Report to credit bureaus?

Does Four Corners Community Bank Use Equifax?

What is Four Corners Community Bank's ACH Routing Number?

What is Four Corners Community Bank's SWIFT code?

Products

Does Four Corners Community Bank offer mortgages?

Compare mortgage rates here.

Does Four Corners Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Four Corners Community Bank offer personal loans?

Compare personal loan rates here.

Does Four Corners Community Bank offer student loans?

Will Four Corners Community Bank cash a check?

Will Four Corners Community Bank redeem a savings bond?

Does Four Corners Community Bank cash savings bonds?

Will Four Corners Community Bank cash money orders?

Can Four Corners Community Bank issue a money order?

Does Four Corners Community Bank do currency exchange?

Background on The Bank

Who owns Four Corners Community Bank?

How long has Four Corners Community Bank been around?

Can Four Corners Community Bank transfer to other banks?

Does Four Corners Community Bank have quick pay?

Does Four Corners Community Bank accept rolled coins?

Will Four Corners Community Bank accept loose change?

Where is Four Corners Community Bank headquarters?

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