High Desert Bank

Headquarters

1000 Sw Disk Drive Bldg 6
Bend, OR 97702
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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

High Desert Bank is an FDIC insured institution located in Bend, OR. It was founded in 2007 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58594
Date Established 2007
Assets $ 20.33 million
Loans $ 7.82 million
Deposits $ 20.09 million
Capital $ 0.22 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for High Desert 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
2.569% 2.500% 0.88 $2,258 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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
2.240 %
$0 Learn More
More Info

Note to High Desert Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

High Desert 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


High Desert Bank Locations


Financial Details

High Desert Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of High Desert 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
High Desert Bank U.S. Bank Average
0% 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, High Desert Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $221,000 in equity and $295,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
High Desert Bank U.S. Bank Average
-141.18% 7.80%

High Desert Bank has a Return on Equity of -141.18% 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
High Desert Bank U.S. Bank Average
1.09% 12.68%

High Desert Bank has a Capitalization of 1.09% 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.

High Desert Bank Balance Sheet Analysis

As of March 31, 2018, High Desert Bank had assets of $20,330,000, loans of $7,817,000, and deposits of $20,094,000. 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 $ 8.16 million
Interest-bearing balances $ 6.65 million
Total securities $ 4.15 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 7.82 million
Loan loss allowance $ 0.30 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.04 million
All other assets $ 0.15 million
     Total Assets $ 20.11 million
LIABILITIES
Total deposits $ 20.09 million
      Interest-bearing deposits $ 15.03 million
      Deposits held in domestic offices $ 20.09 million
      % insured (estimated) 87.72%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.02 million
      Total Liabilities $ 20.11 million
      Shareholders’ Equity $ 0.22 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.16 million
Total Interest Expense $ 0.01 million
Net interest income $ 0.15 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.38 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in High Desert Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Oregon, High Desert 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 26.43
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 0.00
Construction and Development Loans 4.50
Commercial Real Estate 60.88
Commercial and Industrial Loans 12.09
Farm Loans 0.00

Frequently Asked Questions About High Desert Bank

Branches and Savings

Is High Desert Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58594.

Why does High Desert Bank pay such low interest on savings accounts?

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

Why are High Desert Bank CD rates not competitive?

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

Is High Desert Bank a commercial bank?

Yes

Where are High Desert Bank locations?

See branch locations nearby.

Is High Desert Bank open on Saturdays?

Is High Desert Bank open on Sundays?

What time does High Desert Bank open?

What time does High Desert Bank close?

Are High Desert Bank ATMs Open 24/7?

Do High Desert Bank ATMs accept cash deposits?

Can High Desert Bank customers use other ATMs?

Do High Desert Bank branches have notaries?

Will High Desert Bank notarize my document?

What address for High Desert Bank should I put for incoming ACH transfers?

Will the High Desert Bank branch print checks?

Do High Desert Bank checks expire?

Does High Desert Bank require US citizenship to open account?

Can High Desert Bank close my account?

Does High Desert Bank Report to credit bureaus?

Does High Desert Bank Use Equifax?

What is High Desert Bank's ACH Routing Number?

What is High Desert Bank's SWIFT code?

Products

Does High Desert Bank offer mortgages?

Compare mortgage rates here.

Does High Desert Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does High Desert Bank offer personal loans?

Compare personal loan rates here.

Does High Desert Bank offer student loans?

Will High Desert Bank cash a check?

Will High Desert Bank redeem a savings bond?

Does High Desert Bank cash savings bonds?

Will High Desert Bank cash money orders?

Can High Desert Bank issue a money order?

Does High Desert Bank do currency exchange?

Background on The Bank

Who owns High Desert Bank?

How long has High Desert Bank been around?

Can High Desert Bank transfer to other banks?

Does High Desert Bank have quick pay?

Does High Desert Bank accept rolled coins?

Will High Desert Bank accept loose change?

Where is High Desert Bank headquarters?

Customer Reviews for High Desert Bank

There are currently no comments for High Desert Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →