High Point Bank and Trust Company

Headquarters

300 North Main Street
High Point, NC 27261
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 Point Bank and Trust Company is an FDIC insured institution located in High Point, NC. It was founded in 1905 and has approximately $0.81 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 12267
Date Established 1905
Assets $ 778.72 million
Loans $ 491.63 million
Deposits $ 633.96 million
Capital $ 102.49 million
 

For a more detailed analysis of High Point Bank and Trust Company'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 Point Bank and Trust Company

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 2020

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Note to High Point Bank and Trust Company
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Branches

High Point Bank and Trust Company 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 Point Bank and Trust Company Locations


Financial Details

High Point Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of High Point Bank and Trust Company. 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 Point Bank and Trust Company U.S. Bank Average
4.58% 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 Point Bank and Trust Company had $3,912,000 in non-current loans and $1,111,000 in owned real estate. To cover these potential losses it had $102,494,000 in equity and $7,090,000 in loans loss reserves. That gives it a Texas Ratio of 4.58%.

Return on Equity
High Point Bank and Trust Company U.S. Bank Average
5.3% 7.80%

High Point Bank and Trust Company has a Return on Equity of 5.3% 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 Point Bank and Trust Company U.S. Bank Average
13.16% 12.68%

High Point Bank and Trust Company has a Capitalization of 13.16% 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 Point Bank and Trust Company Balance Sheet Analysis

As of June 30, 2016, High Point Bank and Trust Company had assets of $807,924,000, loans of $491,630,000, and deposits of $633,961,000. 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 $ 491.63 million
Loan loss allowance $ 7.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.11 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 633.96 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 $ 778.72 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 High Point Bank and Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in North Carolina, High Point Bank and Trust Company has a significantly higher percent of Small Business Loans, 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 19.89
Multifamily
Mortgages
1.08
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 17.40
Construction and Development Loans 10.37
Commercial Real Estate 53.60
Commercial and Industrial Loans 14.94
Farm Loans 0.00

Frequently Asked Questions About High Point Bank And Trust Company

Branches and Savings

Is High Point Bank And Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #12267.

Why does High Point Bank And Trust Company pay such low interest on savings accounts?

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

Why are High Point Bank And Trust Company CD rates not competitive?

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

Is High Point Bank And Trust Company a commercial bank?

Yes

Where are High Point Bank And Trust Company locations?

See branch locations nearby.

Is High Point Bank And Trust Company open on Saturdays?

Is High Point Bank And Trust Company open on Sundays?

What time does High Point Bank And Trust Company open?

What time does High Point Bank And Trust Company close?

Are High Point Bank And Trust Company ATMs Open 24/7?

Do High Point Bank And Trust Company ATMs accept cash deposits?

Can High Point Bank And Trust Company customers use other ATMs?

Do High Point Bank And Trust Company branches have notaries?

Will High Point Bank And Trust Company notarize my document?

What address for High Point Bank And Trust Company should I put for incoming ACH transfers?

Will the High Point Bank And Trust Company branch print checks?

Do High Point Bank And Trust Company checks expire?

Does High Point Bank And Trust Company require US citizenship to open account?

Can High Point Bank And Trust Company close my account?

Does High Point Bank And Trust Company Report to credit bureaus?

Does High Point Bank And Trust Company Use Equifax?

What is High Point Bank And Trust Company's ACH Routing Number?

What is High Point Bank And Trust Company's SWIFT code?

Products

Does High Point Bank And Trust Company offer mortgages?

Compare mortgage rates here.

Does High Point Bank And Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does High Point Bank And Trust Company offer personal loans?

Compare personal loan rates here.

Does High Point Bank And Trust Company offer student loans?

Will High Point Bank And Trust Company cash a check?

Will High Point Bank And Trust Company redeem a savings bond?

Does High Point Bank And Trust Company cash savings bonds?

Will High Point Bank And Trust Company cash money orders?

Can High Point Bank And Trust Company issue a money order?

Does High Point Bank And Trust Company do currency exchange?

Background on The Bank

Who owns High Point Bank And Trust Company?

How long has High Point Bank And Trust Company been around?

Can High Point Bank And Trust Company transfer to other banks?

Does High Point Bank And Trust Company have quick pay?

Does High Point Bank And Trust Company accept rolled coins?

Will High Point Bank And Trust Company accept loose change?

Where is High Point Bank And Trust Company headquarters?

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