Intercity State Bank

Headquarters

962 Grand Avenue
Schofield, WI 54476
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.05% →
1-Year CD 0.70% 0.95% →
2-Year CD 0.85% 1.05% →
5-Year CD 1.10% 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

Intercity State Bank is an FDIC insured institution located in Schofield, WI. It was founded in 1952 and has approximately $0.19 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 17128
Date Established 1952
Assets $ 186.89 million
Loans $ 137.20 million
Deposits $ 143.26 million
Capital $ 43.04 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.05% $10,000 $14,999 Learn More
36 Mo CD
1.05% $100,000 $199,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.10% $100,000 $199,999 Learn More
60 Mo CD
1.10% $10,000 $14,999 Learn More
60 Mo CD
1.10% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Intercity State 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
2.815% 2.750% 0.88 $2,122 $1,021 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
2.990 %
$0 Learn More
More Info

Note to Intercity State Bank
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Branches

Intercity State 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


Intercity State Bank Locations


Financial Details

Intercity State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Intercity State 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
Intercity State Bank U.S. Bank Average
7.84% 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, Intercity State Bank had $3,474,000 in non-current loans and $36,000 in owned real estate. To cover these potential losses it had $43,044,000 in equity and $1,712,000 in loans loss reserves. That gives it a Texas Ratio of 7.84%.

Return on Equity
Intercity State Bank U.S. Bank Average
6.65% 7.80%

Intercity State Bank has a Return on Equity of 6.65% 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
Intercity State Bank U.S. Bank Average
23.03% 12.68%

Intercity State Bank has a Capitalization of 23.03% 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.

Intercity State Bank Balance Sheet Analysis

As of March 31, 2020, Intercity State Bank had assets of $186,894,000, loans of $137,199,000, and deposits of $143,262,000. 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 $ 23.59 million
Interest-bearing balances $ 20.25 million
Total securities $ 18.87 million
Federal funds sold and reverse repurchase $ 4.23 million
Net loans and leases $ 137.20 million
Loan loss allowance $ 1.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles N.A.
All other assets $ 1.71 million
     Total Assets $ 143.85 million
LIABILITIES
Total deposits $ 143.26 million
      Interest-bearing deposits $ 116.21 million
      Deposits held in domestic offices $ 143.26 million
      % insured (estimated) 82.34%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.59 million
      Total Liabilities $ 143.85 million
      Shareholders’ Equity $ 43.04 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.95 million
Total Interest Expense $ 0.31 million
Net interest income $ 1.64 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.21 million
Total non interest expense $ 0.88 million
Pre-tax Net Operating Income $ 0.96 million

Bank Loan Profile?

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

Compared to other banks, Intercity State 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 31.25
Multifamily
Mortgages
5.94
Credit Card Loans 0.03
Consumer Auto Loans 1.29
Small Business Loans 0.00
Construction and Development Loans 9.12
Commercial Real Estate 37.16
Commercial and Industrial Loans 15.12
Farm Loans 0.02

Frequently Asked Questions About Intercity State Bank

Branches and Savings

Is Intercity State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17128.

Why does Intercity State Bank pay such low interest on savings accounts?

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

Why are Intercity State Bank CD rates not competitive?

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

Is Intercity State Bank a commercial bank?

Yes

Where are Intercity State Bank locations?

See branch locations nearby.

Is Intercity State Bank open on Saturdays?

Is Intercity State Bank open on Sundays?

What time does Intercity State Bank open?

What time does Intercity State Bank close?

Are Intercity State Bank ATMs Open 24/7?

Do Intercity State Bank ATMs accept cash deposits?

Can Intercity State Bank customers use other ATMs?

Do Intercity State Bank branches have notaries?

Will Intercity State Bank notarize my document?

What address for Intercity State Bank should I put for incoming ACH transfers?

Will the Intercity State Bank branch print checks?

Do Intercity State Bank checks expire?

Does Intercity State Bank require US citizenship to open account?

Can Intercity State Bank close my account?

Does Intercity State Bank Report to credit bureaus?

Does Intercity State Bank Use Equifax?

What is Intercity State Bank's ACH Routing Number?

What is Intercity State Bank's SWIFT code?

Products

Does Intercity State Bank offer mortgages?

Compare mortgage rates here.

Does Intercity State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Intercity State Bank offer personal loans?

Compare personal loan rates here.

Does Intercity State Bank offer student loans?

Will Intercity State Bank cash a check?

Will Intercity State Bank redeem a savings bond?

Does Intercity State Bank cash savings bonds?

Will Intercity State Bank cash money orders?

Can Intercity State Bank issue a money order?

Does Intercity State Bank do currency exchange?

Background on The Bank

Who owns Intercity State Bank?

How long has Intercity State Bank been around?

Can Intercity State Bank transfer to other banks?

Does Intercity State Bank have quick pay?

Does Intercity State Bank accept rolled coins?

Will Intercity State Bank accept loose change?

Where is Intercity State Bank headquarters?

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