La Monte Community Bank

Headquarters

201 East Front Street
La Monte, MO 65337
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 1.25% 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

La Monte Community Bank is an FDIC insured institution located in La Monte, MO. It was founded in 1946 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 16423
Date Established 1946
Assets $ 30.47 million
Loans $ 22.01 million
Deposits $ 26.94 million
Capital $ 3.49 million
 

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

Deposit Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $50 - Learn More
Money Market
1.00% $2,500 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn More
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
1.25% $1,000 - Learn More
18 Mo CD
1.41% $1,000 - Learn More
30 Mo CD
0.60% $1,000 - Learn More
36 Mo CD
1.51% $1,000 - Learn More
48 Mo CD
1.51% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.25% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,500 - Learn MoreShow Less

Loan Rates - July 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for La Monte Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to La Monte Community Bank
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Branches

La Monte 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:
Ashburn,Virginia


La Monte Community Bank Locations


Financial Details

La Monte Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of La Monte 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
La Monte Community Bank U.S. Bank Average
0% 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, La Monte Community Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,486,000 in equity and $217,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
La Monte Community Bank U.S. Bank Average
5.46% 9.41%

La Monte Community Bank has a Return on Equity of 5.46% 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
La Monte Community Bank U.S. Bank Average
11.44% 12.82%

La Monte Community Bank has a Capitalization of 11.44% 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.

La Monte Community Bank Balance Sheet Analysis

As of December 31, 2019, La Monte Community Bank had assets of $30,467,000, loans of $22,006,000, and deposits of $26,936,000. 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 $ 0.99 million
Interest-bearing balances $ 0.30 million
Total securities $ 7.01 million
Federal funds sold and reverse repurchase $ 0.04 million
Net loans and leases $ 22.01 million
Loan loss allowance $ 0.22 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 $ 0.29 million
     Total Assets $ 26.98 million
LIABILITIES
Total deposits $ 26.94 million
      Interest-bearing deposits $ 21.42 million
      Deposits held in domestic offices $ 26.94 million
      % insured (estimated) 87.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.05 million
      Total Liabilities $ 26.98 million
      Shareholders’ Equity $ 3.49 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 1.30 million
Total Interest Expense $ 0.19 million
Net interest income $ 1.11 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.05 million
Total non interest expense $ 0.91 million
Pre-tax Net Operating Income $ 0.25 million

Bank Loan Profile?

The top three loan types in La Monte Community Bank’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks, La Monte Community 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 24.41
Multifamily
Mortgages
0.20
Credit Card Loans 0.00
Consumer Auto Loans 1.18
Small Business Loans 5.58
Construction and Development Loans 0.61
Commercial Real Estate 5.58
Commercial and Industrial Loans 4.68
Farm Loans 7.51

Frequently Asked Questions About La Monte Community Bank

Branches and Savings

Is La Monte Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16423.

Why does La Monte 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 La Monte Community Bank CD rates not competitive?

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

Is La Monte Community Bank a commercial bank?

Yes

Where are La Monte Community Bank locations?

See branch locations nearby.

Is La Monte Community Bank open on Saturdays?

Is La Monte Community Bank open on Sundays?

What time does La Monte Community Bank open?

What time does La Monte Community Bank close?

Are La Monte Community Bank ATMs Open 24/7?

Do La Monte Community Bank ATMs accept cash deposits?

Can La Monte Community Bank customers use other ATMs?

Do La Monte Community Bank branches have notaries?

Will La Monte Community Bank notarize my document?

What address for La Monte Community Bank should I put for incoming ACH transfers?

Will the La Monte Community Bank branch print checks?

Do La Monte Community Bank checks expire?

Does La Monte Community Bank require US citizenship to open account?

Can La Monte Community Bank close my account?

Does La Monte Community Bank Report to credit bureaus?

Does La Monte Community Bank Use Equifax?

What is La Monte Community Bank's ACH Routing Number?

What is La Monte Community Bank's SWIFT code?

Products

Does La Monte Community Bank offer mortgages?

Compare mortgage rates here.

Does La Monte Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does La Monte Community Bank offer personal loans?

Compare personal loan rates here.

Does La Monte Community Bank offer student loans?

Will La Monte Community Bank cash a check?

Will La Monte Community Bank redeem a savings bond?

Does La Monte Community Bank cash savings bonds?

Will La Monte Community Bank cash money orders?

Can La Monte Community Bank issue a money order?

Does La Monte Community Bank do currency exchange?

Background on The Bank

Who owns La Monte Community Bank?

How long has La Monte Community Bank been around?

Can La Monte Community Bank transfer to other banks?

Does La Monte Community Bank have quick pay?

Does La Monte Community Bank accept rolled coins?

Will La Monte Community Bank accept loose change?

Where is La Monte Community Bank headquarters?

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