Landmark Bank

Headquarters

12225 St. Helena Street
Clinton, LA 70722
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.02% 1.05% →
1-Year CD 0.80% 0.95% →
2-Year CD 1.01% 1.05% →
5-Year CD 1.32% 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

Landmark Bank is an FDIC insured institution located in Clinton, LA. It was founded in 1897 and has approximately $0.14 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 307
Date Established 1897
Assets $ 141.10 million
Loans $ 98.82 million
Deposits $ 115.35 million
Capital $ 13.53 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.02% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $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
0.80% $10,000 $14,999 Learn More
12 Mo CD
0.80% $100,000 $199,999 Learn More
18 Mo CD
0.95% $10,000 $14,999 Learn More
Special: 18 Mo CD
0.95% $100,000 - Learn More
18 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
1.01% $10,000 $14,999 Learn More
Special: 24 Mo CD
1.01% $100,000 - Learn More
24 Mo CD
1.01% $100,000 $199,999 Learn More
30 Mo CD
0.80% $10,000 $14,999 Learn More
30 Mo CD
0.80% $100,000 $199,999 Learn More
36 Mo CD
1.10% $10,000 $14,999 Learn More
36 Mo CD
1.10% $100,000 $199,999 Learn More
48 Mo CD
1.14% $10,000 $14,999 Learn More
48 Mo CD
1.14% $100,000 $199,999 Learn More
60 Mo CD
1.32% $10,000 $14,999 Learn More
60 Mo CD
1.32% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 26, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Landmark 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 $2,102 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

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

Branches

Landmark 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


Landmark Bank Locations


Financial Details

Landmark Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Landmark 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
Landmark Bank U.S. Bank Average
26.75% 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, Landmark Bank had $2,027,000 in non-current loans and $1,831,000 in owned real estate. To cover these potential losses it had $13,527,000 in equity and $896,000 in loans loss reserves. That gives it a Texas Ratio of 26.75%.

Return on Equity
Landmark Bank U.S. Bank Average
7.97% 7.80%

Landmark Bank has a Return on Equity of 7.97% 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
Landmark Bank U.S. Bank Average
9.59% 12.68%

Landmark Bank has a Capitalization of 9.59% 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.

Landmark Bank Balance Sheet Analysis

As of March 31, 2020, Landmark Bank had assets of $141,100,000, loans of $98,824,000, and deposits of $115,348,000. 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 $ 3.94 million
Interest-bearing balances $ 0.90 million
Total securities $ 27.24 million
Federal funds sold and reverse repurchase $ 1.00 million
Net loans and leases $ 98.82 million
Loan loss allowance $ 0.90 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.83 million
Goodwill and other intangibles N.A.
All other assets $ 5.57 million
     Total Assets $ 127.57 million
LIABILITIES
Total deposits $ 115.35 million
      Interest-bearing deposits $ 83.80 million
      Deposits held in domestic offices $ 115.35 million
      % insured (estimated) 84.44%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 12.01 million
Subordinated debt N.A.
All other liabilities $ 0.21 million
      Total Liabilities $ 127.57 million
      Shareholders’ Equity $ 13.53 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.57 million
Total Interest Expense $ 0.25 million
Net interest income $ 1.32 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.19 million
Total non interest expense $ 1.19 million
Pre-tax Net Operating Income $ 0.28 million

Bank Loan Profile?

The top three loan types in Landmark Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, Landmark 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 43.84
Multifamily
Mortgages
0.83
Credit Card Loans 0.00
Consumer Auto Loans 0.12
Small Business Loans 0.00
Construction and Development Loans 16.38
Commercial Real Estate 16.99
Commercial and Industrial Loans 9.77
Farm Loans 3.16

Frequently Asked Questions About Landmark Bank

Branches and Savings

Is Landmark Bank FDIC insured?

Yes. It is covered under FDIC Certificate #307.

Why does Landmark Bank pay such low interest on savings accounts?

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

Why are Landmark Bank CD rates not competitive?

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

Is Landmark Bank a commercial bank?

Yes

Where are Landmark Bank locations?

See branch locations nearby.

Is Landmark Bank open on Saturdays?

Is Landmark Bank open on Sundays?

What time does Landmark Bank open?

What time does Landmark Bank close?

Are Landmark Bank ATMs Open 24/7?

Do Landmark Bank ATMs accept cash deposits?

Can Landmark Bank customers use other ATMs?

Do Landmark Bank branches have notaries?

Will Landmark Bank notarize my document?

What address for Landmark Bank should I put for incoming ACH transfers?

Will the Landmark Bank branch print checks?

Do Landmark Bank checks expire?

Does Landmark Bank require US citizenship to open account?

Can Landmark Bank close my account?

Does Landmark Bank Report to credit bureaus?

Does Landmark Bank Use Equifax?

What is Landmark Bank's ACH Routing Number?

What is Landmark Bank's SWIFT code?

Products

Does Landmark Bank offer mortgages?

Compare mortgage rates here.

Does Landmark Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Landmark Bank offer personal loans?

Compare personal loan rates here.

Does Landmark Bank offer student loans?

Will Landmark Bank cash a check?

Will Landmark Bank redeem a savings bond?

Does Landmark Bank cash savings bonds?

Will Landmark Bank cash money orders?

Can Landmark Bank issue a money order?

Does Landmark Bank do currency exchange?

Background on The Bank

Who owns Landmark Bank?

How long has Landmark Bank been around?

Can Landmark Bank transfer to other banks?

Does Landmark Bank have quick pay?

Does Landmark Bank accept rolled coins?

Will Landmark Bank accept loose change?

Where is Landmark Bank headquarters?

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