Liberty First Bank

Headquarters

1901 West Spring Street
Monroe, GA 30655
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.50% 1.01% →
2-Year CD 0.60% 0.95% →
5-Year CD 0.70% 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

Liberty First Bank is an FDIC insured institution located in Monroe, GA. It was founded in 2006 and has approximately $0.16 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58274
Date Established 2006
Assets $ 155.29 million
Loans $ 77.48 million
Deposits $ 139.71 million
Capital $ 15.15 million
 

For a more detailed analysis of Liberty First 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

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.70% $10,000 $14,999 Learn More
60 Mo CD
0.70% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Liberty First 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
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
2.565% 2.500% 0.88 $2,142 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

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

Branches

Liberty First 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


Liberty First Bank Locations


Financial Details

Liberty First Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Liberty First 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
Liberty First Bank U.S. Bank Average
6.18% 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, Liberty First Bank had $0 in non-current loans and $1,004,000 in owned real estate. To cover these potential losses it had $15,151,000 in equity and $1,101,000 in loans loss reserves. That gives it a Texas Ratio of 6.18%.

Return on Equity
Liberty First Bank U.S. Bank Average
9.16% 7.80%

Liberty First Bank has a Return on Equity of 9.16% 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
Liberty First Bank U.S. Bank Average
9.76% 12.68%

Liberty First Bank has a Capitalization of 9.76% 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.

Liberty First Bank Balance Sheet Analysis

As of March 31, 2020, Liberty First Bank had assets of $155,293,000, loans of $77,477,000, and deposits of $139,713,000. 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 $ 3.59 million
Interest-bearing balances $ 0.10 million
Total securities $ 54.49 million
Federal funds sold and reverse repurchase $ 11.88 million
Net loans and leases $ 77.48 million
Loan loss allowance $ 1.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.00 million
Goodwill and other intangibles N.A.
All other assets $ 3.83 million
     Total Assets $ 140.14 million
LIABILITIES
Total deposits $ 139.71 million
      Interest-bearing deposits $ 107.80 million
      Deposits held in domestic offices $ 139.71 million
      % insured (estimated) 75.79%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.43 million
      Total Liabilities $ 140.14 million
      Shareholders’ Equity $ 15.15 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.45 million
Total Interest Expense $ 0.28 million
Net interest income $ 1.17 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.11 million
Total non interest expense $ 0.95 million
Pre-tax Net Operating Income $ 0.33 million

Bank Loan Profile?

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

Compared to other banks, Liberty First 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 29.55
Multifamily
Mortgages
3.30
Credit Card Loans 0.00
Consumer Auto Loans 0.47
Small Business Loans 0.00
Construction and Development Loans 16.56
Commercial Real Estate 40.84
Commercial and Industrial Loans 8.42
Farm Loans 0.00

Frequently Asked Questions About Liberty First Bank

Branches and Savings

Is Liberty First Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58274.

Why does Liberty First Bank pay such low interest on savings accounts?

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

Why are Liberty First Bank CD rates not competitive?

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

Is Liberty First Bank a commercial bank?

Yes

Where are Liberty First Bank locations?

See branch locations nearby.

Is Liberty First Bank open on Saturdays?

Is Liberty First Bank open on Sundays?

What time does Liberty First Bank open?

What time does Liberty First Bank close?

Are Liberty First Bank ATMs Open 24/7?

Do Liberty First Bank ATMs accept cash deposits?

Can Liberty First Bank customers use other ATMs?

Do Liberty First Bank branches have notaries?

Will Liberty First Bank notarize my document?

What address for Liberty First Bank should I put for incoming ACH transfers?

Will the Liberty First Bank branch print checks?

Do Liberty First Bank checks expire?

Does Liberty First Bank require US citizenship to open account?

Can Liberty First Bank close my account?

Does Liberty First Bank Report to credit bureaus?

Does Liberty First Bank Use Equifax?

What is Liberty First Bank's ACH Routing Number?

What is Liberty First Bank's SWIFT code?

Products

Does Liberty First Bank offer mortgages?

Compare mortgage rates here.

Does Liberty First Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Liberty First Bank offer personal loans?

Compare personal loan rates here.

Does Liberty First Bank offer student loans?

Will Liberty First Bank cash a check?

Will Liberty First Bank redeem a savings bond?

Does Liberty First Bank cash savings bonds?

Will Liberty First Bank cash money orders?

Can Liberty First Bank issue a money order?

Does Liberty First Bank do currency exchange?

Background on The Bank

Who owns Liberty First Bank?

How long has Liberty First Bank been around?

Can Liberty First Bank transfer to other banks?

Does Liberty First Bank have quick pay?

Does Liberty First Bank accept rolled coins?

Will Liberty First Bank accept loose change?

Where is Liberty First Bank headquarters?

Customer Reviews for Liberty First Bank

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

Add Your Review

Rate it here →