LNB Community Bank

Headquarters

215 North Main Street
Lynnville, IN 47619
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.40% →
1-Year CD 0.25% 1.15% →
2-Year CD 0.50% 1.26% →
5-Year CD 0.75% 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

LNB Community Bank is an FDIC insured institution located in Lynnville, IN. It was founded in 1907 and has approximately $0.12 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 4398
Date Established 1907
Assets $ 121.58 million
Loans $ 85.38 million
Deposits $ 103.10 million
Capital $ 12.82 million
 

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

Deposit Rates - July 12, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $100 - Learn More
Money Market
0.05% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $2,500 - Learn More
6 Mo CD
0.25% $10,000 - Learn More
12 Mo CD
0.25% $500 - Learn More
18 Mo CD
0.25% $500 - Learn More
24 Mo CD
0.50% $500 - Learn More
30 Mo CD
0.50% $500 - Learn More
36 Mo CD
0.75% $500 - Learn More
48 Mo CD
0.50% $500 - Learn More
60 Mo CD
0.75% $10,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $24,999 Learn MoreShow Less

Loan Rates - July 12, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for LNB Community 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
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 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.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

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

Branches

LNB 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:
Fairfield,Connecticut


LNB Community Bank Locations


Financial Details

LNB Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of LNB 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
LNB Community Bank U.S. Bank Average
6.61% 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, LNB Community Bank had $605,000 in non-current loans and $322,000 in owned real estate. To cover these potential losses it had $12,823,000 in equity and $1,196,000 in loans loss reserves. That gives it a Texas Ratio of 6.61%.

Return on Equity
LNB Community Bank U.S. Bank Average
10.84% 7.80%

LNB Community Bank has a Return on Equity of 10.84% 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
LNB Community Bank U.S. Bank Average
10.55% 12.68%

LNB Community Bank has a Capitalization of 10.55% 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.

LNB Community Bank Balance Sheet Analysis

As of March 31, 2020, LNB Community Bank had assets of $121,576,000, loans of $85,381,000, and deposits of $103,101,000. 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 $ 21.81 million
Interest-bearing balances $ 19.15 million
Total securities $ 8.32 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 85.38 million
Loan loss allowance $ 1.20 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.32 million
Goodwill and other intangibles $ 0.44 million
All other assets $ 2.06 million
     Total Assets $ 108.75 million
LIABILITIES
Total deposits $ 103.10 million
      Interest-bearing deposits $ 84.28 million
      Deposits held in domestic offices $ 103.10 million
      % insured (estimated) 63.70%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.40 million
Subordinated debt N.A.
All other liabilities $ 0.25 million
      Total Liabilities $ 108.75 million
      Shareholders’ Equity $ 12.82 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.23 million
Total Interest Expense $ 0.18 million
Net interest income $ 1.05 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.31 million
Total non interest expense $ 0.99 million
Pre-tax Net Operating Income $ 0.35 million

Bank Loan Profile?

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

Compared to other banks in Indiana, LNB Community Bank has a significantly higher percent of 1-4 Family Residential Loans 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 66.70
Multifamily
Mortgages
1.89
Credit Card Loans 0.00
Consumer Auto Loans 3.33
Small Business Loans 0.00
Construction and Development Loans 4.70
Commercial Real Estate 10.04
Commercial and Industrial Loans 7.78
Farm Loans 1.76

Frequently Asked Questions About Lnb Community Bank

Branches and Savings

Is Lnb Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #4398.

Why does Lnb 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 Lnb Community Bank CD rates not competitive?

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

Is Lnb Community Bank a commercial bank?

Yes

Where are Lnb Community Bank locations?

See branch locations nearby.

Is Lnb Community Bank open on Saturdays?

Is Lnb Community Bank open on Sundays?

What time does Lnb Community Bank open?

What time does Lnb Community Bank close?

Are Lnb Community Bank ATMs Open 24/7?

Do Lnb Community Bank ATMs accept cash deposits?

Can Lnb Community Bank customers use other ATMs?

Do Lnb Community Bank branches have notaries?

Will Lnb Community Bank notarize my document?

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

Will the Lnb Community Bank branch print checks?

Do Lnb Community Bank checks expire?

Does Lnb Community Bank require US citizenship to open account?

Can Lnb Community Bank close my account?

Does Lnb Community Bank Report to credit bureaus?

Does Lnb Community Bank Use Equifax?

What is Lnb Community Bank's ACH Routing Number?

What is Lnb Community Bank's SWIFT code?

Products

Does Lnb Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Lnb Community Bank offer personal loans?

Compare personal loan rates here.

Does Lnb Community Bank offer student loans?

Will Lnb Community Bank cash a check?

Will Lnb Community Bank redeem a savings bond?

Does Lnb Community Bank cash savings bonds?

Will Lnb Community Bank cash money orders?

Can Lnb Community Bank issue a money order?

Does Lnb Community Bank do currency exchange?

Background on The Bank

Who owns Lnb Community Bank?

How long has Lnb Community Bank been around?

Can Lnb Community Bank transfer to other banks?

Does Lnb Community Bank have quick pay?

Does Lnb Community Bank accept rolled coins?

Will Lnb Community Bank accept loose change?

Where is Lnb Community Bank headquarters?

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