Loveland Bank of Commerce

Headquarters

102 East 29th Street
Loveland, CO 80538
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 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

Loveland Bank of Commerce is an FDIC insured institution located in Loveland, CO. It was founded in 2007 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58642
Date Established 2007
Assets $ 42.90 million
Loans $ 37.48 million
Deposits $ 36.18 million
Capital $ 6.63 million
 

For a more detailed analysis of Loveland Bank of Commerce'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


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Loveland Bank of Commerce

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
3.872% 3.750% 1.00 $3,750 $1,158 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
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Note to Loveland Bank of Commerce
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Branches

Loveland Bank of Commerce 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


Loveland Bank of Commerce Locations


Financial Details

Loveland Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Loveland Bank of Commerce. 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
Loveland Bank of Commerce U.S. Bank Average
9.76% 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, Loveland Bank of Commerce had $700,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,629,000 in equity and $544,000 in loans loss reserves. That gives it a Texas Ratio of 9.76%.

Return on Equity
Loveland Bank of Commerce U.S. Bank Average
6.02% 7.80%

Loveland Bank of Commerce has a Return on Equity of 6.02% 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
Loveland Bank of Commerce U.S. Bank Average
15.45% 12.68%

Loveland Bank of Commerce has a Capitalization of 15.45% 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.

Loveland Bank of Commerce Balance Sheet Analysis

As of December 31, 2010, Loveland Bank of Commerce had assets of $42,899,000, loans of $37,481,000, and deposits of $36,184,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 37.48 million
Loan loss allowance $ 0.54 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 36.18 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 42.90 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Loveland Bank of Commerce’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Loveland Bank of Commerce’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Loveland Bank Of Commerce

Branches and Savings

Is Loveland Bank Of Commerce FDIC insured?

Yes. It is covered under FDIC Certificate #58642.

Why does Loveland Bank Of Commerce pay such low interest on savings accounts?

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

Why are Loveland Bank Of Commerce CD rates not competitive?

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

Is Loveland Bank Of Commerce a commercial bank?

Yes

Where are Loveland Bank Of Commerce locations?

See branch locations nearby.

Is Loveland Bank Of Commerce open on Saturdays?

Is Loveland Bank Of Commerce open on Sundays?

What time does Loveland Bank Of Commerce open?

What time does Loveland Bank Of Commerce close?

Are Loveland Bank Of Commerce ATMs Open 24/7?

Do Loveland Bank Of Commerce ATMs accept cash deposits?

Can Loveland Bank Of Commerce customers use other ATMs?

Do Loveland Bank Of Commerce branches have notaries?

Will Loveland Bank Of Commerce notarize my document?

What address for Loveland Bank Of Commerce should I put for incoming ACH transfers?

Will the Loveland Bank Of Commerce branch print checks?

Do Loveland Bank Of Commerce checks expire?

Does Loveland Bank Of Commerce require US citizenship to open account?

Can Loveland Bank Of Commerce close my account?

Does Loveland Bank Of Commerce Report to credit bureaus?

Does Loveland Bank Of Commerce Use Equifax?

What is Loveland Bank Of Commerce's ACH Routing Number?

What is Loveland Bank Of Commerce's SWIFT code?

Products

Does Loveland Bank Of Commerce offer mortgages?

Compare mortgage rates here.

Does Loveland Bank Of Commerce offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Loveland Bank Of Commerce offer personal loans?

Compare personal loan rates here.

Does Loveland Bank Of Commerce offer student loans?

Will Loveland Bank Of Commerce cash a check?

Will Loveland Bank Of Commerce redeem a savings bond?

Does Loveland Bank Of Commerce cash savings bonds?

Will Loveland Bank Of Commerce cash money orders?

Can Loveland Bank Of Commerce issue a money order?

Does Loveland Bank Of Commerce do currency exchange?

Background on The Bank

Who owns Loveland Bank Of Commerce?

How long has Loveland Bank Of Commerce been around?

Can Loveland Bank Of Commerce transfer to other banks?

Does Loveland Bank Of Commerce have quick pay?

Does Loveland Bank Of Commerce accept rolled coins?

Will Loveland Bank Of Commerce accept loose change?

Where is Loveland Bank Of Commerce headquarters?

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