Mancos Valley Bank

Headquarters

138 North Main Street
Mancos, CO 81328
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

Mancos Valley Bank is an FDIC insured institution located in Mancos, CO. It was founded in 1964 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 19205
Date Established 1964
Assets $ 73.41 million
Loans $ 25.92 million
Deposits $ 65.59 million
Capital $ 7.72 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Mancos Valley 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
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 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
See Table
2.990 %
$0 Learn More
More Info

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

Branches

Mancos Valley 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


Mancos Valley Bank Locations


Financial Details

Mancos Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mancos Valley 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
Mancos Valley Bank U.S. Bank Average
11.62% 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, Mancos Valley Bank had $600,000 in non-current loans and $439,000 in owned real estate. To cover these potential losses it had $7,724,000 in equity and $1,221,000 in loans loss reserves. That gives it a Texas Ratio of 11.62%.

Return on Equity
Mancos Valley Bank U.S. Bank Average
5.81% 7.80%

Mancos Valley Bank has a Return on Equity of 5.81% 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
Mancos Valley Bank U.S. Bank Average
10.52% 12.68%

Mancos Valley Bank has a Capitalization of 10.52% 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.

Mancos Valley Bank Balance Sheet Analysis

As of March 31, 2015, Mancos Valley Bank had assets of $73,578,000, loans of $25,916,000, and deposits of $65,585,000. 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 $ 25.92 million
Loan loss allowance $ 1.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.44 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 65.59 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 $ 73.41 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 Mancos Valley Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Colorado, Mancos Valley Bank has a significantly higher percent of Small Business 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 24.18
Multifamily
Mortgages
1.35
Credit Card Loans 0.00
Consumer Auto Loans 0.70
Small Business Loans 19.35
Construction and Development Loans 5.06
Commercial Real Estate 27.80
Commercial and Industrial Loans 4.18
Farm Loans 14.47

Frequently Asked Questions About Mancos Valley Bank

Branches and Savings

Is Mancos Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19205.

Why does Mancos Valley Bank pay such low interest on savings accounts?

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

Why are Mancos Valley Bank CD rates not competitive?

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

Is Mancos Valley Bank a commercial bank?

Yes

Where are Mancos Valley Bank locations?

See branch locations nearby.

Is Mancos Valley Bank open on Saturdays?

Is Mancos Valley Bank open on Sundays?

What time does Mancos Valley Bank open?

What time does Mancos Valley Bank close?

Are Mancos Valley Bank ATMs Open 24/7?

Do Mancos Valley Bank ATMs accept cash deposits?

Can Mancos Valley Bank customers use other ATMs?

Do Mancos Valley Bank branches have notaries?

Will Mancos Valley Bank notarize my document?

What address for Mancos Valley Bank should I put for incoming ACH transfers?

Will the Mancos Valley Bank branch print checks?

Do Mancos Valley Bank checks expire?

Does Mancos Valley Bank require US citizenship to open account?

Can Mancos Valley Bank close my account?

Does Mancos Valley Bank Report to credit bureaus?

Does Mancos Valley Bank Use Equifax?

What is Mancos Valley Bank's ACH Routing Number?

What is Mancos Valley Bank's SWIFT code?

Products

Does Mancos Valley Bank offer mortgages?

Compare mortgage rates here.

Does Mancos Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mancos Valley Bank offer personal loans?

Compare personal loan rates here.

Does Mancos Valley Bank offer student loans?

Will Mancos Valley Bank cash a check?

Will Mancos Valley Bank redeem a savings bond?

Does Mancos Valley Bank cash savings bonds?

Will Mancos Valley Bank cash money orders?

Can Mancos Valley Bank issue a money order?

Does Mancos Valley Bank do currency exchange?

Background on The Bank

Who owns Mancos Valley Bank?

How long has Mancos Valley Bank been around?

Can Mancos Valley Bank transfer to other banks?

Does Mancos Valley Bank have quick pay?

Does Mancos Valley Bank accept rolled coins?

Will Mancos Valley Bank accept loose change?

Where is Mancos Valley Bank headquarters?

Customer Reviews for Mancos Valley Bank

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

Add Your Review

Rate it here →