Maple Bank

Headquarters

11660 Theatre Drive North
Champlin, MN 55316
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.00% →
1-Year CD 0.70% 0.95% →
2-Year CD 0.80% 0.95% →
5-Year CD 1.20% 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

Maple Bank is an FDIC insured institution located in Champlin, MN. It was founded in 2003 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57581
Date Established 2003
Assets $ 71.49 million
Loans $ 56.88 million
Deposits $ 57.67 million
Capital $ 7.05 million
 

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

Deposit Rates - October 19, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
Premium Money Market Account
0.15% $10,000 $14,999 Learn More
Premium Money Market Account
0.25% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
Special: 15 Mo CD
1.10% $5,000 - Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 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
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.10% $100,000 $199,999 Learn More
60 Mo CD
1.20% $10,000 $14,999 Learn More
60 Mo CD
1.20% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 15 Mo FIRA
1.10% $5,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Maple 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
2.574% 2.500% 1.00 $2,445 $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

Note to Maple Bank
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Branches

Maple 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


Maple Bank Locations


Financial Details

Maple Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Maple 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
Maple Bank U.S. Bank Average
9.82% 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, Maple Bank had $773,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,052,000 in equity and $821,000 in loans loss reserves. That gives it a Texas Ratio of 9.82%.

Return on Equity
Maple Bank U.S. Bank Average
3.36% 7.80%

Maple Bank has a Return on Equity of 3.36% 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
Maple Bank U.S. Bank Average
9.86% 12.68%

Maple Bank has a Capitalization of 9.86% 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.

Maple Bank Balance Sheet Analysis

As of March 31, 2020, Maple Bank had assets of $71,491,000, loans of $56,878,000, and deposits of $57,671,000. 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 $ 12.11 million
Interest-bearing balances $ 10.68 million
Total securities $ 0.74 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 56.88 million
Loan loss allowance $ 0.82 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 $ 1.71 million
     Total Assets $ 64.44 million
LIABILITIES
Total deposits $ 57.67 million
      Interest-bearing deposits $ 45.38 million
      Deposits held in domestic offices $ 57.67 million
      % insured (estimated) 80.55%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.50 million
Subordinated debt N.A.
All other liabilities $ 0.27 million
      Total Liabilities $ 64.44 million
      Shareholders’ Equity $ 7.05 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.82 million
Total Interest Expense $ 0.21 million
Net interest income $ 0.62 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.07 million
Total non interest expense $ 0.57 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

The top three loan types in Maple Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Minnesota, Maple Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 14.11
Multifamily
Mortgages
2.28
Credit Card Loans 0.00
Consumer Auto Loans 0.24
Small Business Loans 53.98
Construction and Development Loans 1.81
Commercial Real Estate 54.01
Commercial and Industrial Loans 26.57
Farm Loans 0.68

Frequently Asked Questions About Maple Bank

Branches and Savings

Is Maple Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57581.

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

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

Why are Maple Bank CD rates not competitive?

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

Is Maple Bank a commercial bank?

Yes

Where are Maple Bank locations?

See branch locations nearby.

Is Maple Bank open on Saturdays?

Is Maple Bank open on Sundays?

What time does Maple Bank open?

What time does Maple Bank close?

Are Maple Bank ATMs Open 24/7?

Do Maple Bank ATMs accept cash deposits?

Can Maple Bank customers use other ATMs?

Do Maple Bank branches have notaries?

Will Maple Bank notarize my document?

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

Will the Maple Bank branch print checks?

Do Maple Bank checks expire?

Does Maple Bank require US citizenship to open account?

Can Maple Bank close my account?

Does Maple Bank Report to credit bureaus?

Does Maple Bank Use Equifax?

What is Maple Bank's ACH Routing Number?

What is Maple Bank's SWIFT code?

Products

Does Maple Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Maple Bank offer personal loans?

Compare personal loan rates here.

Does Maple Bank offer student loans?

Will Maple Bank cash a check?

Will Maple Bank redeem a savings bond?

Does Maple Bank cash savings bonds?

Will Maple Bank cash money orders?

Can Maple Bank issue a money order?

Does Maple Bank do currency exchange?

Background on The Bank

Who owns Maple Bank?

How long has Maple Bank been around?

Can Maple Bank transfer to other banks?

Does Maple Bank have quick pay?

Does Maple Bank accept rolled coins?

Will Maple Bank accept loose change?

Where is Maple Bank headquarters?

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