Maple City Savings Bank, FSB

Headquarters

145 Main Street
Hornell, NY 14843
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.50% 0.95% →
2-Year CD 0.50% 1.05% →
5-Year CD 0.75% 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 City Savings Bank, FSB is an FDIC insured institution located in Hornell, NY. It was founded in 1905 and has approximately $0.09 billion in assets.

FDIC Insured Yes
FDIC Certificate # 28585
Date Established 1905
Assets $ 88.90 million
Loans $ 76.02 million
Deposits $ 74.25 million
Capital $ 8.33 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $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
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.75% $10,000 $14,999 Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.75% $10,000 $14,999 Learn More
48 Mo CD
0.75% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Maple City Savings Bank, FSB

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
4.114% 3.990% 1.00 $3,750 $1,193 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
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Maple City Savings Bank, FSB
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Maple City Savings Bank, FSB 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 City Savings Bank, FSB Locations


Financial Details

Maple City Savings Bank, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Maple City Savings Bank, FSB. 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 City Savings Bank, FSB U.S. Bank Average
12.2% 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 City Savings Bank, FSB had $1,010,000 in non-current loans and $65,000 in owned real estate. To cover these potential losses it had $8,325,000 in equity and $485,000 in loans loss reserves. That gives it a Texas Ratio of 12.2%.

Return on Equity
Maple City Savings Bank, FSB U.S. Bank Average
7.87% 7.80%

Maple City Savings Bank, FSB has a Return on Equity of 7.87% 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 City Savings Bank, FSB U.S. Bank Average
9.36% 12.68%

Maple City Savings Bank, FSB has a Capitalization of 9.36% 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 City Savings Bank, FSB Balance Sheet Analysis

As of March 31, 2020, Maple City Savings Bank, FSB had assets of $88,903,000, loans of $76,021,000, and deposits of $74,247,000. 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 $ 6.37 million
Interest-bearing balances $ 5.71 million
Total securities $ 1.61 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 76.02 million
Loan loss allowance $ 0.49 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles $ 0.74 million
All other assets $ 2.44 million
     Total Assets $ 80.58 million
LIABILITIES
Total deposits $ 74.25 million
      Interest-bearing deposits $ 66.01 million
      Deposits held in domestic offices $ 74.25 million
      % insured (estimated) 95.80%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.50 million
Subordinated debt N.A.
All other liabilities $ 0.83 million
      Total Liabilities $ 80.58 million
      Shareholders’ Equity $ 8.33 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.04 million
Total Interest Expense $ 0.25 million
Net interest income $ 0.79 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.19 million
Total non interest expense $ 0.79 million
Pre-tax Net Operating Income $ 0.19 million

Bank Loan Profile?

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

Compared to other banks in New York, Maple City Savings Bank, FSB 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 73.68
Multifamily
Mortgages
4.26
Credit Card Loans 0.00
Consumer Auto Loans 0.38
Small Business Loans 0.00
Construction and Development Loans 3.28
Commercial Real Estate 10.70
Commercial and Industrial Loans 4.83
Farm Loans 0.22

Frequently Asked Questions About Maple City Savings Bank, Fsb

Branches and Savings

Is Maple City Savings Bank, Fsb FDIC insured?

Yes. It is covered under FDIC Certificate #28585.

Why does Maple City Savings Bank, Fsb pay such low interest on savings accounts?

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

Why are Maple City Savings Bank, Fsb CD rates not competitive?

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

Is Maple City Savings Bank, Fsb a commercial bank?

Yes

Where are Maple City Savings Bank, Fsb locations?

See branch locations nearby.

Is Maple City Savings Bank, Fsb open on Saturdays?

Is Maple City Savings Bank, Fsb open on Sundays?

What time does Maple City Savings Bank, Fsb open?

What time does Maple City Savings Bank, Fsb close?

Are Maple City Savings Bank, Fsb ATMs Open 24/7?

Do Maple City Savings Bank, Fsb ATMs accept cash deposits?

Can Maple City Savings Bank, Fsb customers use other ATMs?

Do Maple City Savings Bank, Fsb branches have notaries?

Will Maple City Savings Bank, Fsb notarize my document?

What address for Maple City Savings Bank, Fsb should I put for incoming ACH transfers?

Will the Maple City Savings Bank, Fsb branch print checks?

Do Maple City Savings Bank, Fsb checks expire?

Does Maple City Savings Bank, Fsb require US citizenship to open account?

Can Maple City Savings Bank, Fsb close my account?

Does Maple City Savings Bank, Fsb Report to credit bureaus?

Does Maple City Savings Bank, Fsb Use Equifax?

What is Maple City Savings Bank, Fsb's ACH Routing Number?

What is Maple City Savings Bank, Fsb's SWIFT code?

Products

Does Maple City Savings Bank, Fsb offer mortgages?

Compare mortgage rates here.

Does Maple City Savings Bank, Fsb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Maple City Savings Bank, Fsb offer personal loans?

Compare personal loan rates here.

Does Maple City Savings Bank, Fsb offer student loans?

Will Maple City Savings Bank, Fsb cash a check?

Will Maple City Savings Bank, Fsb redeem a savings bond?

Does Maple City Savings Bank, Fsb cash savings bonds?

Will Maple City Savings Bank, Fsb cash money orders?

Can Maple City Savings Bank, Fsb issue a money order?

Does Maple City Savings Bank, Fsb do currency exchange?

Background on The Bank

Who owns Maple City Savings Bank, Fsb?

How long has Maple City Savings Bank, Fsb been around?

Can Maple City Savings Bank, Fsb transfer to other banks?

Does Maple City Savings Bank, Fsb have quick pay?

Does Maple City Savings Bank, Fsb accept rolled coins?

Will Maple City Savings Bank, Fsb accept loose change?

Where is Maple City Savings Bank, Fsb headquarters?

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