MBank

Headquarters

1290 Northeast Burnside Road
Gresham, OR 97030
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

MBank is an FDIC insured institution located in Gresham, OR. It was founded in 1995 and has approximately $0.15 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 34093
Date Established 1995
Assets $ 164.65 million
Loans $ 115.57 million
Deposits $ 127.29 million
Capital $ 21.78 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MBank

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
2.815% 2.750% 0.88 $2,128 $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 MBank
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Branches

MBank 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


MBank Locations


Financial Details

MBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MBank. 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
MBank U.S. Bank Average
2.71% 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, MBank had $662,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $21,782,000 in equity and $2,642,000 in loans loss reserves. That gives it a Texas Ratio of 2.71%.

Return on Equity
MBank U.S. Bank Average
3.63% 7.80%

MBank has a Return on Equity of 3.63% 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
MBank U.S. Bank Average
13.23% 12.68%

MBank has a Capitalization of 13.23% 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.

MBank Balance Sheet Analysis

As of December 31, 2016, MBank had assets of $152,968,000, loans of $115,566,000, and deposits of $127,289,000. 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 $ 115.57 million
Loan loss allowance $ 2.64 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 $ 127.29 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 $ 164.65 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 MBank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Oregon, MBank 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 24.50
Multifamily
Mortgages
9.34
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 25.20
Construction and Development Loans 0.09
Commercial Real Estate 58.05
Commercial and Industrial Loans 8.99
Farm Loans 0.04

Frequently Asked Questions About Mbank

Branches and Savings

Is Mbank FDIC insured?

Yes. It is covered under FDIC Certificate #34093.

Why does Mbank pay such low interest on savings accounts?

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

Why are Mbank CD rates not competitive?

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

Is Mbank a commercial bank?

Yes

Where are Mbank locations?

See branch locations nearby.

Is Mbank open on Saturdays?

Is Mbank open on Sundays?

What time does Mbank open?

What time does Mbank close?

Are Mbank ATMs Open 24/7?

Do Mbank ATMs accept cash deposits?

Can Mbank customers use other ATMs?

Do Mbank branches have notaries?

Will Mbank notarize my document?

What address for Mbank should I put for incoming ACH transfers?

Will the Mbank branch print checks?

Do Mbank checks expire?

Does Mbank require US citizenship to open account?

Can Mbank close my account?

Does Mbank Report to credit bureaus?

Does Mbank Use Equifax?

What is Mbank's ACH Routing Number?

What is Mbank's SWIFT code?

Products

Does Mbank offer mortgages?

Compare mortgage rates here.

Does Mbank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mbank offer personal loans?

Compare personal loan rates here.

Does Mbank offer student loans?

Will Mbank cash a check?

Will Mbank redeem a savings bond?

Does Mbank cash savings bonds?

Will Mbank cash money orders?

Can Mbank issue a money order?

Does Mbank do currency exchange?

Background on The Bank

Who owns Mbank?

How long has Mbank been around?

Can Mbank transfer to other banks?

Does Mbank have quick pay?

Does Mbank accept rolled coins?

Will Mbank accept loose change?

Where is Mbank headquarters?

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