MCNB Bank and Trust Co.

Headquarters

75 Wyoming Street
Welch, WV 24801
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 1.60% →
1-Year CD 0.50% 1.55% →
2-Year CD 0.75% 1.45% →
5-Year CD 1.00% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

MCNB Bank and Trust Co. is an FDIC insured institution located in Welch, WV. It was founded in 1900 and has approximately $0.3 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 6803
Date Established 1900
Assets $ 301.43 million
Loans $ 206.28 million
Deposits $ 255.63 million
Capital $ 33.88 million
 

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

Deposit Rates - May 30, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.30% $100 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.30% $1,000 - Learn More
6 Mo CD
0.40% $1,000 - Learn More
Special: 9 Mo CD
0.75% $1,000 - Learn More
12 Mo CD
0.50% $1,000 - Learn More
18 Mo CD
0.55% $1,000 - Learn More
24 Mo CD
0.75% $1,000 - Learn More
30 Mo CD
0.75% $1,000 - Learn More
36 Mo CD
0.80% $1,000 - Learn More
48 Mo CD
0.90% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $1,000 - Learn MoreShow Less
Special: 9 Mo FIRA
0.75% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1,500 - Learn MoreShow Less

Loan Rates - May 30, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MCNB Bank and Trust Co.

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

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.952% 2.875% 1.00 $2,485 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Note to MCNB Bank and Trust Co.
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Branches

MCNB Bank and Trust Co. 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


MCNB Bank and Trust Co. Locations


Financial Details

MCNB Bank and Trust Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MCNB Bank and Trust Co.. 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
Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
MCNB Bank and Trust Co. U.S. Bank Average
42.61% 6.51%

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 December 31, 2019, MCNB Bank and Trust Co. had $6,568,000 in non-current loans and $9,260,000 in owned real estate. To cover these potential losses it had $33,879,000 in equity and $3,270,000 in loans loss reserves. That gives it a Texas Ratio of 42.61%.

Return on Equity
MCNB Bank and Trust Co. U.S. Bank Average
6.94% 9.41%

MCNB Bank and Trust Co. has a Return on Equity of 6.94% versus the BestCashCow average of 9.41%. 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
MCNB Bank and Trust Co. U.S. Bank Average
11.24% 12.82%

MCNB Bank and Trust Co. has a Capitalization of 11.24% versus the BestCashCow average of 12.82. 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.

MCNB Bank and Trust Co. Balance Sheet Analysis

As of December 31, 2019, MCNB Bank and Trust Co. had assets of $301,427,000, loans of $206,279,000, and deposits of $255,631,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 27.08 million
Interest-bearing balances $ 17.10 million
Total securities $ 42.15 million
Federal funds sold and reverse repurchase $ 0.25 million
Net loans and leases $ 206.28 million
Loan loss allowance $ 3.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 9.26 million
Goodwill and other intangibles N.A.
All other assets $ 10.69 million
     Total Assets $ 267.55 million
LIABILITIES
Total deposits $ 255.63 million
      Interest-bearing deposits $ 229.13 million
      Deposits held in domestic offices $ 255.63 million
      % insured (estimated) 77.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 9.16 million
Subordinated debt N.A.
All other liabilities $ 2.76 million
      Total Liabilities $ 267.55 million
      Shareholders’ Equity $ 33.88 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 12.98 million
Total Interest Expense $ 2.86 million
Net interest income $ 10.11 million
Provision for loan and lease losses $ 0.64 million
Total non interest income $ 2.66 million
Total non interest expense $ 9.48 million
Pre-tax Net Operating Income $ 2.65 million

Bank Loan Profile?

The top three loan types in MCNB Bank and Trust Co.’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in West Virginia, MCNB Bank and Trust Co. has a significantly higher percent of Multifamily Mortgages, 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 25.72
Multifamily
Mortgages
9.01
Credit Card Loans 0.00
Consumer Auto Loans 0.11
Small Business Loans 9.99
Construction and Development Loans 3.80
Commercial Real Estate 49.57
Commercial and Industrial Loans 8.55
Farm Loans 0.07

Frequently Asked Questions About Mcnb Bank And Trust Co.

Branches and Savings

Is Mcnb Bank And Trust Co. FDIC insured?

Yes. It is covered under FDIC Certificate #6803.

Why does Mcnb Bank And Trust Co. pay such low interest on savings accounts?

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

Why are Mcnb Bank And Trust Co. CD rates not competitive?

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

Is Mcnb Bank And Trust Co. a commercial bank?

Yes

Where are Mcnb Bank And Trust Co. locations?

See branch locations nearby.

Is Mcnb Bank And Trust Co. open on Saturdays?

Is Mcnb Bank And Trust Co. open on Sundays?

What time does Mcnb Bank And Trust Co. open?

What time does Mcnb Bank And Trust Co. close?

Are Mcnb Bank And Trust Co. ATMs Open 24/7?

Do Mcnb Bank And Trust Co. ATMs accept cash deposits?

Can Mcnb Bank And Trust Co. customers use other ATMs?

Do Mcnb Bank And Trust Co. branches have notaries?

Will Mcnb Bank And Trust Co. notarize my document?

What address for Mcnb Bank And Trust Co. should I put for incoming ACH transfers?

Will the Mcnb Bank And Trust Co. branch print checks?

Do Mcnb Bank And Trust Co. checks expire?

Does Mcnb Bank And Trust Co. require US citizenship to open account?

Can Mcnb Bank And Trust Co. close my account?

Does Mcnb Bank And Trust Co. Report to credit bureaus?

Does Mcnb Bank And Trust Co. Use Equifax?

What is Mcnb Bank And Trust Co.'s ACH Routing Number?

What is Mcnb Bank And Trust Co.'s SWIFT code?

Products

Does Mcnb Bank And Trust Co. offer mortgages?

Compare mortgage rates here.

Does Mcnb Bank And Trust Co. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mcnb Bank And Trust Co. offer personal loans?

Compare personal loan rates here.

Does Mcnb Bank And Trust Co. offer student loans?

Will Mcnb Bank And Trust Co. cash a check?

Will Mcnb Bank And Trust Co. redeem a savings bond?

Does Mcnb Bank And Trust Co. cash savings bonds?

Will Mcnb Bank And Trust Co. cash money orders?

Can Mcnb Bank And Trust Co. issue a money order?

Does Mcnb Bank And Trust Co. do currency exchange?

Background on The Bank

Who owns Mcnb Bank And Trust Co.?

How long has Mcnb Bank And Trust Co. been around?

Can Mcnb Bank And Trust Co. transfer to other banks?

Does Mcnb Bank And Trust Co. have quick pay?

Does Mcnb Bank And Trust Co. accept rolled coins?

Will Mcnb Bank And Trust Co. accept loose change?

Where is Mcnb Bank And Trust Co. headquarters?

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