Nano Banc

25220 Hancock Avenue, Suite #140
Murrieta, CA 92562

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58590
Date Established 2007
Assets $0.22 billion
Loans $0.16 billion
Deposits $0.15 billion
Capital $0.07 billion

Nano Banc is an FDIC insured institution located in Murrieta, CA. It was founded in 2007 and has approximately $0.22 billion in assets.

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

Bank Loan Profile?

The top three loan types in Nano Banc’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks in California, Nano Banc has a significantly higher percent of Commercial and Industrial 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 2.19
Multifamily
Mortgages
12.83
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.13
Construction and Development Loans 3.25
Commercial Real Estate 36.77
Commercial and Industrial Loans 45.75
Farm Loans 0.00

Deposit Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $1,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $74,999 Learn MoreShow Less
Premium Money Market Account
0.40% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
0.55% $100,000 - Learn MoreShow Less
6 Mo CD
0.35% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.65% $100,000 - Learn MoreShow Less
12 Mo CD
0.55% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
0.80% $100,000 - Learn MoreShow Less
18 Mo CD
0.55% $10,000 $24,999 Learn MoreShow Less
18 Mo CD
0.80% $100,000 - Learn MoreShow Less
24 Mo CD
0.55% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
0.80% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.45% $1,000 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $999 Learn MoreShow Less
Int Ckg
0.10% $1,000 $9,999 Learn MoreShow Less

Loan Rates - December 19, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Nano Banc

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.691% 4.625% 0.38 $2,024 $1,286 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Nano Banc
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Nano Banc 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


Nano Banc Locations

Financial Details

Nano Banc Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nano Banc. 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
Nano Banc U.S. Bank Average
0.43% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 June 30, 2018, Nano Banc had $288,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $65,710,000 in equity and $1,138,000 in loans loss reserves. That gives it a Texas Ratio of 0.43%.

Return on Equity
Nano Banc U.S. Bank Average
-14.07% 9.77%

Nano Banc has a Return on Equity of -14.07% versus the BestCashCow average of 9.77%. 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
Nano Banc U.S. Bank Average
30.24% 12.31%

Nano Banc has a Capitalization of 30.24% versus the BestCashCow average of 12.31. 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.

Nano Banc Balance Sheet Analysis

As of June 30, 2018, Nano Banc had assets of $217,261,000, loans of $158,170,000, and deposits of $150,571,000. 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

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.04 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.16 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.01 billion
     Total Assets $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 36.90%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.15 billion
      Shareholders’ Equity $0.07 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $-0.00 billion

Frequently Asked Questions About Nano Banc

Branches and Savings

Is Nano Banc FDIC insured?

Yes. It is covered under FDIC Certificate #58590.

Why does Nano Banc pay such low interest on savings accounts?

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

Why are Nano Banc CD rates not competitive?

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

Is Nano Banc a commercial bank?

Yes

Where are Nano Banc locations?

See branch locations nearby.

Is Nano Banc open on Saturdays?

Is Nano Banc open on Sundays?

What time does Nano Banc open?

What time does Nano Banc close?

Are Nano Banc ATMs Open 24/7?

Do Nano Banc ATMs accept cash deposits?

Can Nano Banc customers use other ATMs?

Do Nano Banc branches have notaries?

Will Nano Banc notarize my document?

What address for Nano Banc should I put for incoming ACH transfers?

Will the Nano Banc branch print checks?

Do Nano Banc checks expire?

Does Nano Banc require US citizenship to open account?

Can Nano Banc close my account?

Does Nano Banc Report to credit bureaus?

Does Nano Banc Use Equifax?

What is Nano Banc's ACH Routing Number?

What is Nano Banc's SWIFT code?

Products

Does Nano Banc offer mortgages?

Compare mortgage rates here.

Does Nano Banc offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nano Banc offer personal loans?

Compare personal loan rates here.

Does Nano Banc offer student loans?

Will Nano Banc cash a check?

Will Nano Banc redeem a savings bond?

Does Nano Banc cash savings bonds?

Will Nano Banc cash money orders?

Can Nano Banc issue a money order?

Does Nano Banc do currency exchange?

Background on The Bank

Who owns Nano Banc?

How long has Nano Banc been around?

Can Nano Banc transfer to other banks?

Does Nano Banc have quick pay?

Does Nano Banc accept rolled coins?

Will Nano Banc accept loose change?

Where is Nano Banc headquarters?

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*All images, logos and public notes on this page appear courtesy of Nano Banc and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.