New Century Bank

Headquarters

1211 28th Street
Belleville, KS 66935
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.50% 0.95% →
1-Year CD 0.90% 1.01% →
2-Year CD 1.26% 0.95% →
5-Year CD 1.51% 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

New Century Bank is an FDIC insured institution located in Belleville, KS. It was founded in 1905 and has approximately $0.06 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 8108
Date Established 1905
Assets $ 60.12 million
Loans $ 52.07 million
Deposits $ 51.76 million
Capital $ 5.98 million
 

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

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Savings
0.50% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.30% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
3 Mo CD
0.30% $100,000 $199,999 Learn More
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.90% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.90% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.90% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
1.26% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
1.26% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
1.36% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
1.36% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
1.41% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
1.41% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.51% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.51% $100,000 $199,999 Learn More
60 Mo CD
1.51% $10,000 $14,999 Learn More
60 Mo CD
1.51% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for New Century Bank

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.664% 2.625% 0.50 $1,285 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.444% 2.375% 0.88 $2,304 $972 Learn More

Featured - Virginia 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
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to New Century Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

New Century 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:
Ashburn,Virginia


New Century Bank Locations


Financial Details

New Century Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New Century 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
New Century Bank U.S. Bank Average
8.59% 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, New Century Bank had $568,000 in non-current loans and $21,000 in owned real estate. To cover these potential losses it had $5,983,000 in equity and $874,000 in loans loss reserves. That gives it a Texas Ratio of 8.59%.

Return on Equity
New Century Bank U.S. Bank Average
12.15% 7.80%

New Century Bank has a Return on Equity of 12.15% 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
New Century Bank U.S. Bank Average
9.95% 12.68%

New Century Bank has a Capitalization of 9.95% 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.

New Century Bank Balance Sheet Analysis

As of March 31, 2020, New Century Bank had assets of $60,119,000, loans of $52,073,000, and deposits of $51,757,000. 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 $ 1.48 million
Interest-bearing balances $ 0.08 million
Total securities N.A.
Federal funds sold and reverse repurchase $ 4.75 million
Net loans and leases $ 52.07 million
Loan loss allowance $ 0.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles N.A.
All other assets $ 0.55 million
     Total Assets $ 54.14 million
LIABILITIES
Total deposits $ 51.76 million
      Interest-bearing deposits $ 46.77 million
      Deposits held in domestic offices $ 51.76 million
      % insured (estimated) 93.31%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.61 million
Subordinated debt N.A.
All other liabilities $ 0.77 million
      Total Liabilities $ 54.14 million
      Shareholders’ Equity $ 5.98 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.02 million
Total Interest Expense $ 0.26 million
Net interest income $ 0.76 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.13 million
Total non interest expense $ 0.69 million
Pre-tax Net Operating Income $ 0.17 million

Bank Loan Profile?

The top three loan types in New Century Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks in Kansas, New Century Bank has a significantly higher percent of 1-4 Family Residential Loans, Construction and Development 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 46.44
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.48
Small Business Loans 0.00
Construction and Development Loans 31.86
Commercial Real Estate 5.33
Commercial and Industrial Loans 2.16
Farm Loans 0.92

Frequently Asked Questions About New Century Bank

Branches and Savings

Is New Century Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8108.

Why does New Century Bank pay such low interest on savings accounts?

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

Why are New Century Bank CD rates not competitive?

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

Is New Century Bank a commercial bank?

Yes

Where are New Century Bank locations?

See branch locations nearby.

Is New Century Bank open on Saturdays?

Is New Century Bank open on Sundays?

What time does New Century Bank open?

What time does New Century Bank close?

Are New Century Bank ATMs Open 24/7?

Do New Century Bank ATMs accept cash deposits?

Can New Century Bank customers use other ATMs?

Do New Century Bank branches have notaries?

Will New Century Bank notarize my document?

What address for New Century Bank should I put for incoming ACH transfers?

Will the New Century Bank branch print checks?

Do New Century Bank checks expire?

Does New Century Bank require US citizenship to open account?

Can New Century Bank close my account?

Does New Century Bank Report to credit bureaus?

Does New Century Bank Use Equifax?

What is New Century Bank's ACH Routing Number?

What is New Century Bank's SWIFT code?

Products

Does New Century Bank offer mortgages?

Compare mortgage rates here.

Does New Century Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does New Century Bank offer personal loans?

Compare personal loan rates here.

Does New Century Bank offer student loans?

Will New Century Bank cash a check?

Will New Century Bank redeem a savings bond?

Does New Century Bank cash savings bonds?

Will New Century Bank cash money orders?

Can New Century Bank issue a money order?

Does New Century Bank do currency exchange?

Background on The Bank

Who owns New Century Bank?

How long has New Century Bank been around?

Can New Century Bank transfer to other banks?

Does New Century Bank have quick pay?

Does New Century Bank accept rolled coins?

Will New Century Bank accept loose change?

Where is New Century Bank headquarters?

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