Quad City Bank and Trust Company

2118 Middle Road
Bettendorf, IA 52722

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33867
Date Established 1994
Assets $1.66 billion
Loans $1.26 billion
Deposits $1.43 billion
Capital $0.16 billion

Quad City Bank and Trust Company is an FDIC insured institution located in Bettendorf, IA. It was founded in 1994 and has approximately $1.66 billion in assets. Customers can open an account at one of its 5 branches.

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

Deposit Rates - October 17, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.01% $1 $9,999 Learn MoreShow Less
Money Market
0.01% $10,000 $24,999 Learn MoreShow Less
Money Market
0.01% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.01% $1 $24,999 Learn MoreShow Less
Premium Money Market Account
0.01% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
6 Mo CD
0.05% $500 - Learn MoreShow Less
12 Mo CD
0.95% $500 - Learn MoreShow Less
18 Mo CD
1.25% $500 - Learn MoreShow Less
24 Mo CD
0.20% $500 - Learn MoreShow Less
Special: 25 Mo CD
2.50% $500 - Learn MoreShow Less
36 Mo CD
0.35% $500 - Learn MoreShow Less
48 Mo CD
0.50% $500 - Learn MoreShow Less
60 Mo CD
0.60% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.95% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.01% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $749 Learn MoreShow Less
Int Ckg
0.01% $750 $9,999 Learn MoreShow Less

Loan Rates - October 17, 2019

Your Current Location: Washington, WA 98101

Auto Loan Rates APR Rate Monthly Payment
5 Year 5.83% 5.50% $477.53

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Quad City Bank and Trust Company 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:
Seattle,Washington


Quad City Bank and Trust Company Locations


Financial Details

Quad City Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Quad City Bank and Trust Company. 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
Quad City Bank and Trust Company U.S. Bank Average
7.47% 6.77%

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, 2019, Quad City Bank and Trust Company had $7,307,000 in non-current loans and $5,814,000 in owned real estate. To cover these potential losses it had $162,248,000 in equity and $13,466,000 in loans loss reserves. That gives it a Texas Ratio of 7.47%.

Return on Equity
Quad City Bank and Trust Company U.S. Bank Average
12.72% 9.50%

Quad City Bank and Trust Company has a Return on Equity of 12.72% versus the BestCashCow average of 9.50%. 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
Quad City Bank and Trust Company U.S. Bank Average
9.79% 12.76%

Quad City Bank and Trust Company has a Capitalization of 9.79% versus the BestCashCow average of 12.76. 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.

Quad City Bank and Trust Company Balance Sheet Analysis

As of June 30, 2019, Quad City Bank and Trust Company had assets of $1,656,873,000, loans of $1,259,934,000, and deposits of $1,434,467,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.08 billion
Interest-bearing balances $0.05 billion
Total securities $0.23 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $1.26 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.05 billion
     Total Assets $1.49 billion
LIABILITIES
Total deposits $1.43 billion
      Interest-bearing deposits $1.08 billion
      Deposits held in domestic offices $1.43 billion
      % insured (estimated) 56.88%
Federal funds purchased and repurchase agreements $0.03 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.03 billion
      Total Liabilities $1.49 billion
      Shareholders’ Equity $0.16 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.01 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

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

Compared to other banks in Iowa, Quad City Bank and Trust Company 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 13.00
Multifamily
Mortgages
2.32
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 4.85
Construction and Development Loans 5.58
Commercial Real Estate 23.81
Commercial and Industrial Loans 30.55
Farm Loans 0.04

Frequently Asked Questions About Quad City Bank And Trust Company

Branches and Savings

Is Quad City Bank And Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #33867.

Why does Quad City Bank And Trust Company pay such low interest on savings accounts?

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

Why are Quad City Bank And Trust Company CD rates not competitive?

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

Is Quad City Bank And Trust Company a commercial bank?

Yes

Where are Quad City Bank And Trust Company locations?

See branch locations nearby.

Is Quad City Bank And Trust Company open on Saturdays?

Is Quad City Bank And Trust Company open on Sundays?

What time does Quad City Bank And Trust Company open?

What time does Quad City Bank And Trust Company close?

Are Quad City Bank And Trust Company ATMs Open 24/7?

Do Quad City Bank And Trust Company ATMs accept cash deposits?

Can Quad City Bank And Trust Company customers use other ATMs?

Do Quad City Bank And Trust Company branches have notaries?

Will Quad City Bank And Trust Company notarize my document?

What address for Quad City Bank And Trust Company should I put for incoming ACH transfers?

Will the Quad City Bank And Trust Company branch print checks?

Do Quad City Bank And Trust Company checks expire?

Does Quad City Bank And Trust Company require US citizenship to open account?

Can Quad City Bank And Trust Company close my account?

Does Quad City Bank And Trust Company Report to credit bureaus?

Does Quad City Bank And Trust Company Use Equifax?

What is Quad City Bank And Trust Company's ACH Routing Number?

What is Quad City Bank And Trust Company's SWIFT code?

Products

Does Quad City Bank And Trust Company offer mortgages?

Compare mortgage rates here.

Does Quad City Bank And Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Quad City Bank And Trust Company offer personal loans?

Compare personal loan rates here.

Does Quad City Bank And Trust Company offer student loans?

Will Quad City Bank And Trust Company cash a check?

Will Quad City Bank And Trust Company redeem a savings bond?

Does Quad City Bank And Trust Company cash savings bonds?

Will Quad City Bank And Trust Company cash money orders?

Can Quad City Bank And Trust Company issue a money order?

Does Quad City Bank And Trust Company do currency exchange?

Background on The Bank

Who owns Quad City Bank And Trust Company?

How long has Quad City Bank And Trust Company been around?

Can Quad City Bank And Trust Company transfer to other banks?

Does Quad City Bank And Trust Company have quick pay?

Does Quad City Bank And Trust Company accept rolled coins?

Will Quad City Bank And Trust Company accept loose change?

Where is Quad City Bank And Trust Company headquarters?

Customer Reviews for Quad City Bank and Trust Company

There are currently no comments for Quad City Bank and Trust Company. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →