Queensborough National Bank & Trust Company

Headquarters

113 East Broad Street
Louisville, GA 30434
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 1.60% →
1-Year CD 0.50% 1.55% →
2-Year CD 0.55% 1.45% →
5-Year CD 0.75% 1.66% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Queensborough National Bank & Trust Company is an FDIC insured institution located in Louisville, GA. It was founded in 1902 and has approximately $1.22 billion in assets. Customers can open an account at one of its 25 branches.

FDIC Insured Yes
FDIC Certificate # 2138
Date Established 1902
Assets $ 1,220.65 million
Loans $ 809.95 million
Deposits $ 1,083.90 million
Capital $ 122.64 million
 

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

Deposit Rates - June 3, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.01% $200 - Learn More
Money Market
0.10% $2,500 $10,000 Learn More
Money Market
0.15% $10,001 $50,000 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.30% $500 - Learn More
6 Mo CD
0.40% $500 - Learn More
12 Mo CD
0.50% $500 - Learn More
Special: 15 Mo CD
0.65% $500 - Learn More
18 Mo CD
0.50% $500 - Learn More
24 Mo CD
0.55% $500 - Learn More
Special: 27 Mo CD
0.75% $500 - Learn More
30 Mo CD
0.60% $500 - Learn More
36 Mo CD
0.60% $500 - Learn More
48 Mo CD
0.65% $500 - Learn More
60 Mo CD
0.75% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.55% $100 - Learn MoreShow Less
Special: 15 Mo FIRA
0.65% $500 - Learn MoreShow Less
Special: 27 Mo FIRA
0.75% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 $25,000 Learn MoreShow Less

Loan Rates - June 3, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Queensborough National Bank & Trust Company

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
3.019% 3.000% 0.25 $625 $1,055 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
First Internet Bank
NMLS ID: 424182
3.184% 3.125% 0.75 $1,878 $1,071 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Note to Queensborough National Bank & Trust Company
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Branches

Queensborough National Bank & 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:
Ashburn,Virginia


Queensborough National Bank & Trust Company Locations


Financial Details

Queensborough National Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Queensborough National Bank & 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
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
Queensborough National Bank & Trust Company U.S. Bank Average
29.58% 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, Queensborough National Bank & Trust Company had $35,669,000 in non-current loans and $3,885,000 in owned real estate. To cover these potential losses it had $122,636,000 in equity and $11,070,000 in loans loss reserves. That gives it a Texas Ratio of 29.58%.

Return on Equity
Queensborough National Bank & Trust Company U.S. Bank Average
12.44% 9.41%

Queensborough National Bank & Trust Company has a Return on Equity of 12.44% 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
Queensborough National Bank & Trust Company U.S. Bank Average
10.05% 12.82%

Queensborough National Bank & Trust Company has a Capitalization of 10.05% 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.

Queensborough National Bank & Trust Company Balance Sheet Analysis

As of December 31, 2019, Queensborough National Bank & Trust Company had assets of $1,220,650,000, loans of $809,946,000, and deposits of $1,083,902,000. 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 $ 96.04 million
Interest-bearing balances $ 74.88 million
Total securities $ 235.77 million
Federal funds sold and reverse repurchase $ 10.00 million
Net loans and leases $ 809.95 million
Loan loss allowance $ 11.07 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.89 million
Goodwill and other intangibles $ 3.13 million
All other assets $ 32.11 million
     Total Assets $ 1,098.01 million
LIABILITIES
Total deposits $ 1,083.90 million
      Interest-bearing deposits $ 727.82 million
      Deposits held in domestic offices $ 1,083.90 million
      % insured (estimated) 70.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.00 million
Subordinated debt N.A.
All other liabilities $ 4.11 million
      Total Liabilities $ 1,098.01 million
      Shareholders’ Equity $ 122.64 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 51.47 million
Total Interest Expense $ 6.58 million
Net interest income $ 44.89 million
Provision for loan and lease losses N.A.
Total non interest income $ 16.52 million
Total non interest expense $ 42.76 million
Pre-tax Net Operating Income $ 18.90 million

Bank Loan Profile?

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

Compared to other banks, Queensborough National Bank & Trust Company’s loan portfolio does not show any specific loan specialty.

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 20.78
Multifamily
Mortgages
1.99
Credit Card Loans 0.00
Consumer Auto Loans 0.76
Small Business Loans 18.82
Construction and Development Loans 8.46
Commercial Real Estate 36.62
Commercial and Industrial Loans 9.15
Farm Loans 4.20

Frequently Asked Questions About Queensborough National Bank & Trust Company

Branches and Savings

Is Queensborough National Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #2138.

Why does Queensborough National Bank & 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 Queensborough National Bank & Trust Company CD rates not competitive?

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

Is Queensborough National Bank & Trust Company a commercial bank?

Yes

Where are Queensborough National Bank & Trust Company locations?

See branch locations nearby.

Is Queensborough National Bank & Trust Company open on Saturdays?

Is Queensborough National Bank & Trust Company open on Sundays?

What time does Queensborough National Bank & Trust Company open?

What time does Queensborough National Bank & Trust Company close?

Are Queensborough National Bank & Trust Company ATMs Open 24/7?

Do Queensborough National Bank & Trust Company ATMs accept cash deposits?

Can Queensborough National Bank & Trust Company customers use other ATMs?

Do Queensborough National Bank & Trust Company branches have notaries?

Will Queensborough National Bank & Trust Company notarize my document?

What address for Queensborough National Bank & Trust Company should I put for incoming ACH transfers?

Will the Queensborough National Bank & Trust Company branch print checks?

Do Queensborough National Bank & Trust Company checks expire?

Does Queensborough National Bank & Trust Company require US citizenship to open account?

Can Queensborough National Bank & Trust Company close my account?

Does Queensborough National Bank & Trust Company Report to credit bureaus?

Does Queensborough National Bank & Trust Company Use Equifax?

What is Queensborough National Bank & Trust Company's ACH Routing Number?

What is Queensborough National Bank & Trust Company's SWIFT code?

Products

Does Queensborough National Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Queensborough National Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Queensborough National Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Queensborough National Bank & Trust Company offer student loans?

Will Queensborough National Bank & Trust Company cash a check?

Will Queensborough National Bank & Trust Company redeem a savings bond?

Does Queensborough National Bank & Trust Company cash savings bonds?

Will Queensborough National Bank & Trust Company cash money orders?

Can Queensborough National Bank & Trust Company issue a money order?

Does Queensborough National Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Queensborough National Bank & Trust Company?

How long has Queensborough National Bank & Trust Company been around?

Can Queensborough National Bank & Trust Company transfer to other banks?

Does Queensborough National Bank & Trust Company have quick pay?

Does Queensborough National Bank & Trust Company accept rolled coins?

Will Queensborough National Bank & Trust Company accept loose change?

Where is Queensborough National Bank & Trust Company headquarters?

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