Sherwood Community Bank

202 D Street
Creighton, MO 64739

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1612
Date Established 1902
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.00 billion

Sherwood Community Bank is an FDIC insured institution located in Creighton, MO. It was founded in 1902 and has approximately $0.05 billion in assets. Customers can open an account at one of its 4 branches.

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

Deposit Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1,000 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $500 - Learn MoreShow Less
6 Mo CD
0.31% $500 - Learn MoreShow Less
12 Mo CD
0.51% $500 - Learn MoreShow Less
18 Mo CD
0.61% $500 - Learn MoreShow Less
24 Mo CD
0.86% $500 - Learn MoreShow Less
36 Mo CD
1.51% $500 - Learn MoreShow Less
48 Mo CD
1.61% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.31% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less

Loan Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Sherwood Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.515% 3.500% 0.25 $478 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
3.750% 3.750% 0.00 ($98) $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Sherwood Community Bank
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Branches

Sherwood Community 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:
Fairfield,Connecticut


Sherwood Community Bank Locations


Financial Details

Sherwood Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Sherwood Community 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
Sherwood Community Bank U.S. Bank Average
5.4% 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, Sherwood Community Bank had $280,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,839,000 in equity and $345,000 in loans loss reserves. That gives it a Texas Ratio of 5.4%.

Return on Equity
Sherwood Community Bank U.S. Bank Average
4.77% 9.50%

Sherwood Community Bank has a Return on Equity of 4.77% 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
Sherwood Community Bank U.S. Bank Average
9.98% 12.76%

Sherwood Community Bank has a Capitalization of 9.98% 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.

Sherwood Community Bank Balance Sheet Analysis

As of June 30, 2019, Sherwood Community Bank had assets of $48,481,000, loans of $28,306,000, and deposits of $43,611,000. 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 $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.00 billion
All other assets $0.00 billion
     Total Assets $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 90.02%
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 $0.04 billion
      Shareholders’ Equity $0.00 billion

Summary Income Statement

June 30, 2019
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

Bank Loan Profile?

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

Compared to other banks in Missouri, Sherwood Community Bank has a significantly higher percent of Small Business 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 45.16
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.02
Small Business Loans 20.55
Construction and Development Loans 10.39
Commercial Real Estate 20.55
Commercial and Industrial Loans 4.55
Farm Loans 2.38

Frequently Asked Questions About Sherwood Community Bank

Branches and Savings

Is Sherwood Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #1612.

Why does Sherwood Community Bank pay such low interest on savings accounts?

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

Why are Sherwood Community Bank CD rates not competitive?

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

Is Sherwood Community Bank a commercial bank?

Yes

Where are Sherwood Community Bank locations?

See branch locations nearby.

Is Sherwood Community Bank open on Saturdays?

Is Sherwood Community Bank open on Sundays?

What time does Sherwood Community Bank open?

What time does Sherwood Community Bank close?

Are Sherwood Community Bank ATMs Open 24/7?

Do Sherwood Community Bank ATMs accept cash deposits?

Can Sherwood Community Bank customers use other ATMs?

Do Sherwood Community Bank branches have notaries?

Will Sherwood Community Bank notarize my document?

What address for Sherwood Community Bank should I put for incoming ACH transfers?

Will the Sherwood Community Bank branch print checks?

Do Sherwood Community Bank checks expire?

Does Sherwood Community Bank require US citizenship to open account?

Can Sherwood Community Bank close my account?

Does Sherwood Community Bank Report to credit bureaus?

Does Sherwood Community Bank Use Equifax?

What is Sherwood Community Bank's ACH Routing Number?

What is Sherwood Community Bank's SWIFT code?

Products

Does Sherwood Community Bank offer mortgages?

Compare mortgage rates here.

Does Sherwood Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Sherwood Community Bank offer personal loans?

Compare personal loan rates here.

Does Sherwood Community Bank offer student loans?

Will Sherwood Community Bank cash a check?

Will Sherwood Community Bank redeem a savings bond?

Does Sherwood Community Bank cash savings bonds?

Will Sherwood Community Bank cash money orders?

Can Sherwood Community Bank issue a money order?

Does Sherwood Community Bank do currency exchange?

Background on The Bank

Who owns Sherwood Community Bank?

How long has Sherwood Community Bank been around?

Can Sherwood Community Bank transfer to other banks?

Does Sherwood Community Bank have quick pay?

Does Sherwood Community Bank accept rolled coins?

Will Sherwood Community Bank accept loose change?

Where is Sherwood Community Bank headquarters?

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