The Canandaigua National Bank and Trust Company

72 South Main Street
Canandaigua, NY 14424

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 6985
Date Established 1887
Assets $2.82 billion
Loans $2.29 billion
Deposits $2.22 billion
Capital $0.26 billion

The Canandaigua National Bank and Trust Company is an FDIC insured institution located in Canandaigua, NY. It was founded in 1887 and has approximately $2.82 billion in assets. Customers can open an account at one of its 25 branches.

For a more detailed analysis of The Canandaigua National Bank and Trust Company'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 The Canandaigua National Bank and Trust Company’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Commercial Real Estate.

Compared to other banks in New York, The Canandaigua National Bank and Trust Company has a significantly higher percent of Consumer Auto 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 29.72
Multifamily
Mortgages
6.09
Credit Card Loans 0.00
Consumer Auto Loans 24.20
Small Business Loans 5.96
Construction and Development Loans 3.24
Commercial Real Estate 23.57
Commercial and Industrial Loans 12.50
Farm Loans 0.03

Deposit Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.03% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.03% $1,000 - Learn MoreShow Less
6 Mo CD
0.03% $1,000 - Learn MoreShow Less
Special: 7 Mo CD
1.74% $500 - Learn MoreShow Less
12 Mo CD
0.12% $1,000 - Learn MoreShow Less
Special: 14 Mo CD
2.43% $500 - Learn MoreShow Less
18 Mo CD
0.22% $1,000 - Learn MoreShow Less
24 Mo CD
0.29% $1,000 - Learn MoreShow Less
Special: 29 Mo CD
2.93% $500 - Learn MoreShow Less
30 Mo CD
0.48% $1,000 - Learn MoreShow Less
36 Mo CD
0.57% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.22% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.08% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1,000 $2,499 Learn MoreShow Less
Int Ckg
0.03% $2,500 - Learn MoreShow Less

Loan Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Canandaigua National Bank and 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to The Canandaigua National Bank and Trust Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

The Canandaigua National 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:
Ashburn,Virginia


The Canandaigua National Bank and Trust Company Locations


Financial Details

The Canandaigua National Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Canandaigua National 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
The Canandaigua National Bank and Trust Company U.S. Bank Average
3.52% 7.34%

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 September 30, 2018, The Canandaigua National Bank and Trust Company had $9,634,000 in non-current loans and $159,000 in owned real estate. To cover these potential losses it had $257,208,000 in equity and $21,245,000 in loans loss reserves. That gives it a Texas Ratio of 3.52%.

Return on Equity
The Canandaigua National Bank and Trust Company U.S. Bank Average
16.77% 9.95%

The Canandaigua National Bank and Trust Company has a Return on Equity of 16.77% versus the BestCashCow average of 9.95%. 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
The Canandaigua National Bank and Trust Company U.S. Bank Average
9.12% 12.19%

The Canandaigua National Bank and Trust Company has a Capitalization of 9.12% versus the BestCashCow average of 12.19. 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.

The Canandaigua National Bank and Trust Company Balance Sheet Analysis

As of September 30, 2018, The Canandaigua National Bank and Trust Company had assets of $2,819,674,000, loans of $2,292,228,000, and deposits of $2,223,826,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.02 billion
Total securities $0.40 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.29 billion
Loan loss allowance $0.02 billion
Trading account assets $0.01 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 $0.04 billion
     Total Assets $2.56 billion
LIABILITIES
Total deposits $2.22 billion
      Interest-bearing deposits $1.68 billion
      Deposits held in domestic offices $2.22 billion
      % insured (estimated) 54.93%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.01 billion
Other borrowed funds $0.31 billion
Subordinated debt $0.00 billion
All other liabilities $0.03 billion
      Total Liabilities $2.56 billion
      Shareholders’ Equity $0.26 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.08 billion
Total Interest Expense $0.01 billion
Net interest income $0.07 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.04 billion
Total non interest expense $0.06 billion
Pre-tax Net Operating Income $0.04 billion

Frequently Asked Questions About The Canandaigua National Bank And Trust Company

Branches and Savings

Is The Canandaigua National Bank And Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #6985.

Why does The Canandaigua National 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 The Canandaigua National Bank And Trust Company CD rates not competitive?

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

Is The Canandaigua National Bank And Trust Company a commercial bank?

Yes

Where are The Canandaigua National Bank And Trust Company locations?

See branch locations nearby.

Is The Canandaigua National Bank And Trust Company open on Saturdays?

Is The Canandaigua National Bank And Trust Company open on Sundays?

What time does The Canandaigua National Bank And Trust Company open?

What time does The Canandaigua National Bank And Trust Company close?

Are The Canandaigua National Bank And Trust Company ATMs Open 24/7?

Do The Canandaigua National Bank And Trust Company ATMs accept cash deposits?

Can The Canandaigua National Bank And Trust Company customers use other ATMs?

Do The Canandaigua National Bank And Trust Company branches have notaries?

Will The Canandaigua National Bank And Trust Company notarize my document?

What address for The Canandaigua National Bank And Trust Company should I put for incoming ACH transfers?

Will the The Canandaigua National Bank And Trust Company branch print checks?

Do The Canandaigua National Bank And Trust Company checks expire?

Does The Canandaigua National Bank And Trust Company require US citizenship to open account?

Can The Canandaigua National Bank And Trust Company close my account?

Does The Canandaigua National Bank And Trust Company Report to credit bureaus?

Does The Canandaigua National Bank And Trust Company Use Equifax?

What is The Canandaigua National Bank And Trust Company's ACH Routing Number?

What is The Canandaigua National Bank And Trust Company's SWIFT code?

Products

Does The Canandaigua National Bank And Trust Company offer mortgages?

Compare mortgage rates here.

Does The Canandaigua National Bank And Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Canandaigua National Bank And Trust Company offer personal loans?

Compare personal loan rates here.

Does The Canandaigua National Bank And Trust Company offer student loans?

Will The Canandaigua National Bank And Trust Company cash a check?

Will The Canandaigua National Bank And Trust Company redeem a savings bond?

Does The Canandaigua National Bank And Trust Company cash savings bonds?

Will The Canandaigua National Bank And Trust Company cash money orders?

Can The Canandaigua National Bank And Trust Company issue a money order?

Does The Canandaigua National Bank And Trust Company do currency exchange?

Background on The Bank

Who owns The Canandaigua National Bank And Trust Company?

How long has The Canandaigua National Bank And Trust Company been around?

Can The Canandaigua National Bank And Trust Company transfer to other banks?

Does The Canandaigua National Bank And Trust Company have quick pay?

Does The Canandaigua National Bank And Trust Company accept rolled coins?

Will The Canandaigua National Bank And Trust Company accept loose change?

Where is The Canandaigua National Bank And Trust Company headquarters?

Customer Reviews for The Canandaigua National Bank and Trust Company

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

Add Your Review

Rate it here →