The Citizens National Bank of McConnelsville

100 East Main Street
Mcconnelsville, OH 43756

Notable Rates APY Vs.Others
Savings 0.20% 1.90% →
1-Year CD 0.85% 1.90% →
2-Year CD 0.95% 1.95% →
5-Year CD 1.80% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

The Citizens National Bank of McConnelsville is an FDIC insured institution located in Mcconnelsville, OH. It was founded in 1900 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 6638
Date Established 1900
Assets $0.10 billion
Loans $0.07 billion
Deposits $0.07 billion
Capital $0.01 billion
 

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

Deposit Rates - April 7, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 $9,999 Learn MoreShow Less
Money Market
0.40% $10,000 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
0.60% $5,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $1,000 $4,999 Learn MoreShow Less
Special: 60 Mo FIRA
1.80% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 $2,499 Learn MoreShow Less
Int Ckg
0.20% $2,500 $24,999 Learn MoreShow Less

Loan Rates - April 7, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The Citizens National Bank of McConnelsville

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.542% 4.500% 0.00 $1,250 $1,267 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to The Citizens National Bank of McConnelsville
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Branches

The Citizens National Bank of McConnelsville 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


The Citizens National Bank of McConnelsville Locations


Financial Details

The Citizens National Bank of McConnelsville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Citizens National Bank of McConnelsville. 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 Citizens National Bank of McConnelsville U.S. Bank Average
10.47% 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, The Citizens National Bank of McConnelsville had $1,263,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,376,000 in equity and $683,000 in loans loss reserves. That gives it a Texas Ratio of 10.47%.

Return on Equity
The Citizens National Bank of McConnelsville U.S. Bank Average
7.5% 9.41%

The Citizens National Bank of McConnelsville has a Return on Equity of 7.5% 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
The Citizens National Bank of McConnelsville U.S. Bank Average
11.52% 12.82%

The Citizens National Bank of McConnelsville has a Capitalization of 11.52% 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.

The Citizens National Bank of McConnelsville Balance Sheet Analysis

As of December 31, 2019, The Citizens National Bank of McConnelsville had assets of $98,767,000, loans of $67,477,000, and deposits of $74,145,000. 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 $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.07 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 $0.09 billion
LIABILITIES
Total deposits $0.07 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.07 billion
      % insured (estimated) 80.54%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 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 The Citizens National Bank of McConnelsville’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, The Citizens National Bank of McConnelsville’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 69.55
Multifamily
Mortgages
0.66
Credit Card Loans 0.00
Consumer Auto Loans 1.94
Small Business Loans 7.47
Construction and Development Loans 2.37
Commercial Real Estate 10.64
Commercial and Industrial Loans 2.66
Farm Loans 0.28

Frequently Asked Questions About The Citizens National Bank Of Mcconnelsville

Branches and Savings

Is The Citizens National Bank Of Mcconnelsville FDIC insured?

Yes. It is covered under FDIC Certificate #6638.

Why does The Citizens National Bank Of Mcconnelsville pay such low interest on savings accounts?

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

Why are The Citizens National Bank Of Mcconnelsville CD rates not competitive?

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

Is The Citizens National Bank Of Mcconnelsville a commercial bank?

Yes

Where are The Citizens National Bank Of Mcconnelsville locations?

See branch locations nearby.

Is The Citizens National Bank Of Mcconnelsville open on Saturdays?

Is The Citizens National Bank Of Mcconnelsville open on Sundays?

What time does The Citizens National Bank Of Mcconnelsville open?

What time does The Citizens National Bank Of Mcconnelsville close?

Are The Citizens National Bank Of Mcconnelsville ATMs Open 24/7?

Do The Citizens National Bank Of Mcconnelsville ATMs accept cash deposits?

Can The Citizens National Bank Of Mcconnelsville customers use other ATMs?

Do The Citizens National Bank Of Mcconnelsville branches have notaries?

Will The Citizens National Bank Of Mcconnelsville notarize my document?

What address for The Citizens National Bank Of Mcconnelsville should I put for incoming ACH transfers?

Will the The Citizens National Bank Of Mcconnelsville branch print checks?

Do The Citizens National Bank Of Mcconnelsville checks expire?

Does The Citizens National Bank Of Mcconnelsville require US citizenship to open account?

Can The Citizens National Bank Of Mcconnelsville close my account?

Does The Citizens National Bank Of Mcconnelsville Report to credit bureaus?

Does The Citizens National Bank Of Mcconnelsville Use Equifax?

What is The Citizens National Bank Of Mcconnelsville's ACH Routing Number?

What is The Citizens National Bank Of Mcconnelsville's SWIFT code?

Products

Does The Citizens National Bank Of Mcconnelsville offer mortgages?

Compare mortgage rates here.

Does The Citizens National Bank Of Mcconnelsville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Citizens National Bank Of Mcconnelsville offer personal loans?

Compare personal loan rates here.

Does The Citizens National Bank Of Mcconnelsville offer student loans?

Will The Citizens National Bank Of Mcconnelsville cash a check?

Will The Citizens National Bank Of Mcconnelsville redeem a savings bond?

Does The Citizens National Bank Of Mcconnelsville cash savings bonds?

Will The Citizens National Bank Of Mcconnelsville cash money orders?

Can The Citizens National Bank Of Mcconnelsville issue a money order?

Does The Citizens National Bank Of Mcconnelsville do currency exchange?

Background on The Bank

Who owns The Citizens National Bank Of Mcconnelsville?

How long has The Citizens National Bank Of Mcconnelsville been around?

Can The Citizens National Bank Of Mcconnelsville transfer to other banks?

Does The Citizens National Bank Of Mcconnelsville have quick pay?

Does The Citizens National Bank Of Mcconnelsville accept rolled coins?

Will The Citizens National Bank Of Mcconnelsville accept loose change?

Where is The Citizens National Bank Of Mcconnelsville headquarters?

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