The First National Bank of Manchester

120 Town Branch Road
Manchester, KY 40962

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2708
Date Established 1905
Assets $0.14 billion
Loans $0.06 billion
Deposits $0.12 billion
Capital $0.02 billion

The First National Bank of Manchester is an FDIC insured institution located in Manchester, KY. It was founded in 1905 and has approximately $0.14 billion in assets. Customers can open an account at one of its 5 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.15% $1,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.20% $25,000 - Learn MoreShow Less
CD Rates APY MIN MAX
0.35% $500 $99,999 Learn MoreShow Less
0.75% $500 $99,999 Learn MoreShow Less
1.00% $500 $99,999 Learn MoreShow Less
18 Mo CD
1.00% $500 $99,999 Learn MoreShow Less
2.27% $500 $99,999 Learn MoreShow Less
1.26% $500 $99,999 Learn MoreShow Less
1.26% $500 $99,999 Learn MoreShow Less
1.26% $500 $99,999 Learn MoreShow Less
2.02% $500 $99,999 Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.65% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The First National Bank of Manchester

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 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
4.240 %
$0 Learn More
More Info

Note to The First National Bank of Manchester
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Branches

The First National Bank of Manchester 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 First National Bank of Manchester Locations


Financial Details

The First National Bank of Manchester Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First National Bank of Manchester. 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 First National Bank of Manchester U.S. Bank Average
7.5% 6.94%

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 March 31, 2019, The First National Bank of Manchester had $1,559,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $19,425,000 in equity and $1,360,000 in loans loss reserves. That gives it a Texas Ratio of 7.5%.

Return on Equity
The First National Bank of Manchester U.S. Bank Average
6.76% 9.47%

The First National Bank of Manchester has a Return on Equity of 6.76% versus the BestCashCow average of 9.47%. 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 First National Bank of Manchester U.S. Bank Average
13.95% 12.49%

The First National Bank of Manchester has a Capitalization of 13.95% versus the BestCashCow average of 12.49. 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 First National Bank of Manchester Balance Sheet Analysis

As of March 31, 2019, The First National Bank of Manchester had assets of $139,265,000, loans of $64,963,000, and deposits of $119,698,000. 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

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 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 $0.12 billion
LIABILITIES
Total deposits $0.12 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.12 billion
      % insured (estimated) 81.48%
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 $0.12 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

March 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 First National Bank of Manchester’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, The First National Bank of Manchester has a significantly higher percent of Commercial Real Estate 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 30.42
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.22
Small Business Loans 0.00
Construction and Development Loans 5.15
Commercial Real Estate 45.23
Commercial and Industrial Loans 9.34
Farm Loans 0.00

Frequently Asked Questions About The First National Bank Of Manchester

Branches and Savings

Is The First National Bank Of Manchester FDIC insured?

Yes. It is covered under FDIC Certificate #2708.

Why does The First National Bank Of Manchester pay such low interest on savings accounts?

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

Why are The First National Bank Of Manchester CD rates not competitive?

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

Is The First National Bank Of Manchester a commercial bank?

Yes

Where are The First National Bank Of Manchester locations?

See branch locations nearby.

Is The First National Bank Of Manchester open on Saturdays?

Is The First National Bank Of Manchester open on Sundays?

What time does The First National Bank Of Manchester open?

What time does The First National Bank Of Manchester close?

Are The First National Bank Of Manchester ATMs Open 24/7?

Do The First National Bank Of Manchester ATMs accept cash deposits?

Can The First National Bank Of Manchester customers use other ATMs?

Do The First National Bank Of Manchester branches have notaries?

Will The First National Bank Of Manchester notarize my document?

What address for The First National Bank Of Manchester should I put for incoming ACH transfers?

Will the The First National Bank Of Manchester branch print checks?

Do The First National Bank Of Manchester checks expire?

Does The First National Bank Of Manchester require US citizenship to open account?

Can The First National Bank Of Manchester close my account?

Does The First National Bank Of Manchester Report to credit bureaus?

Does The First National Bank Of Manchester Use Equifax?

What is The First National Bank Of Manchester's ACH Routing Number?

What is The First National Bank Of Manchester's SWIFT code?

Products

Does The First National Bank Of Manchester offer mortgages?

Compare mortgage rates here.

Does The First National Bank Of Manchester offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The First National Bank Of Manchester offer personal loans?

Compare personal loan rates here.

Does The First National Bank Of Manchester offer student loans?

Will The First National Bank Of Manchester cash a check?

Will The First National Bank Of Manchester redeem a savings bond?

Does The First National Bank Of Manchester cash savings bonds?

Will The First National Bank Of Manchester cash money orders?

Can The First National Bank Of Manchester issue a money order?

Does The First National Bank Of Manchester do currency exchange?

Background on The Bank

Who owns The First National Bank Of Manchester?

How long has The First National Bank Of Manchester been around?

Can The First National Bank Of Manchester transfer to other banks?

Does The First National Bank Of Manchester have quick pay?

Does The First National Bank Of Manchester accept rolled coins?

Will The First National Bank Of Manchester accept loose change?

Where is The First National Bank Of Manchester headquarters?

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