Tri Counties Bank

Headquarters

63 Constitution Drive
Chico, CA 95973
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Tri Counties Bank is an FDIC insured institution located in Chico, CA. It was founded in 1975 and has approximately $6.47 billion in assets. Customers can open an account at one of its 78 branches.

FDIC Insured Yes
FDIC Certificate # 21943
Date Established 1975
Assets $ 6.47 billion
Loans $ 4.32 billion
Deposits $ 5.41 billion
Capital $ 915.16 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Tri Counties 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.575% 2.500% 1.00 $2,468 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Tri Counties Bank
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Branches

Tri Counties 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


Tri Counties Bank Locations


Financial Details

Tri Counties Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Tri Counties 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
Tri Counties Bank U.S. Bank Average
2.07% 6.94%

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 March 31, 2020, Tri Counties Bank had $17,955,000 in non-current loans and $2,229,000 in owned real estate. To cover these potential losses it had $915,156,000 in equity and $57,911,000 in loans loss reserves. That gives it a Texas Ratio of 2.07%.

Return on Equity
Tri Counties Bank U.S. Bank Average
7.19% 7.80%

Tri Counties Bank has a Return on Equity of 7.19% versus the BestCashCow average of 7.80%. 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
Tri Counties Bank U.S. Bank Average
14.15% 12.68%

Tri Counties Bank has a Capitalization of 14.15% versus the BestCashCow average of 12.68. 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.

Tri Counties Bank Balance Sheet Analysis

As of March 31, 2020, Tri Counties Bank had assets of $6,469,552,000, loans of $4,323,846,000, and deposits of $5,408,096,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 182.50 million
Interest-bearing balances $ 87.14 million
Total securities $ 1,364.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 4.32 billion
Loan loss allowance $ 57.91 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.23 million
Goodwill and other intangibles $ 248.17 million
All other assets $ 231.51 million
     Total Assets $ 5.55 billion
LIABILITIES
Total deposits $ 5.41 billion
      Interest-bearing deposits $ 3.52 billion
      Deposits held in domestic offices $ 5.41 billion
      % insured (estimated) 77.16%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 19.31 million
Subordinated debt N.A.
All other liabilities $ 126.99 million
      Total Liabilities $ 5.55 billion
      Shareholders’ Equity $ 915.16 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 66.52 million
Total Interest Expense $ 2.56 million
Net interest income $ 63.96 million
Provision for loan and lease losses $ 8.00 million
Total non interest income $ 11.81 million
Total non interest expense $ 44.63 million
Pre-tax Net Operating Income $ 23.14 million

Bank Loan Profile?

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

Compared to other banks in California, Tri Counties 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 20.31
Multifamily
Mortgages
12.93
Credit Card Loans 0.01
Consumer Auto Loans 1.70
Small Business Loans 13.11
Construction and Development Loans 5.59
Commercial Real Estate 50.58
Commercial and Industrial Loans 6.13
Farm Loans 0.55

Frequently Asked Questions About Tri Counties Bank

Branches and Savings

Is Tri Counties Bank FDIC insured?

Yes. It is covered under FDIC Certificate #21943.

Why does Tri Counties Bank pay such low interest on savings accounts?

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

Why are Tri Counties Bank CD rates not competitive?

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

Is Tri Counties Bank a commercial bank?

Yes

Where are Tri Counties Bank locations?

See branch locations nearby.

Is Tri Counties Bank open on Saturdays?

Is Tri Counties Bank open on Sundays?

What time does Tri Counties Bank open?

What time does Tri Counties Bank close?

Are Tri Counties Bank ATMs Open 24/7?

Do Tri Counties Bank ATMs accept cash deposits?

Can Tri Counties Bank customers use other ATMs?

Do Tri Counties Bank branches have notaries?

Will Tri Counties Bank notarize my document?

What address for Tri Counties Bank should I put for incoming ACH transfers?

Will the Tri Counties Bank branch print checks?

Do Tri Counties Bank checks expire?

Does Tri Counties Bank require US citizenship to open account?

Can Tri Counties Bank close my account?

Does Tri Counties Bank Report to credit bureaus?

Does Tri Counties Bank Use Equifax?

What is Tri Counties Bank's ACH Routing Number?

What is Tri Counties Bank's SWIFT code?

Products

Does Tri Counties Bank offer mortgages?

Compare mortgage rates here.

Does Tri Counties Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Tri Counties Bank offer personal loans?

Compare personal loan rates here.

Does Tri Counties Bank offer student loans?

Will Tri Counties Bank cash a check?

Will Tri Counties Bank redeem a savings bond?

Does Tri Counties Bank cash savings bonds?

Will Tri Counties Bank cash money orders?

Can Tri Counties Bank issue a money order?

Does Tri Counties Bank do currency exchange?

Background on The Bank

Who owns Tri Counties Bank?

How long has Tri Counties Bank been around?

Can Tri Counties Bank transfer to other banks?

Does Tri Counties Bank have quick pay?

Does Tri Counties Bank accept rolled coins?

Will Tri Counties Bank accept loose change?

Where is Tri Counties Bank headquarters?

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