Truxton Trust Company

Headquarters

4525 Harding Road, Suite 300
Nashville, TN 37205
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
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

Truxton Trust Company is an FDIC insured institution located in Nashville, TN. It was founded in 2004 and has approximately $0.54 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57825
Date Established 2004
Assets $ 538.18 million
Loans $ 375.48 million
Deposits $ 431.96 million
Capital $ 59.55 million
 

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

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Truxton Trust Company

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
2.574% 2.500% 1.00 $2,445 $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 Truxton Trust Company
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Branches

Truxton 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:
Fairfield,Connecticut


Truxton Trust Company Locations


Financial Details

Truxton Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Truxton 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
Truxton Trust Company U.S. Bank Average
0.01% 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, Truxton Trust Company had $4,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $59,553,000 in equity and $3,592,000 in loans loss reserves. That gives it a Texas Ratio of 0.01%.

Return on Equity
Truxton Trust Company U.S. Bank Average
14.99% 7.80%

Truxton Trust Company has a Return on Equity of 14.99% 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
Truxton Trust Company U.S. Bank Average
11.07% 12.68%

Truxton Trust Company has a Capitalization of 11.07% 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.

Truxton Trust Company Balance Sheet Analysis

As of March 31, 2020, Truxton Trust Company had assets of $538,180,000, loans of $375,480,000, and deposits of $431,958,000. 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 $ 16.08 million
Interest-bearing balances $ 9.92 million
Total securities $ 122.11 million
Federal funds sold and reverse repurchase $ 2.04 million
Net loans and leases $ 375.48 million
Loan loss allowance $ 3.59 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 20.75 million
     Total Assets $ 478.63 million
LIABILITIES
Total deposits $ 431.96 million
      Interest-bearing deposits $ 430.36 million
      Deposits held in domestic offices $ 431.96 million
      % insured (estimated) 49.08%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 39.64 million
Subordinated debt N.A.
All other liabilities $ 7.03 million
      Total Liabilities $ 478.63 million
      Shareholders’ Equity $ 59.55 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 5.04 million
Total Interest Expense $ 0.82 million
Net interest income $ 4.21 million
Provision for loan and lease losses $ 0.19 million
Total non interest income $ 2.97 million
Total non interest expense $ 4.19 million
Pre-tax Net Operating Income $ 2.81 million

Bank Loan Profile?

The top three loan types in Truxton Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Truxton Trust Company’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 31.36
Multifamily
Mortgages
3.95
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 3.85
Construction and Development Loans 6.75
Commercial Real Estate 37.92
Commercial and Industrial Loans 13.38
Farm Loans 0.00

Frequently Asked Questions About Truxton Trust Company

Branches and Savings

Is Truxton Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #57825.

Why does Truxton 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 Truxton Trust Company CD rates not competitive?

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

Is Truxton Trust Company a commercial bank?

Yes

Where are Truxton Trust Company locations?

See branch locations nearby.

Is Truxton Trust Company open on Saturdays?

Is Truxton Trust Company open on Sundays?

What time does Truxton Trust Company open?

What time does Truxton Trust Company close?

Are Truxton Trust Company ATMs Open 24/7?

Do Truxton Trust Company ATMs accept cash deposits?

Can Truxton Trust Company customers use other ATMs?

Do Truxton Trust Company branches have notaries?

Will Truxton Trust Company notarize my document?

What address for Truxton Trust Company should I put for incoming ACH transfers?

Will the Truxton Trust Company branch print checks?

Do Truxton Trust Company checks expire?

Does Truxton Trust Company require US citizenship to open account?

Can Truxton Trust Company close my account?

Does Truxton Trust Company Report to credit bureaus?

Does Truxton Trust Company Use Equifax?

What is Truxton Trust Company's ACH Routing Number?

What is Truxton Trust Company's SWIFT code?

Products

Does Truxton Trust Company offer mortgages?

Compare mortgage rates here.

Does Truxton Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Truxton Trust Company offer personal loans?

Compare personal loan rates here.

Does Truxton Trust Company offer student loans?

Will Truxton Trust Company cash a check?

Will Truxton Trust Company redeem a savings bond?

Does Truxton Trust Company cash savings bonds?

Will Truxton Trust Company cash money orders?

Can Truxton Trust Company issue a money order?

Does Truxton Trust Company do currency exchange?

Background on The Bank

Who owns Truxton Trust Company?

How long has Truxton Trust Company been around?

Can Truxton Trust Company transfer to other banks?

Does Truxton Trust Company have quick pay?

Does Truxton Trust Company accept rolled coins?

Will Truxton Trust Company accept loose change?

Where is Truxton Trust Company headquarters?

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