Buckeye Community Bank

105 Sheffield Center
Lorain, OH 44055
www.buckeyebank.com

OverView
Rates
Health
Reviews

Buckeye Community Bank is headquartered in Lorain and is the 114^st largest bank in the state of Ohio. It is also the 3,961^st largest bank in the nation. It was established in 1999 and as of December of 2011, it had grown to 25 employees at 1 location. Buckeye Community Bank has a 3-star health rating.

Report an Issue

See Rates for: Checking | Savings | Money Market | CD

Buckeye Community Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	-	-	Buckeye Interest Checking Account
0.20%	-	-	Buckeye Gold Checking Account

Buckeye Community Bank Savings Account Rates

Apy	Min	Max	Product
0.40%	-	-	Buckeye Invest Savings Account
0.30%	-	-	Buckeye Statement Savings Account

Buckeye Community Bank Money Market Rates

Apy	Min	Max	Product
0.70%	$200k	-	Buckeye Premium Money Market Tiered Investment Account
0.55%	$50k	-	Buckeye Non-Personal Tiered Money Market Investment Account
0.50%	$50k	-	Buckeye Personal Money Market Tiered Investment Account

Buckeye Community Bank CD Rates

Apy	Min	Max	Product
1.55%	$500	$100k	60 Month Special CD
1.20%	$500	$100k	48 Month Special CD
1.00%	$500	$100k	36 Month Special CD
0.95%	$500	$100k	60 Month CD
0.90%	$500	$100k	48 - 59 Month CD
0.80%	$500	$100k	14 Month Special CD
0.60%	$500	$100k	24 Month Special CD
0.55%	$500	$100k	36 - 47 Month CD
0.50%	$500	$100k	18 Month Special CD
0.45%	$500	$100k	24 - 35 Month CD
0.40%	$500	$100k	12 Month Special CD
0.35%	$500	$100k	18 - 23 Month CD
0.30%	$500	$100k	12 - 17 Month CD
0.20%	$500	$100k	6 Month Special CD
0.15%	$500	$100k	60 - 89 Day CD
0.15%	$500	$100k	90 - 179 Day CD
0.15%	$500	$100k	180 Day - 11 Month CD
0.10%	$500	$100k	30 - 59 Day CD
0.05%	$500	$100k	7 - 29 Day CD

Rates updated: 5/20/2012

Data for Q4 2011

Institution Statistics

Buckeye Community Bank
FDIC Certificate #	35101
BankRate Report	View
Year Established	1999
Employees	25
Primary Regulator	FED
Assets and Liabilities
Assets	$144.25 million
Loans	$105.52 million
Deposits	$126.96 million
Equity Capital	$14.52 million
Loan Loss Allowance	$3.36 million
Unbacked Noncurrent Loans	$3.74 million
Real Estate Owned	$1.76 million
Historic Data - December 2010
Assets	$151.78 million
Equity Capital	$13.99 million
Loan Loss Allowance	$2.74 million
Unbacked Noncurrent Loans	$3.72 million
Real Estate Owned	$1.65 million
Profit Margin - Quarterly
Net Interest Margin	3.59%
Return on Assets	0.23%
Return on Equity	2.32%
Interest Income	$6.46 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Buckeye Community Bank had $5.5 million in non-current loans and owned real-estate with $17.88 million in equity and loan loss allowances on hand to cover it. This gives Buckeye Community Bank a Texas Ratio of 30.76% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Buckeye Community Bank held steady from 32.05% as of December 31, 2010 to 30.76% as of December 31, 2011, resulting in a positive change of 4.01%.This indicates that the balance sheet and financial strength for Buckeye Community Bank has held steady in recent periods.
Deposit Growth
In the past year, Buckeye Community Bank has decreased its total deposits by -$7.07 million, resulting in -5.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Buckeye Community Bank has shown is poor.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Buckeye Community Bank has $144.25 million in assets with $17.88 million in equity, resulting in a capitalization level of 12.39%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.