CBC National Bank

1891 South 14th Street
Fernandina Beach, FL 32034
www.cbcnationalbank.com

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CBC National Bank is headquartered in Fernandina Beach and is the 51^st largest bank in the state of Florida. It is also the 1,403^rd largest bank in the nation. It was established in 2000 and as of December of 2012, it had grown to 362 employees at 6 locations. CBC National Bank has a 2-star health rating.

CBC National Bank Routing Number: 063114658

CBC National Bank Advantage Checking RCA (2%APY, $25K) (Forum) - 2/23/2013

Ken first discussed the details of this account in this blog post. The bank's rates are not under review but the account is no longer included in the RCA rate tables. However, the account is still available as per the bank websi

New Reward Checking at CBC National Bank in FL, GA & SC - 11/13/2012

In the good old days, it was easy to find reward checking accounts paying over 4% for balances up to $25K. Those days are over. In today's environment, if you can find 2% for balances up to $25K, you ...

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

CBC National Bank Checking Account Rates

Apy	Min	Max	Product
1.50%	$100	$25k	Advantage Checking
0.10%	$100	-	Interest Checking
0.10%	$100	-	Premier Checking
0.10%	$100	-	IOLTA
0.10%	$100	-	Business Interest Checking

CBC National Bank Savings Account Rates

Apy	Min	Max	Product
0.50%	$50k	-	Health Savings Account
0.20%	$100	-	Regular Savings
0.20%	$25	-	Minor Savings
0.20%	$100	-	Business Savings
0.20%	-	-	Christmas Club

CBC National Bank Money Market Rates

Apy	Min	Max	Product
0.50%	$50k	-	Money Market Investor
0.50%	$50k	-	Business Money Market Investor

CBC National Bank CD Rates

Apy	Min	Max	Product
1.50%	$1k	-	60 Month CD
1.25%	$1k	-	48 Month CD
1.00%	$1k	-	36 Month CD
0.70%	$1k	-	24 Month CD
0.60%	$1k	-	18 Month CD
0.50%	$1k	-	12 Month CD
0.35%	$1k	-	182 Day CD
0.25%	$1k	-	91 Day CD

CBC National Bank IRA Rates

Apy	Min	Max	Product
1.50%	$1k	-	60 Month IRA
1.50%	$1k	-	60 Month Roth IRA
1.25%	$1k	-	48 Month IRA
1.25%	$1k	-	48 Month Roth IRA
1.00%	$1k	-	36 Month IRA
1.00%	$1k	-	36 Month Roth IRA
0.70%	$1k	-	24 Month IRA
0.70%	$1k	-	24 Month Roth IRA
0.60%	$1k	-	18 Month IRA
0.60%	$1k	-	18 Month Roth IRA
0.50%	$1k	-	12 Month IRA
0.50%	$100	-	18 Month Variable IRA
0.50%	$1k	-	12 Month Roth IRA
0.50%	$100	-	18 Month Variable Roth IRA

Rates updated: 5/18/2013

Data for Q4 2012

Institution Statistics

CBC NATIONAL BANK
FDIC Certificate #	35309
BankRate Report	View
Year Established	2000
Employees	362
Primary Regulator	OCC
Assets and Liabilities
Assets	$475.01 million
Loans	$299.83 million
Deposits	$338.10 million
Equity Capital	$42.54 million
Loan Loss Allowance	$4.68 million
Unbacked Noncurrent Loans	$8.95 million
Real Estate Owned	$13.52 million
Historic Data - December 2011
Assets	$477.61 million
Equity Capital	$40.04 million
Loan Loss Allowance	$5.22 million
Unbacked Noncurrent Loans	$15.58 million
Real Estate Owned	$15.42 million
Profit Margin - Quarterly
Net Interest Margin	4.22%
Return on Assets	0.61%
Return on Equity	6.61%
Interest Income	$17.10 million

Institution Health

Overall Score:

2 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, 2012 CBC National Bank had $22.47 million in non-current loans and owned real-estate with $47.22 million in equity and loan loss allowances on hand to cover it. This gives CBC National Bank a Texas Ratio of 47.59% 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 CBC National Bank decreased slightly from 68.19% as of December 31, 2011 to 47.59% as of December 31, 2012, resulting in a positive change of 30.22%.This indicates that the balance sheet and financial strength for CBC National Bank has improved slightly in recent periods.
Deposit Growth
In the past year, CBC National Bank has decreased its total deposits by -$18.06 million, resulting in -5.07% 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 CBC National 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. CBC National Bank has $475.01 million in assets with $47.22 million in equity, resulting in a capitalization level of 9.94%, which is average.