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Overview / Commentary
615-515-8000
3325 West End Avenue
Nashville, TN 37203

Civic Bank & Trust is headquartered in Nashville and is the 123rd largest bank in the state of Tennessee. It is also the 3,863rd largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 20 employees at 1 location. Civic Bank & Trust's savings rates are 3X the national average, and it has a B+ health rating.

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Reviews (1)

Elite Checking Dropping Interest Rate To APR 2.5% Dec 6, 2012

My favorite bank is dropping its APR for deposits up to $30,000 to 2.47% - 2.5% APR effective December 6, 2012.  Over $30,001 the rate remains at .50%.

Sorry to see this change.  This bank, though very small, provides excellent service.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Civic Bank & Trust had $3.36 million in non-current loans and owned real-estate with $21.47 million in equity and loan loss allowances on hand to cover it. This gives Civic Bank & Trust a Texas Ratio of 15.66% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Civic Bank & Trust decreased slightly from 18.25% as of March 31, 2013 to 15.66% as of March 31, 2014, resulting in a positive change of 14.21%.This indicates that the balance sheet and financial strength for Civic Bank & Trust has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Civic Bank & Trust has decreased its total deposits by $-766,000, resulting in -0.7% 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 Civic Bank & Trust has shown is average.

Capitalization

GRADE:
A+

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. Civic Bank & Trust has $141.38 million in assets with $21.47 million in equity, resulting in a capitalization level of 15.18%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58040
Year Established2005
Employees20
Primary RegulatorFDIC
Assets and Liabilities
Assets$141.39 million
Loans$63.54 million
Deposits$108.63 million
Equity Capital$18.20 million
Loan Loss Allowance$3.27 million
Unbacked Noncurrent Loans$1.25 million
Real Estate Owned$2.11 million
Historic Data - March 2013
Assets$137.35 million
Equity Capital$18.69 million
Loan Loss Allowance$3.62 million
Unbacked Noncurrent Loans$1.25 million
Real Estate Owned$3.13 million
Profit Margin - Quarterly
Net Interest Margin3.21%
Return on Assets0.84%
Return on Equity6.71%
Interest Income$1.35 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Civic Bank & Trust, we are a rate comparison website and can not provide official rates or promotions.

Civic Bank & Trust Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.75%-$7,500Civic Christmas Club
0.20%--Civic Statement Savings

Civic Bank & Trust Money Market Rates

DetailsAPYMINMAXPRODUCT
0.60%$500k-Civic Business Money Market
0.40%$100k-Civic Premier Money Market

Civic Bank & Trust Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.85%-$30kCivic Elite Checking - Qualifying
0.45%$100k-Civic WOW Checking
0.25%$5k-Civic 50+ Checking

Civic Bank & Trust CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$5k-4 Year CD
1.05%$100k-3 Year Jumbo CD
0.95%$5k-3 Year CD
0.90%$100k-2 Year Jumbo CD
0.85%$5k-2 Year CD
0.70%$100k-1 Year Jumbo CD
0.65%$5k-1 Year CD
0.50%$100k-92 Day - 6 Month Jumbo CD
0.45%$5k-92 Day - 6 Month CD
Locations


Civic Bank & Trust Locations
Civic Bank & Trust3325 West End AvenueNashville, TN 37203