4 star ratingAverage User Rating:
4 star rating based on 2 reviews.

Community National Bank of the Lakeway Area

Community National Bank of the Lakeway Area Locations
225 West First North Street
Morristown, TN 37814
(423) 587-2345
www.cnbla.com

FDIC


Community National Bank of the Lakeway Area is headquartered in Morristown and is the 148th largest bank in the state of Tennessee. It is also the 4,627th largest bank in the nation. It was established in 2003 and as of March of 2013, it had grown to 31 employees at 3 locations. Community National Bank of the Lakeway Area has a 3-star health rating.

Related Posts

High-Yield Reward Checking Account at Community National Bank of the Lakeway Area in Tennessee - 6/2/2009

Update 1/10/10: The top rate has fallen to 3.76% APY. Refer to the bottom of the post for the account history.Community National Bank is offering a reward checking account called Community Rewards Checking. It has the following rates and features if...



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

Community National Bank of the Lakeway Area Checking Account Rates

ApyMinMaxProduct
1.00%-$10kKasasa Cash
0.08%$100k-Interest Checking

Community National Bank of the Lakeway Area Savings Account Rates

ApyMinMaxProduct
0.50%--Kasasa Saver
0.30%$100k-Super Saver Account
0.15%--Savings

Community National Bank of the Lakeway Area Money Market Rates

ApyMinMaxProduct
0.20%$100k-Money Market

Community National Bank of the Lakeway Area CD Rates

ApyMinMaxProduct
1.10%$2,500-5 Year CD
0.85%$2,500-4 Year CD
0.80%$2,500-3 Year CD
0.55%$2,500-2 Year CD
0.35%$2,500-1 Year CD
0.20%$2,500-6 Month CD
0.10%$2,500-90 Day CD

Community National Bank of the Lakeway Area IRA Rates

ApyMinMaxProduct
1.10%$500-5 Year IRA
0.85%$500-4 Year IRA
0.80%$500-3 Year IRA
0.55%$500-2 Year IRA
0.35%$500-1 Year IRA
0.20%$500-6 Month IRA

Rates updated: 6/18/2013

Data for Q1 2013


Institution Statistics


Community National Bank of the Lakeway Area
FDIC Certificate #57445
BankRate ReportView
Year Established2003
Employees31
Primary RegulatorOCC

Assets and Liabilities

Assets$109.12 million
Loans$58.09 million
Deposits$88.57 million
Equity Capital$12.07 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$371,000
Real Estate Owned$1.71 million

Historic Data - March 2012

Assets$116.79 million
Equity Capital$12.33 million
Loan Loss Allowance$1.17 million
Unbacked Noncurrent Loans$523,000
Real Estate Owned$2.01 million

Profit Margin - Quarterly

Net Interest Margin3.7%
Return on Assets0.04%
Return on Equity0.33%
Interest Income$1.07 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 March 31, 2013 Community National Bank of the Lakeway Area had $2.08 million in non-current loans and owned real-estate with $13.14 million in equity and loan loss allowances on hand to cover it. This gives Community National Bank of the Lakeway Area a Texas Ratio of 15.85% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Community National Bank of the Lakeway Area decreased slightly from 18.78% as of March 31, 2012 to 15.85% as of March 31, 2013, resulting in a positive change of 15.60%.This indicates that the balance sheet and financial strength for Community National Bank of the Lakeway Area has improved slightly in recent periods.
Deposit Growth1
In the past year, Community National Bank of the Lakeway Area has decreased its total deposits by -$5.07 million, resulting in -5.42% 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 Community National Bank of the Lakeway Area has shown is poor.
Capitalization5
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. Community National Bank of the Lakeway Area has $109.12 million in assets with $13.14 million in equity, resulting in a capitalization level of 12.04%, which is excellent.
Write Review

This Deal Is Only Avaliable In Tn
4 stars - jackstilton - Saturday, October 23, 2010 - 8:54 AM

    Community National Bank is currently only accepting applications from residents within Tennessee. Before proceeding with this application, you must input the zip code of your residence and confirm your eligibility below:



3

The Ceiling Has Dropped
4 stars - Anonymous - Sunday, October 10, 2010 - 12:41 PM

The ceiling has dropped from 25K to 10K for the max interest

1