1 star ratingAverage User Rating:
1 star rating based on 1 review.

Lumbee Guaranty Bank

Lumbee Guaranty Bank Locations
403 East Third Street
Pembroke, NC 28372
910-521-9707
www.lumbeeguarantybank.com

Lumbee Guaranty Bank is headquartered in Pembroke and is the 50th largest bank in the state of North Carolina. It is also the 2,246th largest bank in the nation. It was established in 1971 and as of September of 2011, it had grown to 97 employees at 12 locations. Lumbee Guaranty Bank has a 4-star health rating.

Lumbee Guaranty Bank Routing Number: 053103682

Related Posts

Top CD & Reward Checking Rates at Lumbee Guaranty Bank in NC - Local Only - 11/22/2010

Lumbee Guaranty Bank is offering some competitive special short-term CD rates. In addition, it continues to offer a very competitive reward checking account. The special CD rates include a 1.41% APY 9 ...

2.45% 15-Month CD at Lumbee Guaranty Bank in North Carolina - Local Only - 12/10/2009

Lumbee Guaranty Bank is offering a very competitive 15-month CD special. It has a 2.45% APY with a checking account or 2.02% APY without checking. Minimum deposit is $5,000. The 9-month CD special is also fairly competitive with a 1.92% APY with checking...

4.50% Reward Checking Account at Lumbee Guaranty Bank in North Carolina - Local Only - 12/10/2009

Lumbee Guaranty Bank is offering a high-yield reward checking account called LGB Rewards Checking. It has the following rates and features if certain monthly requirements are met:4.50% APY on balances up to $25,0001.00% on portion of balance over...



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Lumbee Guaranty Bank CD Rates

ApyMinMaxProduct
1.68%$5k-48 Month CD Special w/ Checking
1.26%$5k-15 Month CD Special w/ Checking
1.01%$5k-15 Month CD Special
0.90%$5k-9 Month CD Special w/ Checking
0.65%$5k-9 Month CD Special

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Lumbee Guaranty Bank
FDIC Certificate #20568
BankRate ReportView
Year Established1971
Employees97
Primary RegulatorFDIC

Assets and Liabilities

Assets$286.94 million
Loans$180.04 million
Deposits$244.02 million
Equity Capital$30.01 million
Loan Loss Allowance$3.17 million
Unbacked Noncurrent Loans$4.40 million
Real Estate Owned$1.08 million

Historic Data - September 2010

Assets$275.00 million
Equity Capital$28.40 million
Loan Loss Allowance$2.74 million
Unbacked Noncurrent Loans$3.26 million
Real Estate Owned$1.05 million

Profit Margin - Quarterly

Net Interest Margin4.55%
Return on Assets0.73%
Return on Equity7.04%
Interest Income$10.55 million

Institution Health


Overall Score:
4 out of 5
4
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 September 30, 2011 Lumbee Guaranty Bank had $5.48 million in non-current loans and owned real-estate with $33.18 million in equity and loan loss allowances on hand to cover it. This gives Lumbee Guaranty Bank a Texas Ratio of 16.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Lumbee Guaranty Bank held steady from 13.84% as of September 30, 2010 to 16.53% as of September 30, 2011, resulting in a negative change of 19.39%. This indicates that the balance sheet and financial strength for Lumbee Guaranty Bank has held steady in recent periods.
Deposit Growth5
In the past year, Lumbee Guaranty Bank has increased its total deposits by $18.64 million, resulting in 8.27% 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 Lumbee Guaranty Bank has shown is excellent.
Capitalization4
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. Lumbee Guaranty Bank has $286.94 million in assets with $33.18 million in equity, resulting in a capitalization level of 11.56%, which is above average.
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Debit Visa Card Use
1 stars - sawyeredup - Friday, August 5, 2011 - 9:56 PM

  This is the worst card that I have ever used I can have $2000.00 in the bank and my card will be declined 4 out of 5 times in one day for as low as $197.00 purchase.  My son has an account here also and he has the same problem.  It is very imbarassing and you do not trust just going and buying something  must go to cash machine and get cash. Can;t by anything online it declines the card . They offer a no fee on 10 debit visa transactions a month, but I can never use my card. lOOKING FOR NEW BANK . WOULD NOT RECOMMEND.

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