227 North Lafayette Street
Corder, MO 64021
660-394-2333
onlinebanking.corderbank.com



The Corder Bank is headquartered in Corder and is the 328th largest bank in the state of Missouri. It is also the 7,250th largest bank in the nation. It was established in 1891 and as of March of 2012, it had grown to 5 employees at 1 location. The Corder Bank has a 5-star health rating.



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

The Corder Bank Checking Account Rates

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0.10%--NOW Account

The Corder Bank Savings Account Rates

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0.05%--Passbook Savings Account

The Corder Bank Money Market Rates

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0.70%$50k-Money Market Plus Account

The Corder Bank CD Rates

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1.30%$500-60 Month CD
1.15%$500-48 Month CD
0.95%$500-36 Month CD
0.70%$500-30 Month Renewal Only CD
0.65%$500-24 Month CD
0.60%$500-18 Month Renewal Only CD
0.40%$500-12 Month CD
0.15%$500-6 Month CD
0.05%$500-3 Month CD

The Corder Bank IRA Rates

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0.60%--IRA Savings Account

Rates updated: 5/26/2012

Data for Q1 2012


Institution Statistics


The Corder Bank
FDIC Certificate #9374
BankRate ReportView
Year Established1891
Employees5
Primary RegulatorFDIC

Assets and Liabilities

Assets$14.18 million
Loans$9.81 million
Deposits$12.40 million
Equity Capital$1.68 million
Loan Loss Allowance$92,000
Unbacked Noncurrent Loans$63,000

Historic Data - March 2011

Assets$13.66 million
Equity Capital$1.58 million
Loan Loss Allowance$96,000
Unbacked Noncurrent Loans$53,000

Profit Margin - Quarterly

Net Interest Margin4.04%
Return on Assets1.1%
Return on Equity9.09%
Interest Income$152,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 The Corder Bank had $63,000 in non-current loans and owned real-estate with $1.77 million in equity and loan loss allowances on hand to cover it. This gives The Corder Bank a Texas Ratio of 3.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for The Corder Bank held steady from 3.17% as of March 31, 2011 to 3.55% as of March 31, 2012, resulting in a negative change of 11.97%. This indicates that the balance sheet and financial strength for The Corder Bank has held steady in recent periods.
Deposit Growth4
In the past year, The Corder Bank has increased its total deposits by $383,000, resulting in 3.19% 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 The Corder Bank has shown is above average.
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. The Corder Bank has $14.18 million in assets with $1.77 million in equity, resulting in a capitalization level of 12.51%, which is excellent.
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