Community National Bank (24897) is headquartered in MIDLAND and is the 57th largest bank in the state of Texas. It is also the 581st largest bank in the nation. It was established in 1984 and as of March of 2023, it had grown to 231 employees at 11 locations. Community National Bank (24897)'s CD rates are 6X the national average, and it boasts an A+ health rating.
Disregard For Customers
I have several banks I use. This bank has the worst customer relations I have seen any where. It is impossible to reach someone at local bank by telephone. All calls go to a central number in Lubbock. That takes a long while on hold just to speak to the call assistant. They can't always help as the banking is done at the local bank. I dial the local bank and put in the spellihg of the banker they give me and indicates no one by that name is at the bank. Takes the long waiting again back to Lubbock. When I do get a local person extension, I leave a message several times with no return call. I made a large deposit it doesn't show it was made even though I have a receipt. This banking doesn't make sense all the way around. The teller machines at the bank do not work properly. Going into the bank, the staff don't look busy and no other customers and they are not in a hurry to help.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24897 |
| Year Established | 1984 |
| Employees | 231 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.76% |
| Return on Equity - YTD | 30.08% |
| Annual Interest Income | $25.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $1.96B$1.84B |
| Loans | Q1 2023vs Q1 2022 | $1.30B$1.02B |
| Deposits | Q1 2023vs Q1 2022 | $1.74B$1.65B |
| Equity Capital | Q1 2023vs Q1 2022 | $193.2MM$164.2MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $22.5MM$18.6MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.7MM$5.0MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
