City Bank


City Bank is an FDIC insured institution headquartered at 5219 City Bank Pkwy, Lubbock, TX 79407.
It was founded in 1984 and has approximately $4 billion in assets. Customers can open an account at one of its 25 branches.

Deposit Rates - May 28, 2024

SAVINGS RATES APY MIN
CD RATES APY MIN
6 Mo CD
0.20% $10,000 Compare
6 Mo CD
0.20% $100,000 Compare
12 Mo CD
0.50% $10,000 Compare
12 Mo CD
0.50% $100,000 Compare
18 Mo CD
0.50% $10,000 Compare
18 Mo CD
0.50% $100,000 Compare
24 Mo CD
0.60% $10,000 Compare
24 Mo CD
0.60% $100,000 Compare
30 Mo CD
0.55% $10,000 Compare
30 Mo CD
0.55% $100,000 Compare
36 Mo CD
0.65% $10,000 Compare
36 Mo CD
0.65% $100,000 Compare
48 Mo CD
0.70% $10,000 Compare
48 Mo CD
0.70% $100,000 Compare
60 Mo CD
0.75% $10,000 Compare
60 Mo CD
0.75% $100,000 Compare
MM RATES APY MIN
Money Market
0.15% $2,500 Compare
Money Market
0.15% $10,000 Compare
Money Market
0.20% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 25103
Date Established 1984
Assets $ 4.20 billion
Loans $ 2.99 billion
Deposits $ 3.71 billion
Capital $ 420.68 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 330.16 million
Interest-bearing balances $ 267.34 million
Total securities $ 622.76 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.99 billion
Loan loss allowance $ 42.36 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.77 million
Goodwill and other intangibles $ 48.31 million
All other assets $ 137.63 million
     Total Assets $ 3.78 billion

LIABILITIES
Total deposits $ 3.71 billion
      Interest-bearing deposits $ 2.65 billion
      Deposits held in domestic offices $ 3.71 billion
      % insured (estimated) 68.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 66.04 millionn
      Total Liabilities $ 3.78 billion
      Shareholders’ Equity $ 420.68 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 211.93 million
Total Interest Expense $ 64.99 million
Net interest income $ 146.94 million
Provision for loan and lease losses $ 4.61 million
Total non interest income $ 79.07 million
Total non interest expense $ 129.49 million
Pre-tax Net Operating Income $ 41.26 million

Customer Reviews for City Bank

There are currently no comments for City Bank. Be the first to share your experience. Please provide comments that will help others.


Add Your Review


Rate it here →



Branches

Click on location and enter new zip number to change.
Your current location is: Ashburn, VA

City Bank Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL SAVINGS
    Bank
    TEXAS
    $50,000
    N.A.
    0.10%
    0.46x (National Avg. - 0.22%)
    $2,500
    -
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 2
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    4.50%
    20.64x (National Avg. - 0.22%)
    $1
    -
    SCENARIO
    Year Rate
    4.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,250 1,575
    2 52,250 2,351 1,646
    3 54,601 2,457 1,720
    4 57,058 2,568 1,797
    5 59,626 2,683 1,878
    6 62,309 2,804 1,963
    7 65,113 2,930 2,051
    8 68,043 3,062 2,143
    9 71,105 3,200 2,240
    10 74,305 3,344 2,341
    11 77,648 3,494 2,446
    12 81,143 3,651 2,556
    13 84,794 3,816 2,671
    14 88,610 3,987 2,791
    15 92,597 4,167 2,917
    16 96,764 4,354 3,048
    17 101,119 4,550 3,185
    18 105,669 4,755 3,329
    19 110,424 4,969 3,478
    20 115,393 5,193 3,635
    TOTAL $70,586 $49,410