Cheaha Bank

Established in 2000

About Cheaha Bank

Cheaha Bank was established on 2000. The bank's headquarters are located at 1320 Highway Drive in Oxford, Alabama.

Cheaha Bank is an FDIC insured bank with FDIC number 35514 managing assets to the value of $234,988 as of 12/31/2020.

Cheaha Bank has a Texas ratio of 0.39%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

0.39%
Texas Ratio
FDIC Certificate #

35514

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $234,988
Equity Capital $31,257
Total Deposits $201,995
Total Liabilities $203,731
Total Securities $84,801
Net Loans And Leases $126,680
Loan Loss Allowance $1,352
Total Loans And Leases $128,291
YTD (as of 12/31/2020)
Return On Assets 1.50%
Return On Equity 11.75%
Total Interest Income $9,706
Total Interest Expense $1,703
Total Non Interest Income $1,378
Total Non Interest Expense $5,423

Headquarters

1320 Highway Drive 36203, Oxford

Cheaha Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $128,291 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Cheaha Bank Mortgage Loans Profile

Classic Bank

95.88%

Application Approval Rate

Classic Bank

$157,366

Average Mortgage Loan Amount

Classic Bank

97

Number of Loan Applications

Classic Bank

$122,472

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Calhoun

Number of Loan Applications
70
Average Loan Amount
$132,463
Approval Rate
95.71%
Average Income of Approved Loans’ Applicants
$116,882

2 Talladega

Number of Loan Applications
15
Average Loan Amount
$234,286
Approval Rate
93.33%
Average Income of Approved Loans’ Applicants
$87,600

3 Baldwin

Number of Loan Applications
2
Average Loan Amount
$235,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$300,500

4 St Clair

Number of Loan Applications
2
Average Loan Amount
$365,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$249,500

5 Cleburne

Number of Loan Applications
2
Average Loan Amount
$230,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$112,500

6 Etowah

Number of Loan Applications
2
Average Loan Amount
$55,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$54,000

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
97
Average Loan Amount
$157,366
Approval Rate
95.88%
Average Income of Approved Loans’ Applicants
$122,472