Average User Rating:
2 star rating based on 1 review.

Ascencia Bank

2500 Eastpoint Parkway
Louisville, KY 40223
502-499-4800
www.ascenciabank.com

FDIC

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Ascencia Bank is headquartered in Louisville and is the 8^th largest bank in the state of Kentucky. It is also the 569^th largest bank in the nation. It was established in 1902 and as of December of 2012, it had grown to 278 employees at 19 locations. Ascencia Bank has a 1-star health rating.

4.01% 6-Month CD at Ascencia Bank - Nationally Available - 7/30/2008

Ascencia Bank has recently increased the yields on the 6 and 12-month CDs. The 6-month CD now has a competitive yield of 4.01% APY. The 12-month CD has a yield of 4.15% APY. The minimum deposit is $500, and the maximum deposit is $100,000. Ascencia is an...

3.95% 12-Month CD at Ascencia Bank - Nationally Available - 5/7/2008

Ascencia Bank has recently increased the yields on the 6 and 12-month CDs. The 12-month CD now has a competitive yield of 3.95% APY. The 6-month CD has a yield of 3.66% APY. The minimum deposit is $500, and the maximum deposit is $100,000. Ascencia is an...

Top Long-Term CD Rates at Ascencia Bank - 3/27/2008

Ascencia Bank has a competitive yield of 3.97% APY for terms of 30, 36 and 60 months. The minimum deposit is $500, and the maximum is $100,000. Ascencia is an internet bank that's available to anyone in the US.In July 2007 the CD rates were as high as...

New Savings Account Rate Cuts - 12/13/2007

The effect of the latest Fed rate cut is starting to be seen at several online banks. Here's a summary of the rate cuts in the last 2 days:E-LOAN's Savings Account: 4.50% APY (was 4.75%)Zions' Deseret MMA: 4.86% APY under $50K, 5.13% APY over $50K (was...

2007

7/6 - 5.50% 12 and 24 Month CDs at Ascencia Bank

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

Ascencia Bank Checking Account Rates

Apy	Min	Max	Product
0.15%	-	-	Interest Checking
0.15%	$1k	-	Small Business Checking

Ascencia Bank Savings Account Rates

	Apy	Min	Max	Product
	0.25%	-	-	Personal Savings

Ascencia Bank Money Market Rates

	Apy	Min	Max	Product
	0.50%	$100k	-	Money Market

Ascencia Bank CD Rates

Apy	Min	Max	Product
0.80%	$500	$97k	1 Year CD
0.75%	$500	$97k	2 Year CD
0.65%	$500	$97k	6 Month CD
0.50%	$500	$97k	3 Year CD
0.50%	$500	$97k	2.5 Year CD
0.50%	$500	$97k	5 Year CD

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

PBI Bank
FDIC Certificate #	9314
BankRate Report	View
Year Established	1902
Employees	278
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.16 billion
Loans	$842.92 million
Deposits	$1.07 billion
Equity Capital	$71.71 million
Loan Loss Allowance	$56.68 million
Unbacked Noncurrent Loans	$93.75 million
Real Estate Owned	$43.67 million
Historic Data - December 2011
Assets	$1.45 billion
Equity Capital	$103.08 million
Loan Loss Allowance	$52.58 million
Unbacked Noncurrent Loans	$92.66 million
Real Estate Owned	$41.45 million
Profit Margin - Quarterly
Net Interest Margin	3.51%
Return on Assets	-2.28%
Return on Equity	-32.74%
Interest Income	$57.63 million

Institution Health

Overall Score:

1 out of 5

Texas Ratio
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 December 31, 2012 Ascencia Bank had $137.42 million in non-current loans and owned real-estate with $128.39 million in equity and loan loss allowances on hand to cover it. This gives Ascencia Bank a Texas Ratio of 107.03% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Ascencia Bank increased slightly from 86.06% as of December 31, 2011 to 107.03% as of December 31, 2012, resulting in a negative change of 24.37%. This indicates that the balance sheet and financial strength for Ascencia Bank has declined slightly in recent periods.
Deposit Growth
In the past year, Ascencia Bank has decreased its total deposits by -$260.27 million, resulting in -19.62% 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 Ascencia Bank has shown is poor.
Capitalization
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. Ascencia Bank has $1.16 billion in assets with $128.39 million in equity, resulting in a capitalization level of 11.07%, which is above average.

Funds Availability
2 stars

- Wayne - Thursday, December 9, 2010 - 7:41 AM

Offered great rates in 2009, But found it difficult to retrive funds at end of term. Takes ten intrest free days and only if you keep calling them. I will not bank there again

Ascencia Bank

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