Beneficial Mutual Savings Bank

Beneficial Mutual Savings Bank is headquartered in Philadelphia and is the 10^st largest bank in the state of Pennsylvania. It is also the 178^th largest bank in the nation. It was established in 1853 and as of December of 2011, it had grown to 802 employees at 60 locations. Beneficial Mutual Savings Bank's savings rates are 3X the national average, and it has a 3-star health rating.

Beneficial Mutual Savings Bank Checking Account Rates

Beneficial Mutual Savings Bank Savings Account Rates

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Data for Q4 2011

Institution Statistics Beneficial Mutual Savings Bank FDIC Certificate # 15697 BankRate Report View Year Established 1853 Employees 802 Primary Regulator FDIC Assets and Liabilities Assets $4.59 billion Loans $2.52 billion Deposits $3.66 billion Equity Capital $590.98 million Loan Loss Allowance $54.21 million Unbacked Noncurrent Loans $107.93 million Real Estate Owned $17.78 million Historic Data - December 2010 Assets $4.92 billion Equity Capital $579.18 million Loan Loss Allowance $45.37 million Unbacked Noncurrent Loans $95.69 million Real Estate Owned $16.69 million Profit Margin - Quarterly Net Interest Margin 3.29% Return on Assets 0.24% Return on Equity 1.95% Interest Income $180.06 million

Institution Health Overall Score: 3 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, 2011 Beneficial Mutual Savings Bank had $125.7 million in non-current loans and owned real-estate with $645.2 million in equity and loan loss allowances on hand to cover it. This gives Beneficial Mutual Savings Bank a Texas Ratio of 19.48% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Beneficial Mutual Savings Bank held steady from 17.91% as of December 31, 2010 to 19.48% as of December 31, 2011, resulting in a negative change of 8.79%. This indicates that the balance sheet and financial strength for Beneficial Mutual Savings Bank has held steady in recent periods. Deposit Growth In the past year, Beneficial Mutual Savings Bank has decreased its total deposits by -$322.36 million, resulting in -8.1% 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 Beneficial Mutual Savings 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. Beneficial Mutual Savings Bank has $4.59 billion in assets with $645.2 million in equity, resulting in a capitalization level of 14.06%, which is excellent.

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