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Overview / Commentary
570-421-0531
200 Palmer Street
Stroudsburg, PA 18360

ESSA Bank & Trust is headquartered in Stroudsburg and is the 22nd largest bank in the state of Pennsylvania. It is also the 507th largest bank in the nation. It was established in 1916 and as of March of 2014, it had grown to 248 employees at 27 locations. ESSA Bank & Trust has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 ESSA Bank & Trust had $24.38 million in non-current loans and owned real-estate with $173.35 million in equity and loan loss allowances on hand to cover it. This gives ESSA Bank & Trust a Texas Ratio of 14.07% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for ESSA Bank & Trust decreased slightly from 16.87% as of March 31, 2013 to 14.07% as of March 31, 2014, resulting in a positive change of 16.61%.This indicates that the balance sheet and financial strength for ESSA Bank & Trust has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, ESSA Bank & Trust has decreased its total deposits by -$6.26 million, resulting in -0.62% 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 ESSA Bank & Trust has shown is average.

Capitalization

GRADE:
A+

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. ESSA Bank & Trust has $1.36 billion in assets with $173.35 million in equity, resulting in a capitalization level of 12.72%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #28262
Year Established1916
Employees248
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.36 billion
Loans$906.36 million
Deposits$1.01 billion
Equity Capital$164.69 million
Loan Loss Allowance$8.66 million
Unbacked Noncurrent Loans$22.22 million
Real Estate Owned$2.17 million
Historic Data - March 2013
Assets$1.37 billion
Equity Capital$158.46 million
Loan Loss Allowance$7.67 million
Unbacked Noncurrent Loans$22.22 million
Real Estate Owned$1.70 million
Profit Margin - Quarterly
Net Interest Margin2.85%
Return on Assets0.52%
Return on Equity4.35%
Interest Income$11.57 million
Rates

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ESSA Bank & Trust Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$100-Passbook Savings
0.05%$100-Statement Savings

ESSA Bank & Trust Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$1m-ESSA Money Market

ESSA Bank & Trust Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1k-Business Plus Checking
0.10%$100k-Relationship Checking

ESSA Bank & Trust CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$1k-60 Month CD
1.35%$1k-48 Month CD
1.10%$1k-36 Month CD
0.95%$1k-36 Month Step-Up CD
0.70%$1k-30 Month CD
0.60%$1k-24 Month CD
0.45%$1k-18 Month CD
0.45%$1k-24 Month Step-Up CD
0.35%$1k-12 Month CD
0.30%$1k-12 Month Step-Up CD
0.25%$1k-182 Day CD
0.20%$10k-30 Day CD
0.15%$1k-91 Day CD

ESSA Bank & Trust IRA Rates

DetailsAPYMINMAXPRODUCT
2.00%$250-60 Month IRA
1.35%$250-48 Month IRA
1.10%$250-36 Month IRA
0.70%$250-30 Month IRA
0.60%$250-24 Month IRA
0.45%$250-18 Month IRA
0.35%$250-12 Month IRA
Locations

ESSA Bank & Trust has 26 locations. Click to view all ESSA Bank & Trust locations.