Eureka Bank

Eureka Bank is headquartered in Pittsburgh and is the 156^th largest bank in the state of Pennsylvania. It is also the 4,065^th largest bank in the nation. It was established in 1886 and as of March of 2012, it had grown to 22 employees at 2 locations. Eureka Bank has a 5-star health rating.

Eureka Bank Routing Number: 243073616

Eureka Bank Checking Account Rates

Eureka Bank Savings Account Rates

Eureka Bank CD Rates

Eureka Bank IRA Rates

Data for Q1 2012

Institution Statistics Eureka Bank OTS # 00962 FDIC Certificate # 28135 BankRate Report View Year Established 1886 Employees 22 Primary Regulator OCC Assets and Liabilities Assets $138.81 million Loans $109.49 million Deposits $117.15 million Equity Capital $19.94 million Loan Loss Allowance $1.05 million Historic Data - March 2011 Assets $137.26 million Equity Capital $18.34 million Loan Loss Allowance $940,000 Unbacked Noncurrent Loans $46,000 Profit Margin - Quarterly Net Interest Margin 4.26% Return on Assets 1.13% Return on Equity 7.91% Interest Income $1.75 million

Institution Health Overall Score: 5 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 March 31, 2012 Eureka Bank had $0 in non-current loans and owned real-estate with $20.99 million in equity and loan loss allowances on hand to cover it. This gives Eureka Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Eureka Bank has decreased its total deposits by $-152,000, resulting in -0.13% 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 Eureka Bank has shown is average. 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. Eureka Bank has $138.81 million in assets with $20.99 million in equity, resulting in a capitalization level of 15.12%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.