Fleetwood Bank is headquartered in Fleetwood and is the 129th largest bank in the state of Pennsylvania. It is also the 2,774th largest bank in the nation. It was established in 1934 and as of March of 2014, it had grown to 56 employees at 6 locations. Fleetwood Bank has a B health rating.
Excellent Mortgage Loan Officer Maria Kompotiatis
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Data for Q1 2014
Institution Health
Texas Ratio
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 Fleetwood Bank had $3.03 million in non-current loans and owned real-estate with $21.54 million in equity and loan loss allowances on hand to cover it. This gives Fleetwood Bank a Texas Ratio of 14.09% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Fleetwood Bank experienced no significant changes from 11.40% as of March 31, 2013 to 14.09% as of March 31, 2014, resulting in a negative change of 23.53%. This indicates that the balance sheet and financial strength for Fleetwood Bank has had no significant changes in recent periods.
Deposit Growth
In the past year, Fleetwood Bank has increased its total deposits by $3.16 million, resulting in 1.6% 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 Fleetwood Bank has shown is above 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. Fleetwood Bank has $227.01 million in assets with $21.54 million in equity, resulting in a capitalization level of 9.49%, which is average.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 13561 |
| Year Established | 1934 |
| Employees | 56 |
| Primary Regulator | FED |
| Assets and Liabilities | |
|---|---|
| Assets | $227.01 million |
| Loans | $132.82 million |
| Deposits | $199.93 million |
| Equity Capital | $20.20 million |
| Loan Loss Allowance | $1.34 million |
| Unbacked Noncurrent Loans | $2.63 million |
| Real Estate Owned | $405,000 |
| Historic Data - March 2013 | |
|---|---|
| Assets | $230.25 million |
| Equity Capital | $20.07 million |
| Loan Loss Allowance | $1.33 million |
| Unbacked Noncurrent Loans | $2.63 million |
| Real Estate Owned | $696,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 3.22% |
| Return on Assets | 0.36% |
| Return on Equity | 4.05% |
| Interest Income | $1.88 million |
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Fleetwood Bank Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.25% | $100k | - | High Riser Money Market | |
| 0.25% | $75k | - | Business Tiered Money Market | |
| 0.05% | $2,500 | $2m | Public Fund Money Market |
Fleetwood Bank CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.95% | - | - | 60 Month CD | |
| 0.60% | - | - | 48 Month CD | |
| 0.40% | - | - | 36 Month CD | |
| 0.20% | - | - | 24 Month CD | |
| 0.20% | - | - | 30 Month CD | |
| 0.10% | - | - | 12 Month CD | |
| 0.10% | - | - | 18 Month CD | |
| 0.06% | - | - | 182 Day CD | |
| 0.05% | - | - | 91 Day CD |
Fleetwood Bank IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.05% | - | - | 60 Month IRA | |
| 0.70% | - | - | 48 Month IRA | |
| 0.50% | - | - | 36 Month IRA | |
| 0.30% | - | - | 24 Month IRA | |
| 0.30% | - | - | 30 Month IRA | |
| 0.20% | - | - | 12 Month IRA | |
| 0.20% | - | - | 18 Month IRA | |
| 0.16% | - | - | 182 Day IRA | |
| 0.15% | - | - | 91 Day IRA |
| Fleetwood Bank Locations | ||
|---|---|---|
| Kutztown Branch | 15300 Kutztown Road | Kutztown, PA 19530 |
| Temple Branch | 4445 Kutztown Road | Temple, PA 19560 |
| Shoemakersville Branch | 455 Main Street | Shoemakersville, PA 19555 |
| Blandon Office | 917 Park Road | Blandon, PA 19510 |
| Lyons Branch | East State Avenue and 3 South Main Street | Lyons Station, PA 19536 |
| Fleetwood Bank | Main and Franklin Streets | Fleetwood, PA 19522 |