Pacific National Bank

Pacific National Bank is headquartered in Miami and is the 68^th largest bank in the state of Florida. It is also the 1,829^th largest bank in the nation. It was established in 1985 and as of March of 2012, it had grown to 71 employees at 1 location. Pacific National Bank's money market rates are 14% higher than the national average, and it has a 4-star health rating.

Pacific National Bank Routing Number: 066011350

Pacific National Bank Checking Account Rates

Pacific National Bank Savings Account Rates

Pacific National Bank Money Market Rates

Data for Q1 2012

Institution Statistics Pacific National Bank FDIC Certificate # 26299 BankRate Report View Year Established 1985 Employees 71 Primary Regulator OCC Assets and Liabilities Assets $362.03 million Loans $134.25 million Deposits $225.98 million Equity Capital $41.17 million Loan Loss Allowance $2.77 million Unbacked Noncurrent Loans $10.65 million Real Estate Owned $5.36 million Historic Data - March 2011 Assets $348.91 million Equity Capital $42.78 million Loan Loss Allowance $3.78 million Unbacked Noncurrent Loans $12.65 million Real Estate Owned $3.44 million Profit Margin - Quarterly Net Interest Margin 3.66% Return on Assets -0.43% Return on Equity -3.76% Interest Income $2.95 million

Institution Health Overall Score: 4 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 Pacific National Bank had $16.02 million in non-current loans and owned real-estate with $43.94 million in equity and loan loss allowances on hand to cover it. This gives Pacific National Bank a Texas Ratio of 36.46% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pacific National Bank held steady from 34.56% as of March 31, 2011 to 36.46% as of March 31, 2012, resulting in a negative change of 5.50%. This indicates that the balance sheet and financial strength for Pacific National Bank has held steady in recent periods. Deposit Growth In the past year, Pacific National Bank has increased its total deposits by $11.74 million, resulting in 5.48% 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 Pacific National Bank has shown is excellent. 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. Pacific National Bank has $362.03 million in assets with $43.94 million in equity, resulting in a capitalization level of 12.14%, which is excellent.

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