Parkway Bank (NC)

Parkway Bank (NC) is headquartered in Lenoir and is the 75^th largest bank in the state of North Carolina. It is also the 4,636^th largest bank in the nation. It was established in 2001 and as of March of 2012, it had grown to 44 employees at 3 locations. Parkway Bank (NC) has a 1-star health rating.

Data for Q1 2012

Institution Statistics Parkway Bank FDIC Certificate # 57158 BankRate Report View Year Established 2001 Employees 44 Primary Regulator FDIC Assets and Liabilities Assets $112.98 million Loans $73.14 million Deposits $106.63 million Equity Capital $3.15 million Loan Loss Allowance $2.11 million Unbacked Noncurrent Loans $3.99 million Real Estate Owned $4.35 million Historic Data - March 2011 Assets $115.28 million Equity Capital $5.01 million Loan Loss Allowance $4.19 million Unbacked Noncurrent Loans $11.63 million Real Estate Owned $868,000 Profit Margin - Quarterly Net Interest Margin 3.4% Return on Assets 0.45% Return on Equity 15.7% Interest Income $1.08 million

Institution Health Overall Score: 1 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 Parkway Bank (NC) had $8.34 million in non-current loans and owned real-estate with $5.26 million in equity and loan loss allowances on hand to cover it. This gives Parkway Bank (NC) a Texas Ratio of 158.46% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Parkway Bank (NC) increased slightly from 135.91% as of March 31, 2011 to 158.46% as of March 31, 2012, resulting in a negative change of 16.59%. This indicates that the balance sheet and financial strength for Parkway Bank (NC) has declined slightly in recent periods. Deposit Growth In the past year, Parkway Bank (NC) has decreased its total deposits by $-369,000, resulting in -0.34% 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 Parkway Bank (NC) 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. Parkway Bank (NC) has $112.98 million in assets with $5.26 million in equity, resulting in a capitalization level of 4.66%, which is poor.

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