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Overview / Commentary
315-343-0057
214 West First Street
Oswego, NY 13126

PathFinder Bank is headquartered in Oswego and is the 74th largest bank in the state of New York. It is also the 1,331st largest bank in the nation. It was established in 1859 and as of December of 2013, it had grown to 112 employees at 8 locations. PathFinder Bank's savings rates are 92% higher than the national average, and it has a B+ health rating.

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Health

Data for Q4 2013

B+
PathFinder Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

15977 - PathFinder Bank
57497 - Pathfinder Commercial Bank

Institution Health

Texas Ratio

GRADE:
B+

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 December 31, 2013 PathFinder Bank had $5.7 million in non-current loans and owned real-estate with $51.38 million in equity and loan loss allowances on hand to cover it. This gives PathFinder Bank a Texas Ratio of 11.09% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for PathFinder Bank experienced no significant changes from 11.70% as of December 31, 2012 to 11.09% as of December 31, 2013, resulting in a positive change of 5.27%.This indicates that the balance sheet and financial strength for PathFinder Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, PathFinder Bank has increased its total deposits by $18 million, resulting in 4.57% 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 PathFinder Bank has shown is excellent.

Capitalization

GRADE:
B+

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. PathFinder Bank has $503.74 million in assets with $51.38 million in equity, resulting in a capitalization level of 10.20%, which is above average.

Institution Statistics

Overall
FDIC Certificate #15977
Year Established1859
Employees112
Primary RegulatorFDIC
Assets and Liabilities
Assets$503.74 million
Loans$336.61 million
Deposits$411.81 million
Equity Capital$46.34 million
Loan Loss Allowance$5.04 million
Unbacked Noncurrent Loans$5.08 million
Real Estate Owned$619,000
Historic Data - December 2012
Assets$477.38 million
Equity Capital$44.21 million
Loan Loss Allowance$4.50 million
Unbacked Noncurrent Loans$5.08 million
Real Estate Owned$426,000
Profit Margin - Quarterly
Net Interest Margin3.49%
Return on Assets0.53%
Return on Equity5.83%
Interest Income$18.99 million
Rates

Always verify rates and promotions with the bank or credit union. We are not PathFinder Bank, we are a rate comparison website and can not provide official rates or promotions.

PathFinder Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%$50k-Health Savings Account
0.20%$25k-Pathfinder Business Savings
0.15%$10k-Extra Savings
0.05%$100-Statement Savings
0.05%$100-Passbook Savings
0.05%--Young Investor Club
0.05%$100-Holiday Club - Coupon
0.05%$100-Holiday Club - Passbook

PathFinder Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$75k-Money Market Deposit Account
0.25%$75k-Executive MMDA

PathFinder Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-Plus Checking
0.15%$25k-Money Management Checking
0.15%$10k-Business Checking
0.15%$25k-IOLA
0.05%$100-Extra Checking

PathFinder Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.40%$1k-7 Year CD
1.00%$1k-5 Year CD
0.90%$1k-4 Year Step Up CD
0.65%$1k-3 Year Step Up CD
0.65%$2,500-24 Month CD Special
0.60%$2,500-11 Month CD Special
0.45%$1k-2.5 Year CD
0.40%$1k-2 Year CD
0.35%$1k-18 Month Fixed CD
0.35%$1k-18 Month Variable CD
0.35%$100k-7 Month Variable Rate CD Special
0.30%$1k-15 Month CD
0.25%$1k-1 Year CD
0.25%$1k-18 Month EZ Open CD
0.15%$1k-6 Month CD
0.10%$2,500-30 Day CD
Locations

PathFinder Bank has 16 locations. Click to view all PathFinder Bank locations.