Plaza Park State Bank

Plaza Park State Bank is headquartered in Waite Park and is the 107^th largest bank in the state of Minnesota. It is also the 3,618^st largest bank in the nation. It was established in 1910 and as of March of 2012, it had grown to 36 employees at 2 locations. Plaza Park State Bank has a 3-star health rating.

Plaza Park State Bank Routing Number: 091909178

Plaza Park State Bank Checking Account Rates

Plaza Park State Bank Savings Account Rates

Plaza Park State Bank Money Market Rates

Plaza Park State Bank CD Rates

Plaza Park State Bank IRA Rates

Data for Q1 2012

Institution Statistics Plaza Park State Bank FDIC Certificate # 12186 BankRate Report View Year Established 1910 Employees 36 Primary Regulator FED Assets and Liabilities Assets $164.84 million Loans $131.77 million Deposits $147.77 million Equity Capital $15.57 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $6.10 million Real Estate Owned $239,000 Historic Data - March 2011 Assets $159.17 million Equity Capital $14.50 million Loan Loss Allowance $1.79 million Unbacked Noncurrent Loans $2.41 million Real Estate Owned $89,000 Profit Margin - Quarterly Net Interest Margin 4.94% Return on Assets 1.57% Return on Equity 16.72% Interest Income $2.06 million

Institution Health Overall Score: 3 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 Plaza Park State Bank had $6.34 million in non-current loans and owned real-estate with $17.32 million in equity and loan loss allowances on hand to cover it. This gives Plaza Park State Bank a Texas Ratio of 36.59% 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 Plaza Park State Bank increased slightly from 15.37% as of March 31, 2011 to 36.59% as of March 31, 2012, resulting in a negative change of 138.02%. This indicates that the balance sheet and financial strength for Plaza Park State Bank has declined slightly in recent periods. Deposit Growth In the past year, Plaza Park State Bank has increased its total deposits by $4.54 million, resulting in 3.17% 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 Plaza Park State 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. Plaza Park State Bank has $164.84 million in assets with $17.32 million in equity, resulting in a capitalization level of 10.51%, which is above average.

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