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Overview / Commentary
215-938-8800
3993 Huntingdon Pike
Huntingdon Valley, PA 19006

Polonia Bank is headquartered in Huntingdon Valle and is the 115st largest bank in the state of Pennsylvania. It is also the 2,168th largest bank in the nation. It was established in 1923 and as of March of 2014, it had grown to 75 employees at 6 locations. Polonia Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

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 Polonia Bank had $2.2 million in non-current loans and owned real-estate with $35.64 million in equity and loan loss allowances on hand to cover it. This gives Polonia Bank a Texas Ratio of 6.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Polonia Bank experienced no significant changes from 6.50% as of March 31, 2013 to 6.16% as of March 31, 2014, resulting in a positive change of 5.14%.This indicates that the balance sheet and financial strength for Polonia Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Polonia Bank has increased its total deposits by $3.58 million, resulting in 1.77% 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 Polonia Bank has shown is above average.

Capitalization

GRADE:
A

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. Polonia Bank has $302.48 million in assets with $35.64 million in equity, resulting in a capitalization level of 11.78%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #29282
Year Established1923
Employees75
Primary RegulatorOCC
Assets and Liabilities
Assets$302.48 million
Loans$203.35 million
Deposits$205.94 million
Equity Capital$34.26 million
Loan Loss Allowance$1.38 million
Unbacked Noncurrent Loans$1.46 million
Real Estate Owned$741,000
Historic Data - March 2013
Assets$262.01 million
Equity Capital$34.54 million
Loan Loss Allowance$1.50 million
Unbacked Noncurrent Loans$1.46 million
Real Estate Owned$133,000
Profit Margin - Quarterly
Net Interest Margin2.86%
Return on Assets0%
Return on Equity0%
Interest Income$2.83 million
Rates

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

Polonia Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$100-IRA Statement Account
0.15%$100-Passbook Account
0.15%$100-Statement Savings

Polonia Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$100k-Money Market Account

Polonia Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-Now Checking

Polonia Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.60%--60 Month CD
1.45%--54 Month CD
1.30%--48 Month CD
1.15%--42 Month CD
1.00%--36 Month CD
0.90%--30 Month CD
0.70%--24 Month CD
0.55%--18 Month CD
0.40%--12 Month CD
0.25%--6 Month CD
Locations


Polonia Bank Locations
Spring Garden Street Branch2133 Spring Garden StreetPhiladelphia, PA 19130
Pulaski Branch2352 Orthodox StreetPhiladelphia, PA 19137
East Allegheny Avenue Branch2646 East Allegheny AvePhiladelphia, PA 19134
Polonia Bank3993 Huntingdon PikeHuntingdon Valley, PA 19006
Richmond Street Branch4800 Richmond StreetPhiladelphia, PA 19137
Frankford Ave Branch8000 Frankford AvePhiladelphia, PA 19136
Torresdale Branch8910 Frankford AvenuePhiladelphia, PA 19136