Portage Community Bank

Portage Community Bank Locations
1311 East Main Street
Ravenna, OH 44266
330.296.8090
www.pcbbank.com

Portage Community Bank is headquartered in Ravenna and is the 68th largest bank in the state of Ohio. It is also the 2,382nd largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 52 employees at 2 locations. Portage Community Bank has a 4-star health rating.

Portage Community Bank Routing Number: 041215498



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See Rates for: Checking | Savings | CD | IRA

Portage Community Bank Checking Account Rates

ApyMinMaxProduct
0.55%$50k-IOLTA / IOTA Interest Checking
0.35%$50k-Community Premier Checking
0.15%$20k-Community Interest Checking
0.15%$20k-Prestige Checking
0.15%$20k-Community Business Interest Checking

Portage Community Bank Savings Account Rates

ApyMinMaxProduct
0.55%$100k-Community Index Account
0.55%$100k-Community Business Index Account
0.25%--Health Savings Account
0.25%--Community Savings IRA
0.20%$25k-Community Public Fund Index Account
0.15%--Community Passbook Savings
0.15%--Community Statement Savings
0.15%--Community Business Statement Savings

Portage Community Bank CD Rates

ApyMinMaxProduct
1.85%$1k-84 Month CD
1.85%$1k-Business 84 Month CD
1.55%$1k-60 Month CD
1.55%$1k-Business 60 Month CD
1.30%$100k-60 Month Jumbo CD
1.30%$100k-60 Month Public Fund Jumbo CD
1.15%$1k-48 - 59 Month CD
1.15%$1k-Business 48 - 59 Month CD
1.10%$100k-48 - 59 Month Jumbo CD
1.10%$100k-48 - 59 Month Public Fund Jumbo CD
0.85%$1k-36 - 47 Month CD
0.85%$1k-Business 36 - 47 Month CD
0.70%$1k-24 - 35 Month CD
0.70%$1k-Business 24 - 35 Month CD
0.70%$100k-36 - 47 Month Jumbo CD
0.70%$100k-36 - 47 Month Public Fund Jumbo CD
0.50%$1k-12 - 23 Month CD
0.50%$1k-Business 12 - 23 Month CD
0.50%$100k-24 - 35 Month Jumbo CD
0.50%$100k-24 - 35 Month Public Fund Jumbo CD
0.30%$1k-180 - 364 Day CD
0.30%$1k-Business 180 - 364 Day CD
0.30%$100k-270 - 364 Day Jumbo CD
0.30%$100k-12 - 23 Month Jumbo CD
0.30%$100k-270 - 364 Day Public Fund Jumbo CD
0.30%$100k-12 - 23 Month Public Fund Jumbo CD
0.25%$100k-180 - 269 Day Jumbo CD
0.25%$100k-180 - 269 Day Public Fund Jumbo CD
0.20%$1k-90 - 179 Day CD
0.20%$1k-Business 90 - 179 Day CD
0.15%$100k-120 - 149 Day Jumbo CD
0.15%$100k-150 - 179 Day Jumbo CD
0.15%$100k-120 - 149 Day Public Fund Jumbo CD
0.15%$100k-150 - 179 Day Public Fund Jumbo CD
0.10%$1k-30 - 89 Day CD
0.10%$1k-Business 30 - 89 Day CD
0.10%$100k-90 - 119 Day Jumbo CD
0.10%$100k-90 - 119 Day Public Fund Jumbo CD
0.05%$100k-14 - 29 Day Jumbo CD
0.05%$100k-30 - 59 Day Jumbo CD
0.05%$100k-60 - 89 Day Jumbo CD
0.05%$100k-14 - 29 Day Public Fund Jumbo CD
0.05%$100k-30 - 59 Day Public Fund Jumbo CD
0.05%$100k-60 - 89 Day Public Fund Jumbo CD

Portage Community Bank IRA Rates

ApyMinMaxProduct
1.55%$1k-60 Month IRA
1.15%$1k-48 - 59 Month IRA
0.85%$1k-36 - 47 Month IRA
0.70%$1k-24 - 35 Month IRA
0.50%$1k-12 - 23 Month IRA
0.30%$1k-9 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


Portage Community Bank
FDIC Certificate #34760
BankRate ReportView
Year Established1998
Employees52
Primary RegulatorFED

Assets and Liabilities

Assets$271.06 million
Loans$176.11 million
Deposits$231.23 million
Equity Capital$23.46 million
Loan Loss Allowance$3.26 million
Unbacked Noncurrent Loans$3.82 million
Real Estate Owned$474,000

Historic Data - March 2011

Assets$253.98 million
Equity Capital$21.59 million
Loan Loss Allowance$2.79 million
Unbacked Noncurrent Loans$2.81 million
Real Estate Owned$922,000

Profit Margin - Quarterly

Net Interest Margin3.59%
Return on Assets0.51%
Return on Equity5.86%
Interest Income$2.76 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 Portage Community Bank had $4.29 million in non-current loans and owned real-estate with $26.72 million in equity and loan loss allowances on hand to cover it. This gives Portage Community Bank a Texas Ratio of 16.06% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Portage Community Bank held steady from 14.86% as of March 31, 2011 to 16.06% as of March 31, 2012, resulting in a negative change of 8.13%. This indicates that the balance sheet and financial strength for Portage Community Bank has held steady in recent periods.
Deposit Growth5
In the past year, Portage Community Bank has increased its total deposits by $17.08 million, resulting in 7.97% 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 Portage Community Bank has shown is excellent.
Capitalization3
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. Portage Community Bank has $271.06 million in assets with $26.72 million in equity, resulting in a capitalization level of 9.86%, which is average.
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