Average User Rating:
5 star rating based on 1 review.

Quaint Oak Bank

501 Knowles Avenue
Southampton, PA 18966
215.364.4059
www.quaintoak.com

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Quaint Oak Bank is headquartered in Southampton and is the 168^th largest bank in the state of Pennsylvania. It is also the 4,502^nd largest bank in the nation. It was established in 1926 and as of December of 2012, it had grown to 31 employees at 2 locations. Quaint Oak Bank's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Competitive 5-Year CD & Savings Account Rates at Quaint Oak Bank - PA Only - 6/12/2012

Quaint Oak Bank used to accept out-of-state deposits, but that ended last year. They still accept applications by mail for Pennsylvania residents. That allows PA residents to get a good deal for a 5-y ...

Competitive CD Rates Continue at Quaint Oak Bank in PA - 12/15/2011

Quaint Oak Bank continues to offer competitive long-term CD and IRA CD rates. The three best rates are 2.20% APY for 5 years, 1.75% APY for 4 years and 1.50% APY for 3 years. Minimum deposit is $500. ...

Competitive Long-Term CD Rates at Quaint Oak Bank in PA - Available Nationwide - 6/16/2011

Quaint Oak Bank has three competitive rates on its CDs and IRA CDs: 2.75% APY for 5 years, 2.30% APY for 4 years and 2.00% APY for 3 years. Its shorter term CDs are not quite as competitive. Minimum d ...

Top Long-Term CD Rates At A Pennsylvania Bank (Forum) - 4/4/2011

Quaint Oak Bank with two branches in Pennsylvania is offering the following very competitive long-term CD rates (as of 4/4/2011): 3.00% APY 5-years 2.75% APY 4-years 2.25% APY 3-years Minimum deposit is $500. Reports from Bankaholic say the bank

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See Rates for: Savings | CD | IRA

Quaint Oak Bank Savings Account Rates

Apy	Min	Max	Product
0.75%	$25	$250k	eSavings
0.40%	$25k	-	Statement Savings
0.25%	-	-	IRA Savings Account

Quaint Oak Bank CD Rates

Apy	Min	Max	Product
1.55%	$500	-	60 Month CD
1.30%	$500	-	48 Month CD
1.05%	$500	-	36 Month CD
0.75%	$500	-	24 Month CD
0.55%	$500	-	18 Month CD
0.40%	$500	-	12 Month CD
0.25%	$500	-	6 Month CD

Quaint Oak Bank IRA Rates

Apy	Min	Max	Product
1.55%	$500	-	60 Month IRA
1.30%	$500	-	48 Month IRA
1.05%	$500	-	36 Month IRA
0.75%	$500	-	24 Month IRA
0.55%	$500	-	18 Month IRA
0.40%	$500	-	12 Month IRA
0.25%	$500	-	6 Month IRA

Rates updated: 5/23/2013

Data for Q4 2012

Institution Statistics

Quaint Oak Bank
FDIC Certificate #	35497
BankRate Report	View
Year Established	1926
Employees	31
Primary Regulator	FDIC
Assets and Liabilities
Assets	$115.77 million
Loans	$89.17 million
Deposits	$98.03 million
Equity Capital	$15.25 million
Loan Loss Allowance	$860,000
Unbacked Noncurrent Loans	$2.14 million
Real Estate Owned	$170,000
Historic Data - December 2011
Assets	$107.67 million
Equity Capital	$14.18 million
Loan Loss Allowance	$805,000
Unbacked Noncurrent Loans	$3.33 million
Real Estate Owned	$185,000
Profit Margin - Quarterly
Net Interest Margin	3.97%
Return on Assets	0.94%
Return on Equity	6.93%
Interest Income	$5.89 million

Institution Health

Overall Score:

5 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 December 31, 2012 Quaint Oak Bank had $2.31 million in non-current loans and owned real-estate with $16.11 million in equity and loan loss allowances on hand to cover it. This gives Quaint Oak Bank a Texas Ratio of 14.34% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Quaint Oak Bank decreased slightly from 23.45% as of December 31, 2011 to 14.34% as of December 31, 2012, resulting in a positive change of 38.85%.This indicates that the balance sheet and financial strength for Quaint Oak Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Quaint Oak Bank has increased its total deposits by $8.68 million, resulting in 9.72% 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 Quaint Oak Bank has shown is excellent.
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. Quaint Oak Bank has $115.77 million in assets with $16.11 million in equity, resulting in a capitalization level of 13.92%, which is excellent.