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215-364-4059
501 Knowles Avenue
Southampton, PA 18966

Quaint Oak Bank is headquartered in Southampton and is the 154th largest bank in the state of Pennsylvania. It is also the 4,043rd largest bank in the nation. It was established in 1926 and as of March of 2014, it had grown to 33 employees at 2 locations. Quaint Oak Bank's savings rates are 44% higher than the national average, and it has a A health rating.

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Reviews (1)

Great Bank And Customer Service

Been with bank for the last few years and customer service has been great!



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
B+

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 Quaint Oak Bank had $2.27 million in non-current loans and owned real-estate with $16.68 million in equity and loan loss allowances on hand to cover it. This gives Quaint Oak Bank a Texas Ratio of 13.61% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Quaint Oak Bank decreased slightly from 17.03% as of March 31, 2013 to 13.61% as of March 31, 2014, resulting in a positive change of 20.04%.This indicates that the balance sheet and financial strength for Quaint Oak Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Quaint Oak Bank has increased its total deposits by $4.64 million, resulting in 4.47% 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

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. Quaint Oak Bank has $131.84 million in assets with $16.68 million in equity, resulting in a capitalization level of 12.65%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #35497
Year Established1926
Employees33
Primary RegulatorFDIC
Assets and Liabilities
Assets$131.84 million
Loans$115.71 million
Deposits$108.26 million
Equity Capital$15.64 million
Loan Loss Allowance$1.04 million
Unbacked Noncurrent Loans$1.86 million
Real Estate Owned$408,000
Historic Data - March 2013
Assets$121.45 million
Equity Capital$15.41 million
Loan Loss Allowance$912,000
Unbacked Noncurrent Loans$1.86 million
Real Estate Owned$199,000
Profit Margin - Quarterly
Net Interest Margin4.6%
Return on Assets0.65%
Return on Equity5.36%
Interest Income$1.79 million
Rates
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Quaint Oak Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.75%$25$250keSavings
0.40%$25k-Statement Savings
0.25%--IRA Savings Account

Quaint Oak Bank CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$500-60 Month CD
1.70%$500-48 Month CD
1.50%$500-36 Month CD
1.25%$500-24 Month CD
0.75%$500-18 Month CD
0.45%$500-12 Month CD
0.35%$500-6 Month CD

Quaint Oak Bank IRA Rates

DetailsAPYMINMAXPRODUCT
2.00%$500-60 Month IRA
1.70%$500-48 Month IRA
1.50%$500-36 Month IRA
1.25%$500-24 Month IRA
0.75%$500-18 Month IRA
0.45%$500-12 Month IRA
0.35%$500-6 Month IRA
Locations


Quaint Oak Bank Locations
Allentown Branch1710 Union Blvd.Allentown, PA 18109
Quaint Oak Bank501 Knowles AvenueSouthampton, PA 18966