Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Slovenian Savings and Loan Association of Canonsburg

Based on 1 review
Slovenian Savings and Loan Association of Canonsburg
Overview / Commentary
130 Boone Avenue
Strabane, PA 15363

Slovenian Savings and Loan Association of Canonsburg is headquartered in Strabane and is the 107th largest bank in the state of Pennsylvania. It is also the 2,056th largest bank in the nation. It was established in 1925 and as of December of 2013, it had grown to 18 employees at 1 location. Slovenian Savings and Loan Association of Canonsburg has a A health rating.

Reviews (1)

Great Rates Solid Institution

Great rates, more than double other banks in the area.

Fantastic, personal customer service.

If you are getting 1% return elsewhere, check them out and get double.



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A

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, 2013 Slovenian Savings and Loan Association of Canonsburg had $3.67 million in non-current loans and owned real-estate with $41.99 million in equity and loan loss allowances on hand to cover it. This gives Slovenian Savings and Loan Association of Canonsburg a Texas Ratio of 8.73% 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 Slovenian Savings and Loan Association of Canonsburg experienced no significant changes from 9.61% as of December 31, 2012 to 8.73% as of December 31, 2013, resulting in a positive change of 9.14%.This indicates that the balance sheet and financial strength for Slovenian Savings and Loan Association of Canonsburg has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Slovenian Savings and Loan Association of Canonsburg has increased its total deposits by $20.03 million, resulting in 7.81% 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 Slovenian Savings and Loan Association of Canonsburg 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. Slovenian Savings and Loan Association of Canonsburg has $317.2 million in assets with $41.99 million in equity, resulting in a capitalization level of 13.24%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #27686
Year Established1925
Employees18
Primary RegulatorFDIC
Assets and Liabilities
Assets$317.20 million
Loans$151.61 million
Deposits$276.47 million
Equity Capital$40.46 million
Loan Loss Allowance$1.53 million
Unbacked Noncurrent Loans$3.48 million
Real Estate Owned$182,000
Historic Data - December 2012
Assets$293.70 million
Equity Capital$37.08 million
Loan Loss Allowance$1.34 million
Unbacked Noncurrent Loans$3.48 million
Real Estate Owned$333,000
Profit Margin - Quarterly
Net Interest Margin2.87%
Return on Assets1.08%
Return on Equity8.5%
Interest Income$14.16 million
Rates

Sorry, we do not have rate data for Slovenian Savings and Loan Association of Canonsburg

Locations


Slovenian Savings and Loan Association of Canonsburg Locations
Slovenian Savings and Loan Association Of Canonsbu130 Boone AvenueStrabane, PA 15363