The Luzerne Bank

The Luzerne Bank is headquartered in Luzerne and is the 108^th largest bank in the state of Pennsylvania. It is also the 2,131^st largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 79 employees at 8 locations. The Luzerne Bank has a 5-star health rating.

The Luzerne Bank Checking Account Rates

The Luzerne Bank Savings Account Rates

The Luzerne Bank Money Market Rates

The Luzerne Bank CD Rates

The Luzerne Bank IRA Rates

Data for Q1 2012

Institution Statistics The Luzerne Bank FDIC Certificate # 7586 BankRate Report View Year Established 1907 Employees 79 Primary Regulator FED Assets and Liabilities Assets $306.76 million Loans $233.09 million Deposits $267.09 million Equity Capital $27.28 million Loan Loss Allowance $3.11 million Unbacked Noncurrent Loans $1.47 million Real Estate Owned $31,000 Historic Data - March 2011 Assets $278.18 million Equity Capital $25.56 million Loan Loss Allowance $2.58 million Unbacked Noncurrent Loans $651,000 Real Estate Owned $120,000 Profit Margin - Quarterly Net Interest Margin 3.91% Return on Assets 0.76% Return on Equity 8.53% Interest Income $3.08 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 March 31, 2012 The Luzerne Bank had $1.5 million in non-current loans and owned real-estate with $30.39 million in equity and loan loss allowances on hand to cover it. This gives The Luzerne Bank a Texas Ratio of 4.95% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Luzerne Bank held steady from 2.83% as of March 31, 2011 to 4.95% as of March 31, 2012, resulting in a negative change of 75.17%. This indicates that the balance sheet and financial strength for The Luzerne Bank has held steady in recent periods. Deposit Growth In the past year, The Luzerne Bank has increased its total deposits by $25.48 million, resulting in 10.54% 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 The Luzerne 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. The Luzerne Bank has $306.76 million in assets with $30.39 million in equity, resulting in a capitalization level of 9.91%, which is average.

No reviews have been left for this bank yet. Be the first to review.