The Pitney Bowes Bank, Inc.

The Pitney Bowes Bank, Inc. is headquartered in Salt Lake City and is the 21^st largest bank in the state of Utah. It is also the 897^th largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 16 employees at 1 location. The Pitney Bowes Bank, Inc. has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Pitney Bowes Bank, Inc. FDIC Certificate # 34599 BankRate Report View Year Established 1998 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $748.09 million Loans $358.58 million Deposits $620.53 million Equity Capital $54.66 million Loan Loss Allowance $15.64 million Unbacked Noncurrent Loans $10.41 million Historic Data - March 2011 Assets $712.65 million Equity Capital $50.96 million Loan Loss Allowance $18.85 million Unbacked Noncurrent Loans $12.39 million Profit Margin - Quarterly Net Interest Margin 15% Return on Assets 10.98% Return on Equity 148.98% Interest Income $25.84 million

Institution Health Overall Score: 4 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 Pitney Bowes Bank, Inc. had $10.41 million in non-current loans and owned real-estate with $70.3 million in equity and loan loss allowances on hand to cover it. This gives The Pitney Bowes Bank, Inc. a Texas Ratio of 14.81% 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 The Pitney Bowes Bank, Inc. decreased slightly from 17.74% as of March 31, 2011 to 14.81% as of March 31, 2012, resulting in a positive change of 16.51%.This indicates that the balance sheet and financial strength for The Pitney Bowes Bank, Inc. has improved slightly in recent periods. Deposit Growth In the past year, The Pitney Bowes Bank, Inc. has increased its total deposits by $13.82 million, resulting in 2.28% 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 Pitney Bowes Bank, Inc. has shown is above average. 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 Pitney Bowes Bank, Inc. has $748.09 million in assets with $70.3 million in equity, resulting in a capitalization level of 9.40%, which is average.

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