Third Federal Bank

Third Federal Bank Locations
950 Newton-Yardley Road
Newtown, PA 18940
215-579-4000
www.3rdfedbank.com

FDIC

Third Federal Bank is headquartered in Newtown and is the 48th largest bank in the state of Pennsylvania. It is also the 934th largest bank in the nation. It was established in 1921 and as of December of 2012, it had grown to 167 employees at 14 locations. Third Federal Bank has a 4-star health rating.

Third Federal Bank Routing Number: 231372183

Related Posts

9-Month CD & Money Market Account Specials In Philly Metro (Forum) - 11/26/2012

A reader reported about the following deposit specials at 3rd Fed Bank in Philadelphia, PA: 1.03% APY 9-month CD, $10,000 minimum, Personal accounts, New Money Only 1.03% APY Special Money Market Account Must go to a branch office to open. Hat tip

3.75% 30-Month CD at a Pennsylvania Bank (Third Federal). - 5/1/2008

Update 6/14/08: The CD special has changed. Please see the bank's website for the latest rates and specials.Update 5/17/08: The yield of this CD special has fallen to 3.75% APY. The checking requirement is no longer listed. The title has been modified to...


We are currently reviewing the rates for Third Federal Bank for accuracy. Please check back in a few hours.

Data for Q4 2012


Institution Statistics


3rd Fed Bank
OTS #02966
FDIC Certificate #29132
BankRate ReportView
Year Established1921
Employees167
Primary RegulatorFDIC

Assets and Liabilities

Assets$714.13 million
Loans$527.43 million
Deposits$567.61 million
Equity Capital$79.00 million
Loan Loss Allowance$6.92 million
Unbacked Noncurrent Loans$8.29 million
Real Estate Owned$7.28 million

Historic Data - December 2011

Assets$682.40 million
Equity Capital$74.21 million
Loan Loss Allowance$5.80 million
Unbacked Noncurrent Loans$10.24 million
Real Estate Owned$11.73 million

Profit Margin - Quarterly

Net Interest Margin3.85%
Return on Assets0.86%
Return on Equity7.8%
Interest Income$29.53 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 Third Federal Bank had $15.57 million in non-current loans and owned real-estate with $85.92 million in equity and loan loss allowances on hand to cover it. This gives Third Federal Bank a Texas Ratio of 18.12% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Third Federal Bank decreased slightly from 27.46% as of December 31, 2011 to 18.12% as of December 31, 2012, resulting in a positive change of 34.01%.This indicates that the balance sheet and financial strength for Third Federal Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, Third Federal Bank has increased its total deposits by $12.23 million, resulting in 2.2% 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 Third Federal Bank has shown is above average.
Capitalization5
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. Third Federal Bank has $714.13 million in assets with $85.92 million in equity, resulting in a capitalization level of 12.03%, which is excellent.
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