Paramount Bank (MO)


Overview / Commentary
314-731-0229
622 Emerson Rd., Ste. 325
St. Louis, MO 63141

Paramount Bank (MO) is headquartered in Hazelwood and is the 163rd largest bank in the state of Missouri. It is also the 3,660th largest bank in the nation. It was established in 2004 and as of September of 2019, it had grown to 134 employees at 1 location. Paramount Bank (MO)'s money market rates are 3X the national average, and it has a B health rating.

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Paramount Bank Product Line Available Nationwide - 1/30/2020

Paramount Bank's (MO) product line is available nationwide, including a 12-60 month CD, which earns 2.25% APY. Minimum opening deposit is $1k. Also as an IRA.

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Health

Health Grade Components

Overall
FDIC Certificate #57884
Year Established2004
Employees134
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD0.56%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$126.7MM$33.2MM
LoansQ3 2019vs Q3 2018$105.1MM$21.2MM
DepositsQ3 2019vs Q3 2018$56.5MM$22.4MM
Equity CapitalQ3 2019vs Q3 2018$9.6MM$7.6MM
Loan Loss AllowanceQ3 2019vs Q3 2018$274.00K$125.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$0$0
Real Estate OwnedQ3 2019vs Q3 2018$2.0MM$2.0MM
Rates
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Paramount Bank (MO) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$100-Personal Statement Savings
0.50%--Minor Savings

Paramount Bank (MO) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$5k-Business Money Market
1.25%$2k-Money Market Deposit

Paramount Bank (MO) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%--High Interest Checking
0.25%--Privileged Checking

Paramount Bank (MO) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$1k-18 Month CD
2.00%$1k-12 Month CD
1.75%$1k-36 Month CD
1.75%$1k-48 Month CD
1.75%$1k-60 Month CD
1.75%$1k-24 Month CD
1.00%$1k-6 Month CD

Paramount Bank (MO) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$1k-18 Month IRA
2.00%$1k-12 Month IRA
1.75%$1k-36 Month IRA
1.75%$1k-48 Month IRA
1.75%$1k-60 Month IRA
1.75%$1k-24 Month IRA
1.00%$1k-6 Month IRA
Locations


Paramount Bank (MO) Locations
Superior Bank90 Village Square Shopping CenterHazelwood, MO 63042

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