PennCrest Bank

Overview / Commentary
1201 12th Street
Altoona, PA 16601

PennCrest Bank is headquartered in ALTOONA and is the 101st largest bank in the state of Pennsylvania. It is also the 2,907th largest bank in the nation. It was established in 1939 and as of June of 2023, it had grown to 49 employees at 8 locations. PennCrest Bank has an A health rating.


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Health Grade Components

FDIC Certificate #30119
Year Established1939
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.3%
Return on Equity - YTD2.6%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$217.9MM$215.0MM
LoansQ2 2023vs Q2 2022$142.2MM$138.9MM
DepositsQ2 2023vs Q2 2022$186.6MM$179.0MM
Equity CapitalQ2 2023vs Q2 2022$25.9MM$26.0MM
Loan Loss AllowanceQ2 2023vs Q2 2022$514.00K$639.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$940.00K$492.00K
Real Estate OwnedQ2 2023vs Q2 2022$150.00K$150.00K

Rates for PennCrest Bank are currently being reviewed.


PennCrest Bank Locations
Gallitzin Branch117 Chestnut StreetGallitzin, PA 16641
C&g Savings Bank1201 12th StAltoona, PA 16601
Nanty Glo Branch1306 Shoemaker StreetNanty Glo, PA 15943
Altoona Branch3301 Pleasant Valley BoulevardAltoona, PA 16602
408 Allegheny Street Branch408 Allegheny StreetHollidaysburg, PA 16648
Patton Plaza Branch433 Railroad AvePatton, PA 16668
Cresson Br700 Second StreetCresson, PA 16630

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