Categories
direct online payday loans

Prospect Bank. Prospect Bank Balance Sheet Analysis

Prospect Bank. Prospect Bank Balance Sheet Analysis

  • Overview
  • Deposit Prices
  • Loan Prices
  • Branches
  • Financial Details
  • FAQs
  • Reviews

Overview

General Bank Information

Prospect Bank is an FDIC insured organization located in Paris, IL. It had been established and contains roughly $0.57 billion in assets. Clients can start a merchant account at certainly one of its 11 branches.

For an even more step-by-step analysis of Prospect Bank’s monetary condition and a description of just just exactly exactly what these figures suggest, be sure to see the Financial Details area.

Deposit Prices

Your location that is current York, NY 10007

Loan Prices

Your location that is current York, NY 10007

You can find presently no loan prices designed for Prospect Bank

Please contact the lender for questions regarding their loan items. For the time being you may desire to evaluate these offerings:

Featured – Nyc Residence Equity Credit Line Prices

Note to Prospect Bank To upload and improve your bank’s prices please register. It really is able to register and include prices.

Branches

Prospect Bank branches and areas in town. Input a zip that is different to get branches and places for just about any community in the usa.

Your Local Area: Brand Brand Brand New York,New York

Prospect Bank Locations

Financial Details

Prospect Bank Ratio Research

The next ratios and information can be obtained to assist you better comprehend the condition that is financial of Bank. The information is given by the FDIC. All banks noted on BestCashCow are FDIC-insured. No depositor has ever lost deposits which were inside the FDIC insurance coverage limitations.

Texas Ratio

The Texas Ratio compares the bank’s non performing assets (non-performing loans and property owned) featuring its concrete typical equity and its own loan loss reserves. A lower life expectancy Texas ratio suggests better protection of issue loans. The closer the Texas Ratio is 1-to-1 or 100%, the less money and reserves a bank needs to soak up its loan losings.

Prospect Bank had $2,441,000 in non-current loans and $7,000 in owned estate that is real. To pay for these losses that payday loans Iowa are potential had $55,328,000 in equity and $3,082,000 in loans loss reserves. That offers it a Texas Ratio of 4.19per cent.

Return on Equity

Prospect Bank features a Return on Equity of 7.64per cent versus the BestCashCow average of 7.80%. Return on equity measures just just just exactly how effectively a bank is earning money from the money. A bank with a regularly high roe are considered well run. A bank with A roe that is consistently low can considered badly run.

Capitalization

Prospect Bank has a Capitalization of 9.76per cent versus the BestCashCow average of 12.68. Capitalization measures exactly exactly exactly how equity that is much a bank has got to underpin loans along with other assets on its balance sheet. The bigger the capitalization quantity the greater amount of safe a bank is regarded as.

Prospect Bank had assets of $566,772,000, loans of $358,624,000, and deposits of $475,191,000. Long-lasting increases in deposits programs a bank’s capability to raise funds to cultivate its loans and assets. Asset and loan development may increase or fall according to a bank’s technique for growth. Sharp rises and falls in assets, deposits, and loans could be problematic, showing a loosening of financing requirements, or monetary stress resulting in reduced lending. a large improvement in these figured could be from a bank purchase or merger.

Overview Balance Sheet

Mortgage Profile ?

The most notable three loan kinds in Prospect Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Multifamily Mortgages.

In comparison to other banking institutions in Illinois, Prospect Bank includes a dramatically greater % of Multifamily Mortgages on its stability sheet, possibly indicating a specialty in that financing area.

Note: Percentages may well not sum to 100per cent due to rounding and categorization that is double of loan kinds. All information through the FDIC. More information about that dining dining dining dining table.