Park Sterling Bank

1043 E Morehead St, # 201
Charlotte, NC 28204

General Bank Information

FDIC Insured Yes

FDIC Certificate # 58408

Date Established 2006

Park Sterling Bank is an FDIC insured institution located in Charlotte, NC. It was founded in 2006 and has approximately $2.32 billion in assets. Customers can open an account via one of its 44 branches.

Park Sterling Bank Financial Size

Assets $2.32 billion
Loans $1.55 billion
Deposits $1.87 billion
Capital $0.28 billion

For a more detailed analysis of Park Sterling Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.09
Multifamily
Mortgages
3.06
Credit Card Loans 0.01
Consumer Auto Loans 0.19
Small Business Loans 15.13
Construction and Development Loans 12.87
Commercial Real Estate 43.77
Commercial and Industrial Loans 9.64
Farm Loans 0.01



The top three loan types in Park Sterling Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks, Park Sterling Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.


Your Current Location:
NEW JERSEY, NJ 07095


CD Rates APY Min Max More
3 Mo CD 10K 0.10% $5,000 -
6 Mo CD 10K 0.25% $5,000 -
12 Mo CD 10K 0.35% $5,000 -
18 Mo CD 10K 0.40% $5,000 -
24 Mo CD 10K 0.60% $5,000 -
30 Mo CD 10K 0.60% $5,000 -
36 Mo CD 10K 0.70% $5,000 -
48 Mo CD 10K 1.01% $5,000 -
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Savings 2.5K 0.05% $500 -
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MM 2.5K 0.01% $1,000 $9,999
MM 10K 0.05% $10,000 $24,999
MM 25K 0.10% $25,000 $49,999
Int Checking Rates APY Min Max More
Int Ckg 0K 0.02% $2,500 -

Your Current Location:
NEW JERSEY, NJ 07095


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Branches

Park Sterling Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
WOODBRIDGE,NEW JERSEY



Park Sterling Bank Locations

Park Sterling Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Park Sterling Bank. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Park Sterling Bank U.S. Bank Average
Texas Ratio 7.49% 10.62%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of September 30, 2014, Park Sterling Bank had $8,380,000 in non-current loans and $13,294,000 in owned real estate. To cover these potential losses it had $279,950,000 in equity and $9,458,000 in loans loss reserves. That gives it a Texas Ratio of 7.49%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity 5.15% 9.04%

Park Sterling Bank has a Return on Equity of 5.15% versus the BestCashCow average of 9.04%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization 12.08% 11.20%

Park Sterling Bank has a Capitalization of 12.08% versus the BestCashCow average of 11.20%. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Park Sterling Bank Balance Sheet Analysis

As of September 30, 2014, Park Sterling Bank had assets of $2,317,762,000, loans of $1,547,460,000, and deposits of $1,870,875,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

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