Affinity Bank of Pennsylvania

Headquarters

1310 Broadcasting Road
Wyomissing, PA 19610
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Affinity Bank of Pennsylvania is an FDIC insured institution located in Wyomissing, PA. It was founded in 2003 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57478
Date Established 2003
Assets $ 174.72 million
Loans $ 78.42 million
Deposits $ 148.82 million
Capital $ 12.45 million
 

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

Deposit Rates - December 1, 2020

Your Current Location: Virginia, VA 20146

 

Loan Rates - December 1, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Affinity Bank of Pennsylvania

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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New American Funding
NMLS ID: 6606
2.611% 2.500% 0.88 $3,672 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to Affinity Bank of Pennsylvania
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Branches

Affinity Bank of Pennsylvania 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:
Ashburn,Virginia


Affinity Bank of Pennsylvania Locations


Financial Details

Affinity Bank of Pennsylvania Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Affinity Bank of Pennsylvania. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Affinity Bank of Pennsylvania U.S. Bank Average
30.94% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Affinity Bank of Pennsylvania had $3,097,000 in non-current loans and $1,107,000 in owned real estate. To cover these potential losses it had $12,454,000 in equity and $1,132,000 in loans loss reserves. That gives it a Texas Ratio of 30.94%.

Return on Equity
Affinity Bank of Pennsylvania U.S. Bank Average
-2.28% 7.80%

Affinity Bank of Pennsylvania has a Return on Equity of -2.28% versus the BestCashCow average of 7.80%. 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
Affinity Bank of Pennsylvania U.S. Bank Average
7.13% 12.68%

Affinity Bank of Pennsylvania has a Capitalization of 7.13% versus the BestCashCow average of 12.68. 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.

Affinity Bank of Pennsylvania Balance Sheet Analysis

As of December 31, 2012, Affinity Bank of Pennsylvania had assets of $174,717,000, loans of $78,421,000, and deposits of $148,823,000. 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.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 78.42 million
Loan loss allowance $ 1.13 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.11 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 148.82 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 174.72 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Affinity Bank of Pennsylvania’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Pennsylvania, Affinity Bank of Pennsylvania has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 61.31
Multifamily
Mortgages
2.57
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 13.02
Construction and Development Loans 2.98
Commercial Real Estate 16.33
Commercial and Industrial Loans 17.70
Farm Loans 0.00

Frequently Asked Questions About Affinity Bank Of Pennsylvania

Branches and Savings

Is Affinity Bank Of Pennsylvania FDIC insured?

Yes. It is covered under FDIC Certificate #57478.

Why does Affinity Bank Of Pennsylvania pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Affinity Bank Of Pennsylvania CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Affinity Bank Of Pennsylvania a commercial bank?

Yes

Where are Affinity Bank Of Pennsylvania locations?

See branch locations nearby.

Is Affinity Bank Of Pennsylvania open on Saturdays?

Is Affinity Bank Of Pennsylvania open on Sundays?

What time does Affinity Bank Of Pennsylvania open?

What time does Affinity Bank Of Pennsylvania close?

Are Affinity Bank Of Pennsylvania ATMs Open 24/7?

Do Affinity Bank Of Pennsylvania ATMs accept cash deposits?

Can Affinity Bank Of Pennsylvania customers use other ATMs?

Do Affinity Bank Of Pennsylvania branches have notaries?

Will Affinity Bank Of Pennsylvania notarize my document?

What address for Affinity Bank Of Pennsylvania should I put for incoming ACH transfers?

Will the Affinity Bank Of Pennsylvania branch print checks?

Do Affinity Bank Of Pennsylvania checks expire?

Does Affinity Bank Of Pennsylvania require US citizenship to open account?

Can Affinity Bank Of Pennsylvania close my account?

Does Affinity Bank Of Pennsylvania Report to credit bureaus?

Does Affinity Bank Of Pennsylvania Use Equifax?

What is Affinity Bank Of Pennsylvania's ACH Routing Number?

What is Affinity Bank Of Pennsylvania's SWIFT code?

Products

Does Affinity Bank Of Pennsylvania offer mortgages?

Compare mortgage rates here.

Does Affinity Bank Of Pennsylvania offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Affinity Bank Of Pennsylvania offer personal loans?

Compare personal loan rates here.

Does Affinity Bank Of Pennsylvania offer student loans?

Will Affinity Bank Of Pennsylvania cash a check?

Will Affinity Bank Of Pennsylvania redeem a savings bond?

Does Affinity Bank Of Pennsylvania cash savings bonds?

Will Affinity Bank Of Pennsylvania cash money orders?

Can Affinity Bank Of Pennsylvania issue a money order?

Does Affinity Bank Of Pennsylvania do currency exchange?

Background on The Bank

Who owns Affinity Bank Of Pennsylvania?

How long has Affinity Bank Of Pennsylvania been around?

Can Affinity Bank Of Pennsylvania transfer to other banks?

Does Affinity Bank Of Pennsylvania have quick pay?

Does Affinity Bank Of Pennsylvania accept rolled coins?

Will Affinity Bank Of Pennsylvania accept loose change?

Where is Affinity Bank Of Pennsylvania headquarters?

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