Allegheny Valley Bank of Pittsburgh

Headquarters

5137 Butler Street
Pittsburgh, PA 15201
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Allegheny Valley Bank of Pittsburgh is an FDIC insured institution located in Pittsburgh, PA. It was founded in 1900 and has approximately $0.45 billion in assets.

FDIC Insured Yes
FDIC Certificate # 6058
Date Established 1900
Assets $ 438.01 million
Loans $ 314.63 million
Deposits $ 334.14 million
Capital $ 48.40 million
 

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

Deposit Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 10, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Allegheny Valley Bank of Pittsburgh

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
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Note to Allegheny Valley Bank of Pittsburgh
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Branches

Allegheny Valley Bank of Pittsburgh 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:
Fairfield,Connecticut


Allegheny Valley Bank of Pittsburgh Locations


Financial Details

Allegheny Valley Bank of Pittsburgh Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Allegheny Valley Bank of Pittsburgh. 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
Allegheny Valley Bank of Pittsburgh U.S. Bank Average
10.34% 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, Allegheny Valley Bank of Pittsburgh had $5,362,000 in non-current loans and $42,000 in owned real estate. To cover these potential losses it had $48,396,000 in equity and $3,886,000 in loans loss reserves. That gives it a Texas Ratio of 10.34%.

Return on Equity
Allegheny Valley Bank of Pittsburgh U.S. Bank Average
6.16% 7.80%

Allegheny Valley Bank of Pittsburgh has a Return on Equity of 6.16% 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
Allegheny Valley Bank of Pittsburgh U.S. Bank Average
11.05% 12.68%

Allegheny Valley Bank of Pittsburgh has a Capitalization of 11.05% 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.

Allegheny Valley Bank of Pittsburgh Balance Sheet Analysis

As of March 31, 2017, Allegheny Valley Bank of Pittsburgh had assets of $446,704,000, loans of $314,627,000, and deposits of $334,137,000. 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 $ 314.63 million
Loan loss allowance $ 3.89 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 334.14 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 $ 438.01 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 Allegheny Valley Bank of Pittsburgh’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Pennsylvania, Allegheny Valley Bank of Pittsburgh has a significantly higher percent of Credit Card Loans, Small Business 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 45.48
Multifamily
Mortgages
3.07
Credit Card Loans 0.20
Consumer Auto Loans 0.02
Small Business Loans 15.34
Construction and Development Loans 4.10
Commercial Real Estate 37.10
Commercial and Industrial Loans 9.80
Farm Loans 0.00

Frequently Asked Questions About Allegheny Valley Bank Of Pittsburgh

Branches and Savings

Is Allegheny Valley Bank Of Pittsburgh FDIC insured?

Yes. It is covered under FDIC Certificate #6058.

Why does Allegheny Valley Bank Of Pittsburgh pay such low interest on savings accounts?

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

Why are Allegheny Valley Bank Of Pittsburgh CD rates not competitive?

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

Is Allegheny Valley Bank Of Pittsburgh a commercial bank?

Yes

Where are Allegheny Valley Bank Of Pittsburgh locations?

See branch locations nearby.

Is Allegheny Valley Bank Of Pittsburgh open on Saturdays?

Is Allegheny Valley Bank Of Pittsburgh open on Sundays?

What time does Allegheny Valley Bank Of Pittsburgh open?

What time does Allegheny Valley Bank Of Pittsburgh close?

Are Allegheny Valley Bank Of Pittsburgh ATMs Open 24/7?

Do Allegheny Valley Bank Of Pittsburgh ATMs accept cash deposits?

Can Allegheny Valley Bank Of Pittsburgh customers use other ATMs?

Do Allegheny Valley Bank Of Pittsburgh branches have notaries?

Will Allegheny Valley Bank Of Pittsburgh notarize my document?

What address for Allegheny Valley Bank Of Pittsburgh should I put for incoming ACH transfers?

Will the Allegheny Valley Bank Of Pittsburgh branch print checks?

Do Allegheny Valley Bank Of Pittsburgh checks expire?

Does Allegheny Valley Bank Of Pittsburgh require US citizenship to open account?

Can Allegheny Valley Bank Of Pittsburgh close my account?

Does Allegheny Valley Bank Of Pittsburgh Report to credit bureaus?

Does Allegheny Valley Bank Of Pittsburgh Use Equifax?

What is Allegheny Valley Bank Of Pittsburgh's ACH Routing Number?

What is Allegheny Valley Bank Of Pittsburgh's SWIFT code?

Products

Does Allegheny Valley Bank Of Pittsburgh offer mortgages?

Compare mortgage rates here.

Does Allegheny Valley Bank Of Pittsburgh offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Allegheny Valley Bank Of Pittsburgh offer personal loans?

Compare personal loan rates here.

Does Allegheny Valley Bank Of Pittsburgh offer student loans?

Will Allegheny Valley Bank Of Pittsburgh cash a check?

Will Allegheny Valley Bank Of Pittsburgh redeem a savings bond?

Does Allegheny Valley Bank Of Pittsburgh cash savings bonds?

Will Allegheny Valley Bank Of Pittsburgh cash money orders?

Can Allegheny Valley Bank Of Pittsburgh issue a money order?

Does Allegheny Valley Bank Of Pittsburgh do currency exchange?

Background on The Bank

Who owns Allegheny Valley Bank Of Pittsburgh?

How long has Allegheny Valley Bank Of Pittsburgh been around?

Can Allegheny Valley Bank Of Pittsburgh transfer to other banks?

Does Allegheny Valley Bank Of Pittsburgh have quick pay?

Does Allegheny Valley Bank Of Pittsburgh accept rolled coins?

Will Allegheny Valley Bank Of Pittsburgh accept loose change?

Where is Allegheny Valley Bank Of Pittsburgh headquarters?

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