7 Broad Avenue
Palisades Park, NJ 07650


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58525
Date Established 2007
Assets $0.20 billion
Loans $0.17 billion
Deposits $0.16 billion
Capital $0.03 billion

BankAsiana is an FDIC insured institution located in Palisades Park, NJ. It was founded in 2007 and has approximately $0.2 billion in assets.

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

Bank Loan Profile?

The top three loan types in BankAsiana’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in New Jersey, BankAsiana has a significantly higher percent of Small Business Loans, Commercial Real Estate, 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 36.67
Construction and Development Loans 2.57
Commercial Real Estate 68.46
Commercial and Industrial Loans 28.31
Farm Loans 0.00

Deposit Rates - June 16, 2019

Your Current Location: Washington, WA 98109

There are currently no rates available for Bankasiana, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - June 16, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for BankAsiana

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
5.490 %
N/A Learn More
More Info

Note to BankAsiana
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BankAsiana branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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BankAsiana Locations

Financial Details

BankAsiana Ratio Analysis

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

Texas Ratio
BankAsiana U.S. Bank Average
5.51% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, BankAsiana had $1,836,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $29,766,000 in equity and $3,577,000 in loans loss reserves. That gives it a Texas Ratio of 5.51%.

Return on Equity
BankAsiana U.S. Bank Average
6.07% 8.80%

BankAsiana has a Return on Equity of 6.07% versus the BestCashCow average of 8.80%. 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.

BankAsiana U.S. Bank Average
14.56% 12.29%

BankAsiana has a Capitalization of 14.56% versus the BestCashCow average of 12.29. 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.

BankAsiana Balance Sheet Analysis

As of September 30, 2013, BankAsiana had assets of $204,488,000, loans of $173,058,000, and deposits of $162,459,000. 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

December 31, 2018
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.17 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
Total deposits $0.16 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.20 billion

Summary Income Statement

December 31, 2018
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bankasiana

Branches and Savings

Is Bankasiana FDIC insured?

Yes. It is covered under FDIC Certificate #58525.

Why does Bankasiana pay such low interest on savings accounts?

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

Why are Bankasiana CD rates not competitive?

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

Is Bankasiana a commercial bank?


Where are Bankasiana locations?

See branch locations nearby.

Is Bankasiana open on Saturdays?

Is Bankasiana open on Sundays?

What time does Bankasiana open?

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Are Bankasiana ATMs Open 24/7?

Do Bankasiana ATMs accept cash deposits?

Can Bankasiana customers use other ATMs?

Do Bankasiana branches have notaries?

Will Bankasiana notarize my document?

What address for Bankasiana should I put for incoming ACH transfers?

Will the Bankasiana branch print checks?

Do Bankasiana checks expire?

Does Bankasiana require US citizenship to open account?

Can Bankasiana close my account?

Does Bankasiana Report to credit bureaus?

Does Bankasiana Use Equifax?

What is Bankasiana's ACH Routing Number?

What is Bankasiana's SWIFT code?


Does Bankasiana offer mortgages?

Compare mortgage rates here.

Does Bankasiana offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankasiana offer personal loans?

Compare personal loan rates here.

Does Bankasiana offer student loans?

Will Bankasiana cash a check?

Will Bankasiana redeem a savings bond?

Does Bankasiana cash savings bonds?

Will Bankasiana cash money orders?

Can Bankasiana issue a money order?

Does Bankasiana do currency exchange?

Background on The Bank

Who owns Bankasiana?

How long has Bankasiana been around?

Can Bankasiana transfer to other banks?

Does Bankasiana have quick pay?

Does Bankasiana accept rolled coins?

Will Bankasiana accept loose change?

Where is Bankasiana headquarters?

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