Citizens Bank of Pennsylvania

130 North 18th Street One Logan Square,
Philadelphia, PA 19103

Phone: 215 977 8460

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57282
Date Established 2001
Assets $35.31 billion
Loans $17.80 billion
Deposits $29.67 billion
Capital $3.70 billion

Citizens Bank of Pennsylvania is an FDIC insured institution located in Philadelphia, PA. It was founded in 2001 and has approximately $33.84 billion in assets. Customers can open an account at one of its 377 branches.

For a more detailed analysis of Citizens Bank of Pennsylvania'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 Citizens Bank of Pennsylvania’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Pennsylvania, Citizens Bank of Pennsylvania has a significantly higher percent of 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 31.90
Multifamily
Mortgages
0.81
Credit Card Loans 0.00
Consumer Auto Loans 3.75
Small Business Loans 1.21
Construction and Development Loans 6.65
Commercial Real Estate 13.05
Commercial and Industrial Loans 32.02
Farm Loans 0.00

Deposit Rates - April 21, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.01% $2,500 $9,999 Learn MoreShow Less
Money Market
0.01% $10,000 $24,999 Learn MoreShow Less
Money Market
0.01% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.03% $1,000 - Learn MoreShow Less
6 Mo CD
0.03% $1,000 - Learn MoreShow Less
Special: 12 Mo CD
0.10% $1,000 - Learn MoreShow Less
12 Mo CD
0.03% $1,000 - Learn MoreShow Less
Special: 13 Mo CD
1.00% $1,000 - Learn MoreShow Less
18 Mo CD
0.03% $1,000 - Learn MoreShow Less
24 Mo CD
0.03% $1,000 - Learn MoreShow Less
30 Mo CD
0.03% $1,000 - Learn MoreShow Less
36 Mo CD
0.03% $1,000 - Learn MoreShow Less
48 Mo CD
0.10% $1,000 - Learn MoreShow Less
60 Mo CD
0.03% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.03% $250 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.75% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $2,499 Learn MoreShow Less
Int Ckg
0.02% $2,500 $9,999 Learn MoreShow Less
Checking Rates APY MIN FEE
One Deposit Checking from Citizens Bank® 0.00% $0 $9.99 Learn MoreShow Less
Citizens Bank Platinum Checking™ 0.02% $25,000 $25.00 Learn MoreShow Less
Citizens Bank Platinum Plus Checking™ 0.01% $25,000 $25.00 Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Washington, WA 98109

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Citizens 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:
Seattle,Washington


Citizens Bank of Pennsylvania Locations


Financial Details

Citizens Bank of Pennsylvania Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens 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
Citizens Bank of Pennsylvania U.S. Bank Average
3.58% 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, Citizens Bank of Pennsylvania had $133,498,000 in non-current loans and $5,747,000 in owned real estate. To cover these potential losses it had $3,701,459,000 in equity and $182,728,000 in loans loss reserves. That gives it a Texas Ratio of 3.58%.

Return on Equity
Citizens Bank of Pennsylvania U.S. Bank Average
9.78% 8.80%

Citizens Bank of Pennsylvania has a Return on Equity of 9.78% 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.

Capitalization
Citizens Bank of Pennsylvania U.S. Bank Average
10.48% 12.29%

Citizens Bank of Pennsylvania has a Capitalization of 10.48% 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.

Citizens Bank of Pennsylvania Balance Sheet Analysis

As of December 31, 2018, Citizens Bank of Pennsylvania had assets of $33,843,912,000, loans of $17,803,448,000, and deposits of $29,674,173,000. 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
ASSETS
Cash & Balances due from depository institutions $2.86 billion
Interest-bearing balances $0.80 billion
Total securities $11.13 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $17.80 billion
Loan loss allowance $0.18 billion
Trading account assets $0.09 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $1.20 billion
All other assets $0.68 billion
     Total Assets $30.14 billion
LIABILITIES
Total deposits $29.67 billion
      Interest-bearing deposits $22.58 billion
      Deposits held in domestic offices $29.67 billion
      % insured (estimated) 61.64%
Federal funds purchased and repurchase agreements $0.18 billion
Trading liabilities $0.03 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.25 billion
      Total Liabilities $30.14 billion
      Shareholders’ Equity $5.17 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $1.12 billion
Total Interest Expense $0.22 billion
Net interest income $0.90 billion
Provision for loan and lease losses $-0.01 billion
Total non interest income $0.28 billion
Total non interest expense $0.69 billion
Pre-tax Net Operating Income $0.50 billion

Frequently Asked Questions About Citizens Bank Of Pennsylvania

Branches and Savings

Is Citizens Bank Of Pennsylvania FDIC insured?

Yes. It is covered under FDIC Certificate #57282.

Why does Citizens 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 Citizens Bank Of Pennsylvania CD rates not competitive?

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

Is Citizens Bank Of Pennsylvania a commercial bank?

Yes

Where are Citizens Bank Of Pennsylvania locations?

See branch locations nearby.

Is Citizens Bank Of Pennsylvania open on Saturdays?

Is Citizens Bank Of Pennsylvania open on Sundays?

What time does Citizens Bank Of Pennsylvania open?

What time does Citizens Bank Of Pennsylvania close?

Are Citizens Bank Of Pennsylvania ATMs Open 24/7?

Do Citizens Bank Of Pennsylvania ATMs accept cash deposits?

Can Citizens Bank Of Pennsylvania customers use other ATMs?

Do Citizens Bank Of Pennsylvania branches have notaries?

Will Citizens Bank Of Pennsylvania notarize my document?

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

Will the Citizens Bank Of Pennsylvania branch print checks?

Do Citizens Bank Of Pennsylvania checks expire?

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

Can Citizens Bank Of Pennsylvania close my account?

Does Citizens Bank Of Pennsylvania Report to credit bureaus?

Does Citizens Bank Of Pennsylvania Use Equifax?

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

What is Citizens Bank Of Pennsylvania's SWIFT code?

Products

Does Citizens Bank Of Pennsylvania offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Citizens Bank Of Pennsylvania offer personal loans?

Compare personal loan rates here.

Does Citizens Bank Of Pennsylvania offer student loans?

Will Citizens Bank Of Pennsylvania cash a check?

Will Citizens Bank Of Pennsylvania redeem a savings bond?

Does Citizens Bank Of Pennsylvania cash savings bonds?

Will Citizens Bank Of Pennsylvania cash money orders?

Can Citizens Bank Of Pennsylvania issue a money order?

Does Citizens Bank Of Pennsylvania do currency exchange?

Background on The Bank

Who owns Citizens Bank Of Pennsylvania?

How long has Citizens Bank Of Pennsylvania been around?

Can Citizens Bank Of Pennsylvania transfer to other banks?

Does Citizens Bank Of Pennsylvania have quick pay?

Does Citizens Bank Of Pennsylvania accept rolled coins?

Will Citizens Bank Of Pennsylvania accept loose change?

Where is Citizens Bank Of Pennsylvania headquarters?

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