Commercial Bank and Trust of PA

Headquarters

900 Ligonier Street
Latrobe, PA 15650
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.05% 1.01% →
2-Year CD 0.10% 0.95% →
5-Year CD 0.25% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Commercial Bank and Trust of PA is an FDIC insured institution located in Latrobe, PA. It was founded in 1934 and has approximately $0.42 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 14333
Date Established 1934
Assets $ 416.26 million
Loans $ 237.53 million
Deposits $ 326.53 million
Capital $ 61.07 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
12 Mo CD
0.05% $10,000 $14,999 Learn More
12 Mo CD
0.05% $100,000 $199,999 Learn More
18 Mo CD
0.05% $10,000 $14,999 Learn More
18 Mo CD
0.05% $100,000 $199,999 Learn More
24 Mo CD
0.10% $10,000 $14,999 Learn More
24 Mo CD
0.10% $100,000 $199,999 Learn More
30 Mo CD
0.10% $10,000 $14,999 Learn More
30 Mo CD
0.10% $100,000 $199,999 Learn More
36 Mo CD
0.15% $10,000 $14,999 Learn More
36 Mo CD
0.15% $100,000 $199,999 Learn More
48 Mo CD
0.20% $10,000 $14,999 Learn More
48 Mo CD
0.20% $100,000 $199,999 Learn More
60 Mo CD
0.25% $10,000 $14,999 Learn More
60 Mo CD
0.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Commercial Bank and Trust of PA

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
2.569% 2.500% 0.88 $2,258 $988 Learn More
First Internet Bank
NMLS ID: 424182
2.565% 2.500% 0.88 $2,142 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 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 Commercial Bank and Trust of PA
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Branches

Commercial Bank and Trust of PA 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


Commercial Bank and Trust of PA Locations


Financial Details

Commercial Bank and Trust of PA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commercial Bank and Trust of PA. 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
Commercial Bank and Trust of PA U.S. Bank Average
0.32% 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, Commercial Bank and Trust of PA had $203,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $61,066,000 in equity and $1,663,000 in loans loss reserves. That gives it a Texas Ratio of 0.32%.

Return on Equity
Commercial Bank and Trust of PA U.S. Bank Average
11.73% 7.80%

Commercial Bank and Trust of PA has a Return on Equity of 11.73% 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
Commercial Bank and Trust of PA U.S. Bank Average
14.67% 12.68%

Commercial Bank and Trust of PA has a Capitalization of 14.67% 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.

Commercial Bank and Trust of PA Balance Sheet Analysis

As of March 31, 2020, Commercial Bank and Trust of PA had assets of $416,263,000, loans of $237,531,000, and deposits of $326,528,000. 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 $ 6.21 million
Interest-bearing balances $ 0.19 million
Total securities $ 145.67 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 237.53 million
Loan loss allowance $ 1.66 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 23.56 million
     Total Assets $ 355.20 million
LIABILITIES
Total deposits $ 326.53 million
      Interest-bearing deposits $ 192.62 million
      Deposits held in domestic offices $ 326.53 million
      % insured (estimated) 80.60%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 26.00 million
Subordinated debt N.A.
All other liabilities $ 2.67 million
      Total Liabilities $ 355.20 million
      Shareholders’ Equity $ 61.07 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.06 million
Total Interest Expense $ 0.28 million
Net interest income $ 3.78 million
Provision for loan and lease losses N.A.
Total non interest income $ 1.42 million
Total non interest expense $ 3.22 million
Pre-tax Net Operating Income $ 1.97 million

Bank Loan Profile?

The top three loan types in Commercial Bank and Trust of PA’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks in Pennsylvania, Commercial Bank and Trust of PA has a significantly higher percent of Multifamily Mortgages 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 48.22
Multifamily
Mortgages
8.94
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 6.52
Construction and Development Loans 0.22
Commercial Real Estate 36.73
Commercial and Industrial Loans 5.11
Farm Loans 0.00

Frequently Asked Questions About Commercial Bank And Trust Of Pa

Branches and Savings

Is Commercial Bank And Trust Of Pa FDIC insured?

Yes. It is covered under FDIC Certificate #14333.

Why does Commercial Bank And Trust Of Pa pay such low interest on savings accounts?

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

Why are Commercial Bank And Trust Of Pa CD rates not competitive?

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

Is Commercial Bank And Trust Of Pa a commercial bank?

Yes

Where are Commercial Bank And Trust Of Pa locations?

See branch locations nearby.

Is Commercial Bank And Trust Of Pa open on Saturdays?

Is Commercial Bank And Trust Of Pa open on Sundays?

What time does Commercial Bank And Trust Of Pa open?

What time does Commercial Bank And Trust Of Pa close?

Are Commercial Bank And Trust Of Pa ATMs Open 24/7?

Do Commercial Bank And Trust Of Pa ATMs accept cash deposits?

Can Commercial Bank And Trust Of Pa customers use other ATMs?

Do Commercial Bank And Trust Of Pa branches have notaries?

Will Commercial Bank And Trust Of Pa notarize my document?

What address for Commercial Bank And Trust Of Pa should I put for incoming ACH transfers?

Will the Commercial Bank And Trust Of Pa branch print checks?

Do Commercial Bank And Trust Of Pa checks expire?

Does Commercial Bank And Trust Of Pa require US citizenship to open account?

Can Commercial Bank And Trust Of Pa close my account?

Does Commercial Bank And Trust Of Pa Report to credit bureaus?

Does Commercial Bank And Trust Of Pa Use Equifax?

What is Commercial Bank And Trust Of Pa's ACH Routing Number?

What is Commercial Bank And Trust Of Pa's SWIFT code?

Products

Does Commercial Bank And Trust Of Pa offer mortgages?

Compare mortgage rates here.

Does Commercial Bank And Trust Of Pa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Commercial Bank And Trust Of Pa offer personal loans?

Compare personal loan rates here.

Does Commercial Bank And Trust Of Pa offer student loans?

Will Commercial Bank And Trust Of Pa cash a check?

Will Commercial Bank And Trust Of Pa redeem a savings bond?

Does Commercial Bank And Trust Of Pa cash savings bonds?

Will Commercial Bank And Trust Of Pa cash money orders?

Can Commercial Bank And Trust Of Pa issue a money order?

Does Commercial Bank And Trust Of Pa do currency exchange?

Background on The Bank

Who owns Commercial Bank And Trust Of Pa?

How long has Commercial Bank And Trust Of Pa been around?

Can Commercial Bank And Trust Of Pa transfer to other banks?

Does Commercial Bank And Trust Of Pa have quick pay?

Does Commercial Bank And Trust Of Pa accept rolled coins?

Will Commercial Bank And Trust Of Pa accept loose change?

Where is Commercial Bank And Trust Of Pa headquarters?

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