Lafayette Ambassador Bank

Headquarters

2005 City Line Road
Bethlehem, PA 18017
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
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. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Lafayette Ambassador Bank is an FDIC insured institution located in Bethlehem, PA. It was founded in 1922 and has approximately $1.58 billion in assets. Customers can open an account at one of its 22 branches.

FDIC Insured Yes
FDIC Certificate # 11106
Date Established 1922
Assets $ 1,636.78 million
Loans $ 1,026.47 million
Deposits $ 1,318.44 million
Capital $ 183.92 million
 

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

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Lafayette Ambassador Bank

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
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Lafayette Ambassador Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Lafayette Ambassador Bank 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


Lafayette Ambassador Bank Locations


Financial Details

Lafayette Ambassador Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lafayette Ambassador Bank. 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
Lafayette Ambassador Bank U.S. Bank Average
9.8% 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, Lafayette Ambassador Bank had $18,785,000 in non-current loans and $619,000 in owned real estate. To cover these potential losses it had $183,916,000 in equity and $14,039,000 in loans loss reserves. That gives it a Texas Ratio of 9.8%.

Return on Equity
Lafayette Ambassador Bank U.S. Bank Average
6.87% 7.80%

Lafayette Ambassador Bank has a Return on Equity of 6.87% 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
Lafayette Ambassador Bank U.S. Bank Average
11.24% 12.68%

Lafayette Ambassador Bank has a Capitalization of 11.24% 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.

Lafayette Ambassador Bank Balance Sheet Analysis

As of June 30, 2019, Lafayette Ambassador Bank had assets of $1,576,848,000, loans of $1,026,469,000, and deposits of $1,318,437,000. 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 $ 37.09 million
Interest-bearing balances $ 10.05 million
Total securities $ 325.73 million
Federal funds sold and reverse repurchase $ 122.08 million
Net loans and leases $ 1,026.47 million
Loan loss allowance $ 14.04 million
Trading account assets $ 9.32 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.62 million
Goodwill and other intangibles $ 16.34 million
All other assets $ 20.91 million
     Total Assets $ 1,392.93 million
LIABILITIES
Total deposits $ 1,318.44 million
      Interest-bearing deposits $ 1,031.22 million
      Deposits held in domestic offices $ 1,318.44 million
      % insured (estimated) 78.92%
Federal funds purchased and repurchase agreements $ 4.88 million
Trading liabilities $ 9.58 million
Other borrowed funds $ 53.21 million
Subordinated debt N.A.
All other liabilities $ 6.83 million
      Total Liabilities $ 1,392.93 million
      Shareholders’ Equity $ 243.85 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 28.98 million
Total Interest Expense $ 4.64 million
Net interest income $ 24.34 million
Provision for loan and lease losses $ 3.90 million
Total non interest income $ 6.67 million
Total non interest expense $ 20.80 million
Pre-tax Net Operating Income $ 6.31 million

Bank Loan Profile?

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

Compared to other banks in Pennsylvania, Lafayette Ambassador Bank has a significantly higher percent of Commercial Real Estate 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 26.19
Multifamily
Mortgages
2.99
Credit Card Loans 0.00
Consumer Auto Loans 0.37
Small Business Loans 7.83
Construction and Development Loans 3.38
Commercial Real Estate 44.21
Commercial and Industrial Loans 9.75
Farm Loans 0.00

Frequently Asked Questions About Lafayette Ambassador Bank

Branches and Savings

Is Lafayette Ambassador Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11106.

Why does Lafayette Ambassador Bank pay such low interest on savings accounts?

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

Why are Lafayette Ambassador Bank CD rates not competitive?

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

Is Lafayette Ambassador Bank a commercial bank?

Yes

Where are Lafayette Ambassador Bank locations?

See branch locations nearby.

Is Lafayette Ambassador Bank open on Saturdays?

Is Lafayette Ambassador Bank open on Sundays?

What time does Lafayette Ambassador Bank open?

What time does Lafayette Ambassador Bank close?

Are Lafayette Ambassador Bank ATMs Open 24/7?

Do Lafayette Ambassador Bank ATMs accept cash deposits?

Can Lafayette Ambassador Bank customers use other ATMs?

Do Lafayette Ambassador Bank branches have notaries?

Will Lafayette Ambassador Bank notarize my document?

What address for Lafayette Ambassador Bank should I put for incoming ACH transfers?

Will the Lafayette Ambassador Bank branch print checks?

Do Lafayette Ambassador Bank checks expire?

Does Lafayette Ambassador Bank require US citizenship to open account?

Can Lafayette Ambassador Bank close my account?

Does Lafayette Ambassador Bank Report to credit bureaus?

Does Lafayette Ambassador Bank Use Equifax?

What is Lafayette Ambassador Bank's ACH Routing Number?

What is Lafayette Ambassador Bank's SWIFT code?

Products

Does Lafayette Ambassador Bank offer mortgages?

Compare mortgage rates here.

Does Lafayette Ambassador Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lafayette Ambassador Bank offer personal loans?

Compare personal loan rates here.

Does Lafayette Ambassador Bank offer student loans?

Will Lafayette Ambassador Bank cash a check?

Will Lafayette Ambassador Bank redeem a savings bond?

Does Lafayette Ambassador Bank cash savings bonds?

Will Lafayette Ambassador Bank cash money orders?

Can Lafayette Ambassador Bank issue a money order?

Does Lafayette Ambassador Bank do currency exchange?

Background on The Bank

Who owns Lafayette Ambassador Bank?

How long has Lafayette Ambassador Bank been around?

Can Lafayette Ambassador Bank transfer to other banks?

Does Lafayette Ambassador Bank have quick pay?

Does Lafayette Ambassador Bank accept rolled coins?

Will Lafayette Ambassador Bank accept loose change?

Where is Lafayette Ambassador Bank headquarters?

Customer Reviews for Lafayette Ambassador Bank

There are currently no comments for Lafayette Ambassador Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →