Pan American Bank & Trust

Headquarters

1440 West North Avenue
Melrose Park, IL 60160
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.95% →
1-Year CD 0.30% 1.01% →
2-Year CD 0.55% 0.95% →
5-Year CD 1.30% 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

Pan American Bank & Trust is an FDIC insured institution located in Melrose Park, IL. It was founded in 1995 and has approximately $0.37 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 34108
Date Established 1995
Assets $ 374.74 million
Loans $ 286.36 million
Deposits $ 340.71 million
Capital $ 32.67 million
 

For a more detailed analysis of Pan American Bank & Trust'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
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.30% $10,000 $14,999 Learn More
60 Mo CD
1.30% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $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 Pan American Bank & Trust

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
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
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Pan American Bank & Trust
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Branches

Pan American Bank & Trust 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


Pan American Bank & Trust Locations


Financial Details

Pan American Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pan American Bank & Trust. 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
Pan American Bank & Trust U.S. Bank Average
11.51% 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, Pan American Bank & Trust had $0 in non-current loans and $4,045,000 in owned real estate. To cover these potential losses it had $32,670,000 in equity and $2,471,000 in loans loss reserves. That gives it a Texas Ratio of 11.51%.

Return on Equity
Pan American Bank & Trust U.S. Bank Average
5.82% 7.80%

Pan American Bank & Trust has a Return on Equity of 5.82% 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
Pan American Bank & Trust U.S. Bank Average
8.72% 12.68%

Pan American Bank & Trust has a Capitalization of 8.72% 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.

Pan American Bank & Trust Balance Sheet Analysis

As of March 31, 2020, Pan American Bank & Trust had assets of $374,740,000, loans of $286,361,000, and deposits of $340,714,000. 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 $ 22.92 million
Interest-bearing balances $ 8.30 million
Total securities $ 39.73 million
Federal funds sold and reverse repurchase $ 11.90 million
Net loans and leases $ 286.36 million
Loan loss allowance $ 2.47 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.05 million
Goodwill and other intangibles N.A.
All other assets $ 6.62 million
     Total Assets $ 342.07 million
LIABILITIES
Total deposits $ 340.71 million
      Interest-bearing deposits $ 295.93 million
      Deposits held in domestic offices $ 340.71 million
      % insured (estimated) 68.15%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.36 million
      Total Liabilities $ 342.07 million
      Shareholders’ Equity $ 32.67 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 4.24 million
Total Interest Expense $ 1.26 million
Net interest income $ 2.99 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.16 million
Total non interest expense $ 3.29 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Illinois, Pan American Bank & Trust has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 31.02
Multifamily
Mortgages
22.52
Credit Card Loans 0.00
Consumer Auto Loans 0.13
Small Business Loans 0.00
Construction and Development Loans 9.81
Commercial Real Estate 25.76
Commercial and Industrial Loans 9.04
Farm Loans 0.00

Frequently Asked Questions About Pan American Bank & Trust

Branches and Savings

Is Pan American Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #34108.

Why does Pan American Bank & Trust pay such low interest on savings accounts?

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

Why are Pan American Bank & Trust CD rates not competitive?

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

Is Pan American Bank & Trust a commercial bank?

Yes

Where are Pan American Bank & Trust locations?

See branch locations nearby.

Is Pan American Bank & Trust open on Saturdays?

Is Pan American Bank & Trust open on Sundays?

What time does Pan American Bank & Trust open?

What time does Pan American Bank & Trust close?

Are Pan American Bank & Trust ATMs Open 24/7?

Do Pan American Bank & Trust ATMs accept cash deposits?

Can Pan American Bank & Trust customers use other ATMs?

Do Pan American Bank & Trust branches have notaries?

Will Pan American Bank & Trust notarize my document?

What address for Pan American Bank & Trust should I put for incoming ACH transfers?

Will the Pan American Bank & Trust branch print checks?

Do Pan American Bank & Trust checks expire?

Does Pan American Bank & Trust require US citizenship to open account?

Can Pan American Bank & Trust close my account?

Does Pan American Bank & Trust Report to credit bureaus?

Does Pan American Bank & Trust Use Equifax?

What is Pan American Bank & Trust's ACH Routing Number?

What is Pan American Bank & Trust's SWIFT code?

Products

Does Pan American Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Pan American Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pan American Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Pan American Bank & Trust offer student loans?

Will Pan American Bank & Trust cash a check?

Will Pan American Bank & Trust redeem a savings bond?

Does Pan American Bank & Trust cash savings bonds?

Will Pan American Bank & Trust cash money orders?

Can Pan American Bank & Trust issue a money order?

Does Pan American Bank & Trust do currency exchange?

Background on The Bank

Who owns Pan American Bank & Trust?

How long has Pan American Bank & Trust been around?

Can Pan American Bank & Trust transfer to other banks?

Does Pan American Bank & Trust have quick pay?

Does Pan American Bank & Trust accept rolled coins?

Will Pan American Bank & Trust accept loose change?

Where is Pan American Bank & Trust headquarters?

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