Paramount Bank

90 Village Square Shopping Center
Hazelwood, MO 63042

Notable Rates APY Vs.Others
Savings N.A. 2.20% →
1-Year CD 2.25% 2.25% →
2-Year CD 2.25% 2.30% →
5-Year CD 2.25% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Paramount Bank is an FDIC insured institution located in Hazelwood, MO. It was founded in 2004 and has approximately $0.13 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57884
Date Established 2004
Assets $0.13 billion
Loans $0.11 billion
Deposits $0.06 billion
Capital $0.01 billion

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

Deposit Rates - January 27, 2020

Your Current Location: Washington, WA 98109

6 Mo CD
1.00% $1,000 - Learn MoreShow Less
12 Mo CD
2.25% $1,000 - Learn MoreShow Less
18 Mo CD
2.25% $1,000 - Learn MoreShow Less
24 Mo CD
2.25% $1,000 - Learn MoreShow Less
36 Mo CD
2.25% $1,000 - Learn MoreShow Less
48 Mo CD
2.25% $1,000 - Learn MoreShow Less
60 Mo CD
2.25% $1,000 - Learn MoreShow Less

Fixed IRA
2.25% $1,000 - Learn MoreShow Less

Online Only CD Rates of Paramount Bank

Online CD Rates APY MIN MAX
5-Year CD
2.25% $1,000 - Learn MoreShow Less
1-Year CD
2.25% $1,000 - Learn MoreShow Less
2-Year CD
2.25% $1,000 - Learn MoreShow Less
3-Year CD
2.25% $1,000 - Learn MoreShow Less
4-Year CD
2.25% $1,000 - Learn MoreShow Less

Bank Online Offers

Loan Rates - January 27, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Paramount Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
3.310% 3.250% 0.38 $1,940 $1,089 Learn More
NMLS ID: 2890
License#: 520-CL-25944
3.375% 3.375% 0.00 ($65) $1,106 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


Paramount 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:

Paramount Bank Locations

Financial Details

Paramount Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Paramount Bank. 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
Paramount Bank U.S. Bank Average
20.09% 6.70%

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 September 30, 2019, Paramount Bank had $0 in non-current loans and $1,990,000 in owned real estate. To cover these potential losses it had $9,632,000 in equity and $274,000 in loans loss reserves. That gives it a Texas Ratio of 20.09%.

Return on Equity
Paramount Bank U.S. Bank Average
0.56% 9.72%

Paramount Bank has a Return on Equity of 0.56% versus the BestCashCow average of 9.72%. 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.

Paramount Bank U.S. Bank Average
7.6% 12.89%

Paramount Bank has a Capitalization of 7.6% versus the BestCashCow average of 12.89. 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.

Paramount Bank Balance Sheet Analysis

As of September 30, 2019, Paramount Bank had assets of $126,705,000, loans of $105,053,000, and deposits of $56,488,000. 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

September 30, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.11 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 $0.12 billion
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 97.12%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $0.12 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
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 $0.01 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks in Missouri, Paramount Bank has a significantly higher percent of 1-4 Family Residential 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 86.71
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 0.00
Construction and Development Loans 1.16
Commercial Real Estate 7.67
Commercial and Industrial Loans 1.64
Farm Loans 0.00

Frequently Asked Questions About Paramount Bank

Branches and Savings

Is Paramount Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57884.

Why does Paramount Bank pay such low interest on savings accounts?

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

Why are Paramount Bank CD rates not competitive?

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

Is Paramount Bank a commercial bank?


Where are Paramount Bank locations?

See branch locations nearby.

Is Paramount Bank open on Saturdays?

Is Paramount Bank open on Sundays?

What time does Paramount Bank open?

What time does Paramount Bank close?

Are Paramount Bank ATMs Open 24/7?

Do Paramount Bank ATMs accept cash deposits?

Can Paramount Bank customers use other ATMs?

Do Paramount Bank branches have notaries?

Will Paramount Bank notarize my document?

What address for Paramount Bank should I put for incoming ACH transfers?

Will the Paramount Bank branch print checks?

Do Paramount Bank checks expire?

Does Paramount Bank require US citizenship to open account?

Can Paramount Bank close my account?

Does Paramount Bank Report to credit bureaus?

Does Paramount Bank Use Equifax?

What is Paramount Bank's ACH Routing Number?

What is Paramount Bank's SWIFT code?


Does Paramount Bank offer mortgages?

Compare mortgage rates here.

Does Paramount Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Paramount Bank offer personal loans?

Compare personal loan rates here.

Does Paramount Bank offer student loans?

Will Paramount Bank cash a check?

Will Paramount Bank redeem a savings bond?

Does Paramount Bank cash savings bonds?

Will Paramount Bank cash money orders?

Can Paramount Bank issue a money order?

Does Paramount Bank do currency exchange?

Background on The Bank

Who owns Paramount Bank?

How long has Paramount Bank been around?

Can Paramount Bank transfer to other banks?

Does Paramount Bank have quick pay?

Does Paramount Bank accept rolled coins?

Will Paramount Bank accept loose change?

Where is Paramount Bank headquarters?

Customer Reviews for Paramount Bank

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

Add Your Review

Rate it here →