Park Ridge Community Bank

Headquarters

626 Talcott Road
Park Ridge, IL 60068
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Park Ridge Community Bank is an FDIC insured institution located in Park Ridge, IL. It was founded in 1995 and has approximately $0.33 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34038
Date Established 1995
Assets $ 327.50 million
Loans $ 230.51 million
Deposits $ 265.65 million
Capital $ 46.58 million
 

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

Deposit Rates - July 13, 2020

Your Current Location: Washington, WA 98109


Loan Rates - July 13, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Park Ridge Community 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
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

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Note to Park Ridge Community Bank
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Branches

Park Ridge Community 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:
Seattle,Washington


Park Ridge Community Bank Locations


Financial Details

Park Ridge Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Park Ridge Community 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
Park Ridge Community Bank U.S. Bank Average
1.44% 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, Park Ridge Community Bank had $730,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $46,580,000 in equity and $4,189,000 in loans loss reserves. That gives it a Texas Ratio of 1.44%.

Return on Equity
Park Ridge Community Bank U.S. Bank Average
15.12% 7.80%

Park Ridge Community Bank has a Return on Equity of 15.12% 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
Park Ridge Community Bank U.S. Bank Average
14.22% 12.68%

Park Ridge Community Bank has a Capitalization of 14.22% 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.

Park Ridge Community Bank Balance Sheet Analysis

As of March 31, 2020, Park Ridge Community Bank had assets of $327,502,000, loans of $230,506,000, and deposits of $265,651,000. 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 $ 12.93 million
Interest-bearing balances $ 11.03 million
Total securities $ 72.86 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 230.51 million
Loan loss allowance $ 4.19 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 $ 8.93 million
     Total Assets $ 280.92 million
LIABILITIES
Total deposits $ 265.65 million
      Interest-bearing deposits $ 212.50 million
      Deposits held in domestic offices $ 265.65 million
      % insured (estimated) 77.37%
Federal funds purchased and repurchase agreements $ 4.73 million
Trading liabilities N.A.
Other borrowed funds $ 10.00 million
Subordinated debt N.A.
All other liabilities $ 0.54 million
      Total Liabilities $ 280.92 million
      Shareholders’ Equity $ 46.58 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.56 million
Total Interest Expense $ 0.49 million
Net interest income $ 3.07 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.11 million
Total non interest expense $ 1.37 million
Pre-tax Net Operating Income $ 1.76 million

Bank Loan Profile?

The top three loan types in Park Ridge Community Bank’s loan portfolio are Multifamily Mortgages, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Illinois, Park Ridge Community Bank 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 27.34
Multifamily
Mortgages
32.67
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 0.00
Construction and Development Loans 24.91
Commercial Real Estate 13.23
Commercial and Industrial Loans 2.23
Farm Loans 0.00

Frequently Asked Questions About Park Ridge Community Bank

Branches and Savings

Is Park Ridge Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34038.

Why does Park Ridge Community Bank pay such low interest on savings accounts?

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

Why are Park Ridge Community Bank CD rates not competitive?

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

Is Park Ridge Community Bank a commercial bank?

Yes

Where are Park Ridge Community Bank locations?

See branch locations nearby.

Is Park Ridge Community Bank open on Saturdays?

Is Park Ridge Community Bank open on Sundays?

What time does Park Ridge Community Bank open?

What time does Park Ridge Community Bank close?

Are Park Ridge Community Bank ATMs Open 24/7?

Do Park Ridge Community Bank ATMs accept cash deposits?

Can Park Ridge Community Bank customers use other ATMs?

Do Park Ridge Community Bank branches have notaries?

Will Park Ridge Community Bank notarize my document?

What address for Park Ridge Community Bank should I put for incoming ACH transfers?

Will the Park Ridge Community Bank branch print checks?

Do Park Ridge Community Bank checks expire?

Does Park Ridge Community Bank require US citizenship to open account?

Can Park Ridge Community Bank close my account?

Does Park Ridge Community Bank Report to credit bureaus?

Does Park Ridge Community Bank Use Equifax?

What is Park Ridge Community Bank's ACH Routing Number?

What is Park Ridge Community Bank's SWIFT code?

Products

Does Park Ridge Community Bank offer mortgages?

Compare mortgage rates here.

Does Park Ridge Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Park Ridge Community Bank offer personal loans?

Compare personal loan rates here.

Does Park Ridge Community Bank offer student loans?

Will Park Ridge Community Bank cash a check?

Will Park Ridge Community Bank redeem a savings bond?

Does Park Ridge Community Bank cash savings bonds?

Will Park Ridge Community Bank cash money orders?

Can Park Ridge Community Bank issue a money order?

Does Park Ridge Community Bank do currency exchange?

Background on The Bank

Who owns Park Ridge Community Bank?

How long has Park Ridge Community Bank been around?

Can Park Ridge Community Bank transfer to other banks?

Does Park Ridge Community Bank have quick pay?

Does Park Ridge Community Bank accept rolled coins?

Will Park Ridge Community Bank accept loose change?

Where is Park Ridge Community Bank headquarters?

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