Park State Bank & Trust

710 W Hwy 24
Woodland Park, CO 80863

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19381
Date Established 1965
Assets $0.10 billion
Loans $0.07 billion
Deposits $0.09 billion
Capital $0.01 billion
 

Park State Bank & Trust is an FDIC insured institution located in Woodland Park, CO. It was founded in 1965 and has approximately $0.1 billion in assets.

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

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $500 $99,999 Learn MoreShow Less
3 Mo CD
0.15% $100,000 - Learn MoreShow Less
6 Mo CD
0.25% $500 $99,999 Learn MoreShow Less
6 Mo CD
0.25% $100,000 - Learn MoreShow Less
12 Mo CD
0.50% $500 $99,999 Learn MoreShow Less
12 Mo CD
0.50% $100,000 - Learn MoreShow Less
18 Mo CD
0.60% $500 - Learn MoreShow Less
24 Mo CD
0.80% $500 - Learn MoreShow Less
30 Mo CD
0.90% $500 - Learn MoreShow Less
36 Mo CD
1.00% $500 - Learn MoreShow Less
48 Mo CD
1.20% $500 - Learn MoreShow Less
60 Mo CD
1.40% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $100 - Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Park State 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.523% 3.500% 0.25 $732 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Park State Bank & Trust
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Branches

Park State 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


Park State Bank & Trust Locations


Financial Details

Park State Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Park State 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
Park State Bank & Trust U.S. Bank Average
26.41% 6.77%

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 June 30, 2019, Park State Bank & Trust had $1,534,000 in non-current loans and $1,372,000 in owned real estate. To cover these potential losses it had $10,235,000 in equity and $769,000 in loans loss reserves. That gives it a Texas Ratio of 26.41%.

Return on Equity
Park State Bank & Trust U.S. Bank Average
10.5% 9.50%

Park State Bank & Trust has a Return on Equity of 10.5% versus the BestCashCow average of 9.50%. 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 State Bank & Trust U.S. Bank Average
10.12% 12.76%

Park State Bank & Trust has a Capitalization of 10.12% versus the BestCashCow average of 12.76. 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 State Bank & Trust Balance Sheet Analysis

As of June 30, 2019, Park State Bank & Trust had assets of $101,183,000, loans of $65,909,000, and deposits of $90,764,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.02 billion
Net loans and leases $0.07 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 $0.09 billion
LIABILITIES
Total deposits $0.09 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 95.27%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
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 $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Park State Bank & Trust’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Colorado, Park State Bank & Trust has a significantly higher percent of 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 37.60
Multifamily
Mortgages
3.02
Credit Card Loans 0.00
Consumer Auto Loans 0.43
Small Business Loans 22.78
Construction and Development Loans 24.58
Commercial Real Estate 30.05
Commercial and Industrial Loans 1.96
Farm Loans 0.00

Frequently Asked Questions About Park State Bank & Trust

Branches and Savings

Is Park State Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #19381.

Why does Park State 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 Park State Bank & Trust CD rates not competitive?

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

Is Park State Bank & Trust a commercial bank?

Yes

Where are Park State Bank & Trust locations?

See branch locations nearby.

Is Park State Bank & Trust open on Saturdays?

Is Park State Bank & Trust open on Sundays?

What time does Park State Bank & Trust open?

What time does Park State Bank & Trust close?

Are Park State Bank & Trust ATMs Open 24/7?

Do Park State Bank & Trust ATMs accept cash deposits?

Can Park State Bank & Trust customers use other ATMs?

Do Park State Bank & Trust branches have notaries?

Will Park State Bank & Trust notarize my document?

What address for Park State Bank & Trust should I put for incoming ACH transfers?

Will the Park State Bank & Trust branch print checks?

Do Park State Bank & Trust checks expire?

Does Park State Bank & Trust require US citizenship to open account?

Can Park State Bank & Trust close my account?

Does Park State Bank & Trust Report to credit bureaus?

Does Park State Bank & Trust Use Equifax?

What is Park State Bank & Trust's ACH Routing Number?

What is Park State Bank & Trust's SWIFT code?

Products

Does Park State Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Park State Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Park State Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Park State Bank & Trust offer student loans?

Will Park State Bank & Trust cash a check?

Will Park State Bank & Trust redeem a savings bond?

Does Park State Bank & Trust cash savings bonds?

Will Park State Bank & Trust cash money orders?

Can Park State Bank & Trust issue a money order?

Does Park State Bank & Trust do currency exchange?

Background on The Bank

Who owns Park State Bank & Trust?

How long has Park State Bank & Trust been around?

Can Park State Bank & Trust transfer to other banks?

Does Park State Bank & Trust have quick pay?

Does Park State Bank & Trust accept rolled coins?

Will Park State Bank & Trust accept loose change?

Where is Park State Bank & Trust headquarters?

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