Penn Community Bank

Headquarters

3969 Durham Road
Doylestown, PA 18902
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.25% 0.95% →
2-Year CD 0.35% 1.05% →
5-Year CD 0.80% 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

Penn Community Bank is an FDIC insured institution located in Doylestown, PA. It was founded in 1922 and has approximately $2.4 billion in assets. Customers can open an account at one of its 27 branches.

FDIC Insured Yes
FDIC Certificate # 30401
Date Established 1922
Assets $ 2.40 billion
Loans $ 1,700.30 million
Deposits $ 1,727.79 million
Capital $ 299.81 million
 

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

Deposit Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $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
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $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
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.45% $10,000 $14,999 Learn More
30 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.55% $10,000 $14,999 Learn More
36 Mo CD
0.55% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1 $999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Penn Community Bank

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
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

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

Branches

Penn 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:
Fairfield,Connecticut


Penn Community Bank Locations


Financial Details

Penn Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Penn 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
Penn Community Bank U.S. Bank Average
1.4% 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, Penn Community Bank had $4,383,000 in non-current loans and $28,000 in owned real estate. To cover these potential losses it had $299,812,000 in equity and $15,168,000 in loans loss reserves. That gives it a Texas Ratio of 1.4%.

Return on Equity
Penn Community Bank U.S. Bank Average
4.56% 7.80%

Penn Community Bank has a Return on Equity of 4.56% 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
Penn Community Bank U.S. Bank Average
12.51% 12.68%

Penn Community Bank has a Capitalization of 12.51% 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.

Penn Community Bank Balance Sheet Analysis

As of March 31, 2020, Penn Community Bank had assets of $2,396,414,000, loans of $1,700,298,000, and deposits of $1,727,794,000. 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 $ 85.72 million
Interest-bearing balances $ 72.86 million
Total securities $ 480.78 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,700.30 million
Loan loss allowance $ 15.17 million
Trading account assets $ 0.32 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles $ 9.82 million
All other assets $ 95.74 million
     Total Assets $ 2.10 billion
LIABILITIES
Total deposits $ 1,727.79 million
      Interest-bearing deposits $ 1,705.54 million
      Deposits held in domestic offices $ 1,727.79 million
      % insured (estimated) 72.88%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 344.75 million
Subordinated debt N.A.
All other liabilities $ 24.06 million
      Total Liabilities $ 2.10 billion
      Shareholders’ Equity $ 299.81 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 22.26 million
Total Interest Expense $ 6.40 million
Net interest income $ 15.85 million
Provision for loan and lease losses $ 1.40 million
Total non interest income $ 3.53 million
Total non interest expense $ 14.44 million
Pre-tax Net Operating Income $ 3.54 million

Bank Loan Profile?

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

Compared to other banks in Pennsylvania, Penn 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 53.18
Multifamily
Mortgages
7.90
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 7.44
Construction and Development Loans 12.32
Commercial Real Estate 22.22
Commercial and Industrial Loans 4.62
Farm Loans 0.00

Frequently Asked Questions About Penn Community Bank

Branches and Savings

Is Penn Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #30401.

Why does Penn 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 Penn Community Bank CD rates not competitive?

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

Is Penn Community Bank a commercial bank?

Yes

Where are Penn Community Bank locations?

See branch locations nearby.

Is Penn Community Bank open on Saturdays?

Is Penn Community Bank open on Sundays?

What time does Penn Community Bank open?

What time does Penn Community Bank close?

Are Penn Community Bank ATMs Open 24/7?

Do Penn Community Bank ATMs accept cash deposits?

Can Penn Community Bank customers use other ATMs?

Do Penn Community Bank branches have notaries?

Will Penn Community Bank notarize my document?

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

Will the Penn Community Bank branch print checks?

Do Penn Community Bank checks expire?

Does Penn Community Bank require US citizenship to open account?

Can Penn Community Bank close my account?

Does Penn Community Bank Report to credit bureaus?

Does Penn Community Bank Use Equifax?

What is Penn Community Bank's ACH Routing Number?

What is Penn Community Bank's SWIFT code?

Products

Does Penn Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Penn Community Bank offer personal loans?

Compare personal loan rates here.

Does Penn Community Bank offer student loans?

Will Penn Community Bank cash a check?

Will Penn Community Bank redeem a savings bond?

Does Penn Community Bank cash savings bonds?

Will Penn Community Bank cash money orders?

Can Penn Community Bank issue a money order?

Does Penn Community Bank do currency exchange?

Background on The Bank

Who owns Penn Community Bank?

How long has Penn Community Bank been around?

Can Penn Community Bank transfer to other banks?

Does Penn Community Bank have quick pay?

Does Penn Community Bank accept rolled coins?

Will Penn Community Bank accept loose change?

Where is Penn Community Bank headquarters?

Customer Reviews for Penn Community Bank


  • September 02, 2020 |

    I decided to refinance my house because rates were so good. Penn community had the best rate for me so I decided to try them. Everything was great in the beginning and I paid my fees and paid for appraisal. Then after weeks of waiting I am informed that I don’t qualify for a 15 yr mortgage. Annoying why didn’t they tell me from the start. So we start over for a 30 yr which women said is easy for me to get. I’m going for a small mortgage compared to what my house is worth. After 4 months of them playing around I get turned down for my tiny mortgage and they won’t call me back when I try to find out how this can be. Horrible bank and rude people that won’t return your calls. Don’t use them!!!

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