2024 Overview
General Bank Information
Penn Community Bank is an FDIC insured institution located in Doylestown, PA. It was founded in 1922 and has approximately $2.87 billion in assets. Customers can open an account at one of its 27 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 30401 |
| Date Established | 1922 |
| Assets | $ 2.87 billion |
| Loans | $ 1,893.48 million |
| Deposits | $ 2.16 billion |
| Capital | $ 284.29 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 - April 18, 2024
Your Current Location: Ohio, OH 43085
Loan Rates - April 18, 2024
Your Current Location: Ohio, OH 43085
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
5.52% | 5.50% | $2,614.67 | |
| 30 Year Fixed Conforming See Amortization Table |
6.14% | 6.13% | $1,944.35 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 15 Year Fixed Conforming See Amortization Table |
5.52% | 5.50% | $2,614.67 | |
| 30 Year Fixed Conforming See Amortization Table |
6.14% | 6.13% | $1,944.35 | |
Compare with 7.350% APR and 7.250% 30-Year Fixed RATE from Rocket Mortgage
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
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:
Columbus,Ohio
Climate Policy and Initiatives
Penn Community Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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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 |
|---|---|
| 0.37% | 3.96% |
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 December 31, 2024, Penn Community Bank had $1,119,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $284,292,000 in equity and $17,296,000 in loans loss reserves. That gives it a Texas Ratio of 0.37%.
Return on Equity
| Penn Community Bank | U.S. Bank Average |
|---|---|
| 6.77% | 12.20% |
Penn Community Bank has a Return on Equity of 6.77% versus the BestCashCow average of 12.20%. 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 |
|---|---|
| 9.91% | 10.76% |
Penn Community Bank has a Capitalization of 9.91% versus the BestCashCow average of 10.76. 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.
Penn Community Bank Balance Sheet Analysis
As of December 31, 2023, Penn Community Bank had assets of $2,869,234,000, loans of $1,893,480,000, and deposits of $2,157,852,000. 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
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 122.12 million |
| Interest-bearing balances | $ 105.68 million |
| Total securities | $ 679.24 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 1,893.48 million |
| Loan loss allowance | $ 17.30 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 4.97 million |
| All other assets | $ 118.64 million |
| Total Assets | $ 2.58 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 2.16 billion |
| Interest-bearing deposits | $ 1,887.02 million |
| Deposits held in domestic offices | $ 2.16 billion |
| % insured (estimated) | 73.34% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 95.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 18.10 million |
| Total Liabilities | $ 2.58 billion |
| Shareholders’ Equity | $ 284.29 million |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 117.97 million |
| Total Interest Expense | $ 48.01 million |
| Net interest income | $ 69.96 million |
| Provision for loan and lease losses | $ 0.16 million |
| Total non interest income | $ 9.26 million |
| Total non interest expense | $ 57.48 million |
| Pre-tax Net Operating Income | $ 13.08 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 | 38.17 | ✓ | ||
| Multifamily Mortgages |
9.09 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 6.62 | ✓ | ||
| Construction and Development Loans | 10.19 | ✓ | ||
| Commercial Real Estate | 22.44 | ✓ | ||
| Commercial and Industrial Loans | 4.61 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
Customer Reviews for Penn Community Bank
Rk
February 22, 2023 |
Where to begin with this ghetto bank? You make a cash deposit but you can't make a withdraw the same day. You make a deposit and it doesn't show up until the next day. You're limited to a low atm amount every day. The newest ordeal with this moronic bank. I stopped using it but didn't close the account. I accidentally made a 50.00 credit card payment using this account. I left 2.00 in the account so 50.00 minus 2.00 equals 48.00 which they paid and charged overdraft fee of 35.00 which equals 83.00 negative I transferred 235.38 to that account 235.38 minus 83.00 equals 152.38. Tried taking 120.00 out of Atm insufficient funds went inside the teller said that shouldn't be tried and got the same message called someone and they said it's because there's a 83.00 pending charge from my credit card company I asked for a print out of the transaction history it cleary shows their screw up but the teller was too stupid to understand it. There's a very good reason this ghetto bank has such low reviews.
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Jerichokl
September 2, 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!!!
Is this review helpful? Yes:1 / No: 1
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