Pilot Bank

5140 East Fowler Avenue
Tampa, FL 33617

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27045
Date Established 1987
Assets $0.38 billion
Loans $0.30 billion
Deposits $0.32 billion
Capital $0.04 billion

Pilot Bank is an FDIC insured institution located in Tampa, FL. It was founded in 1987 and has approximately $0.38 billion in assets. Customers can open an account at one of its 5 branches.

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

Deposit Rates - September 15, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1 - Learn MoreShow Less
Premium Money Market Account
0.20% $1 $14,999 Learn MoreShow Less
Premium Money Market Account
0.30% $15,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 - Learn MoreShow Less
6 Mo CD
0.25% $10,000 - Learn MoreShow Less
12 Mo CD
0.50% $10,000 - Learn MoreShow Less
18 Mo CD
0.60% $10,000 - Learn MoreShow Less
24 Mo CD
0.75% $10,000 - Learn MoreShow Less
36 Mo CD
1.00% $10,000 - Learn MoreShow Less
48 Mo CD
1.10% $10,000 - Learn MoreShow Less
60 Mo CD
1.41% $10,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.50% $2,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $9,999 Learn MoreShow Less

Loan Rates - September 15, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Pilot Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Virginia 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

Note to Pilot Bank
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Branches

Pilot 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:
Ashburn,Virginia


Pilot Bank Locations


Financial Details

Pilot Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pilot 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
Pilot Bank U.S. Bank Average
0.64% 6.94%

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 March 31, 2019, Pilot Bank had $266,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $39,731,000 in equity and $1,814,000 in loans loss reserves. That gives it a Texas Ratio of 0.64%.

Return on Equity
Pilot Bank U.S. Bank Average
2.84% 9.47%

Pilot Bank has a Return on Equity of 2.84% versus the BestCashCow average of 9.47%. 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
Pilot Bank U.S. Bank Average
10.36% 12.49%

Pilot Bank has a Capitalization of 10.36% versus the BestCashCow average of 12.49. 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.

Pilot Bank Balance Sheet Analysis

As of March 31, 2019, Pilot Bank had assets of $383,673,000, loans of $298,838,000, and deposits of $324,080,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.30 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 $0.01 billion
     Total Assets $0.34 billion
LIABILITIES
Total deposits $0.32 billion
      Interest-bearing deposits $0.26 billion
      Deposits held in domestic offices $0.32 billion
      % insured (estimated) 57.88%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.34 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

March 31, 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 Pilot Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Florida, Pilot Bank has a significantly higher percent of Commercial and Industrial 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 6.80
Multifamily
Mortgages
6.22
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 3.71
Commercial Real Estate 20.47
Commercial and Industrial Loans 38.91
Farm Loans 0.00

Frequently Asked Questions About Pilot Bank

Branches and Savings

Is Pilot Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27045.

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

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

Why are Pilot Bank CD rates not competitive?

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

Is Pilot Bank a commercial bank?

Yes

Where are Pilot Bank locations?

See branch locations nearby.

Is Pilot Bank open on Saturdays?

Is Pilot Bank open on Sundays?

What time does Pilot Bank open?

What time does Pilot Bank close?

Are Pilot Bank ATMs Open 24/7?

Do Pilot Bank ATMs accept cash deposits?

Can Pilot Bank customers use other ATMs?

Do Pilot Bank branches have notaries?

Will Pilot Bank notarize my document?

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

Will the Pilot Bank branch print checks?

Do Pilot Bank checks expire?

Does Pilot Bank require US citizenship to open account?

Can Pilot Bank close my account?

Does Pilot Bank Report to credit bureaus?

Does Pilot Bank Use Equifax?

What is Pilot Bank's ACH Routing Number?

What is Pilot Bank's SWIFT code?

Products

Does Pilot Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Pilot Bank offer personal loans?

Compare personal loan rates here.

Does Pilot Bank offer student loans?

Will Pilot Bank cash a check?

Will Pilot Bank redeem a savings bond?

Does Pilot Bank cash savings bonds?

Will Pilot Bank cash money orders?

Can Pilot Bank issue a money order?

Does Pilot Bank do currency exchange?

Background on The Bank

Who owns Pilot Bank?

How long has Pilot Bank been around?

Can Pilot Bank transfer to other banks?

Does Pilot Bank have quick pay?

Does Pilot Bank accept rolled coins?

Will Pilot Bank accept loose change?

Where is Pilot Bank headquarters?

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