The Park Bank

2401 South Park Street
Madison, WI 53713

Notable Rates APY Vs.Others
Savings N.A. 2.20% →
1-Year CD N.A. 2.20% →
2-Year CD N.A. 2.20% →
5-Year CD N.A. 2.60% →
30-Year Mortgage 3.65% 3.31% →
15-Year Mortgage 3.09% 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

The Park Bank is an FDIC insured institution located in Madison, WI. It was founded in 1966 and has approximately $1.04 billion in assets. Customers can open an account at one of its 13 branches.

FDIC Insured Yes
FDIC Certificate # 19608
Date Established 1966
Assets $1.04 billion
Loans $0.91 billion
Deposits $0.81 billion
Capital $0.11 billion
 

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

Deposit Rates - February 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no rates available for The Park Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - February 21, 2020

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

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

The Park 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


The Park Bank Locations


Financial Details

The Park Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Park 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
The Park Bank U.S. Bank Average
4.33% 6.70%

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 September 30, 2019, The Park Bank had $5,173,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $110,975,000 in equity and $8,604,000 in loans loss reserves. That gives it a Texas Ratio of 4.33%.

Return on Equity
The Park Bank U.S. Bank Average
9.57% 9.72%

The Park Bank has a Return on Equity of 9.57% versus the BestCashCow average of 9.72%. 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
The Park Bank U.S. Bank Average
10.63% 12.89%

The Park Bank has a Capitalization of 10.63% versus the BestCashCow average of 12.89. 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.

The Park Bank Balance Sheet Analysis

As of September 30, 2019, The Park Bank had assets of $1,044,365,000, loans of $906,321,000, and deposits of $807,109,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.00 billion
Total securities $0.09 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.91 billion
Loan loss allowance $0.01 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 $0.02 billion
     Total Assets $0.93 billion
LIABILITIES
Total deposits $0.81 billion
      Interest-bearing deposits $0.59 billion
      Deposits held in domestic offices $0.81 billion
      % insured (estimated) 68.93%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.12 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.93 billion
      Shareholders’ Equity $0.11 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.01 billion
Net interest income $0.03 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

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

Compared to other banks in Wisconsin, The Park Bank 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 22.76
Multifamily
Mortgages
10.98
Credit Card Loans 0.58
Consumer Auto Loans 0.05
Small Business Loans 0.00
Construction and Development Loans 12.63
Commercial Real Estate 39.37
Commercial and Industrial Loans 14.17
Farm Loans 0.00

Frequently Asked Questions About The Park Bank

Branches and Savings

Is The Park Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19608.

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

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

Why are The Park Bank CD rates not competitive?

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

Is The Park Bank a commercial bank?

Yes

Where are The Park Bank locations?

See branch locations nearby.

Is The Park Bank open on Saturdays?

Is The Park Bank open on Sundays?

What time does The Park Bank open?

What time does The Park Bank close?

Are The Park Bank ATMs Open 24/7?

Do The Park Bank ATMs accept cash deposits?

Can The Park Bank customers use other ATMs?

Do The Park Bank branches have notaries?

Will The Park Bank notarize my document?

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

Will the The Park Bank branch print checks?

Do The Park Bank checks expire?

Does The Park Bank require US citizenship to open account?

Can The Park Bank close my account?

Does The Park Bank Report to credit bureaus?

Does The Park Bank Use Equifax?

What is The Park Bank's ACH Routing Number?

What is The Park Bank's SWIFT code?

Products

Does The Park Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does The Park Bank offer personal loans?

Compare personal loan rates here.

Does The Park Bank offer student loans?

Will The Park Bank cash a check?

Will The Park Bank redeem a savings bond?

Does The Park Bank cash savings bonds?

Will The Park Bank cash money orders?

Can The Park Bank issue a money order?

Does The Park Bank do currency exchange?

Background on The Bank

Who owns The Park Bank?

How long has The Park Bank been around?

Can The Park Bank transfer to other banks?

Does The Park Bank have quick pay?

Does The Park Bank accept rolled coins?

Will The Park Bank accept loose change?

Where is The Park Bank headquarters?

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