Financial Strength

Selected Financial Data (in thousands), as of March 31 each year

  2021 2020 2019 2018 2017
Consolidated Assets $856,465 $644,319 $539,730 $551,124 $573,680
Deposits 742,988 558,447 466,847 477,817 501,984
Net Loans 436,166 420,218 398,061 373,254 375,564
Equity 89,601 66,491 61,603 60,224 59,325
Total Capital 95,186 71,683 65,614 63,986 62,445
 

Basel III Regulatory Capital Framework (Note 1) as of March 31, 2021

Note 1 – Regulatory capital is a key factor considered by the OCC to determine whether a savings association is operating in a safe and sound manner. At March 31, 2021, the Bank maintained capital levels that exceeded all regulatory minimums.
 

Presidential Bank, FSB

Consolidated Statement of Condition
Fiscal Year Ended March 31, 2021

 

Common Equity Tier 1 Capital Ratio Tier 1 Capital Ratio Total Capital Ratio Tier 1 Leverage Ratio
17.7% 17.7% 19.0% 10.8%
Assets  
Cash and cash equivalents $197,531,221
Federal funds sold 1,672,169
Investment securities – held-to-maturity 1,500,000
Investment securities – available-for-sale 23,829,012
Mortgage loans held for sale 157,449,667
Loans receivable, net 436,166,321
Accrued interest receivable 1,980,103
Federal home loan bank stock, at cost 408,400
Bank premises and equipment, net 3,509,204
Deferred income taxes 518,173
Income taxes receivable 160,889
Bank-owned life insurance 12,298,371
Other assets 19,441,551
Total assets $856,465,081
 
Liabilities and Equity  
Deposits $742,987,741
Mortgage funding and cashiers' checks outstanding 1,510,669
Advance payments from borrowers for taxes and insurance 2,842,277
Accrued expenses and other liabilities 19,523,050
Total liabilities $766,863,737
 
Shareholders' equity  
Capital stock ($1.00 par value) 428,829
Additional paid-in capital 6,381,193
Retained earnings 82,068,657
Accumulated other comprehensive loss 722,665
Total equity $89,601,344
Total liabilities and equity $856,465,081
Last Modifications: 10/7/2021 1:43:19 PM