Covenant Bank
Doylestown, PA — Non-member Bank
Active
Vitals
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Total Assets356.6M 34.3 %
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Total Deposits277.5M 43.2 %
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Total Net Loans290.3M 43.5 %
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Net Income758000.0000 26.8 %
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Book Value32.6M 18.9 %
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Book Value x265.1M 18.9 %
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Book Value x397.7M 18.9 %
Balance Sheet Highlights
Financial Highlights | Covenant Bank | All Insured Commercial Banks in Pennsylvania |
Balance Sheet $(000) | ||
Total Assets | 356,564 | 784,148 |
Total Net Loans | 290,286 | 559,183 |
Total Deposits | 277,484 | 637,080 |
Total Equity | 32,564 | 81,247 |
Profitability | ||
Net Income | 758 | 6,303 |
Return on Average Assets | .261 | .785 |
Return on Average Equity | 2.57 | 7.431 |
Net Interest Margin | 4.117 | 3.473 |
Efficiency Ratio | 81.969 | 69.514 |
Noninterest Income/Revenue | 2.401 | 18.146 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 104.614 | 86.432 |
Securities/Assets | .081 | .178 |
Total Equity/Total Assets | .091 | .104 |
Tangible Equity/Tangible Assets | .09 | .094 |
Capital Adequacy | ||
Tier 1 Common Capital | 32,708 | 72,881 |
Tier 1 Capital | 32,708 | 73,172 |
Tier 2 Capital | 3,572 | 6,143 |
Total Capital | 36,280 | 79,518 |
Total Risk Weighted Assets | 304,498 | 578,873 |
Leverage Ratio | 9.71 | 9.899 |
Common Equity Tier 1 Capital Ratio | 10.74 | 13.811 |
Tier 1 Capital Ratio | 10.74 | 13.878 |
Total Capital Ratio | 11.91 | 15.103 |
Timeline for Covenant Bank
Covenant Financial Inc.
Covenant Financial Inc. became a new parent organization for Covenant Bank.
View Profile Feb 05 2016Covenant Bank
Covenant Bank was established 16 years ago and is currently headquartered in Doylestown, PA.
Nov 07 2007Relationships | Role | Relationship Start | Relationship End |
Covenant Financial Inc. | Parent | 2/5/2016 |
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