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Financial Strength

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

  2022 2021 2020 2019 2018
Consolidated Assets $887,601 $856,465 $644,319 $539,730 $551,124
Deposits 781,717 742,988 558,447 466,847 477,817
Net Loans 475,452 436,166 420,218 398,061 373,254
Equity 90,080 89,601 66,491 61,603 60,224
Total Capital 98,184 95,186 71,683 65,614 63,986
 

Basel III Regulatory Capital Framework (Note 1) as of March 31, 2022

Presidential Bank, FSB

Consolidated Statement of Condition
Fiscal Year Ended March 31, 2022

 

Common Equity Tier 1 Capital Ratio Tier 1 Capital Ratio Total Capital Ratio Tier 1 Leverage Ratio
17.5% 17.5% 18.7% 10.5%

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, 2022, the Bank maintained capital levels that exceeded all regulatory minimums.
 

Assets  
Cash and cash equivalents $249,909,797
Federal funds sold 1,181,170
Investment securities – held-to-maturity 10,000,000
Investment securities – available-for-sale 65,681,725
Mortgage loans held for sale 51,361,764
Loans receivable, net 475,452,165
Accrued interest receivable 2,151,201
Federal home loan bank stock, at cost 443,900
Bank premises and equipment, net 3,376,461
Deferred income taxes 1,665,450
Income taxes receivable 342,124
Bank-owned life insurance 12,547,322
Other assets 13,488,094
Total assets $887,601,173
 
Liabilities and Equity  
Deposits $781,717,208
Mortgage funding and cashiers' checks outstanding 2,917,238
Advance payments from borrowers for taxes and insurance 2,962,784
Accrued expenses and other liabilities 9,923,605
Total liabilities $797,520,835
 
Shareholders' equity  
Capital stock ($1.00 par value) 428,829
Additional paid-in capital 6,381,193
Retained earnings 84,803,718
Accumulated other comprehensive loss (1,533,402)
Total equity $90,080,338
Total liabilities and equity $887,601,173
Last Modifications: 7/6/2022 4:39:08 PM