Asian Bank

Philadelphia, PA
IDRSSD: 2785477
Total Assets
$628.69M
Latest filing
Total Deposits
$451.04M
Latest filing
Net Interest Margin
3.55%
Profitability

Locations

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Main Office
Asian Bank
1023 Race St
Philadelphia, PA 19107
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/09/1999FDIC Certificate 61531

Branches (2)

Page 1 of 1
NameAddressCity / State
Asian Bank (Main)1023 Race StPhiladelphia, PA
CASTOR AVENUE BRANCH6509 Castor AvePhiladelphia, PA
PASSYUNK AVENUE BRANCH934 E Passyunk AvePhiladelphia, PA
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date06/09/1999
Community BankYes
Ownership TypeNot Mutual
ZIP19107
State and County Number42101
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number03
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NamePhiladelphia-Camden-Wilmington, PA-NJ-DE-MD

Operational Info

Number of Employees47
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance06/09/1999
Primary Insurance AgencyDIF
Websitehttp://www.theasianbank.com
Data Updated11/14/2025
CERT34759
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$628.69M
Total Deposits$451.04M
Total Liabilities$506.41M
Total Equity Capital$122.28M
Net Income$2.12M
Net Loans and Leases$481.98M
Assets Per Employee ($Millions)$13.97M
Bank Premises and Fixed Assets$4.34M
Cash and Balances due from Depository Institutions$45.84M
Deposits Held in Domestic Offices$451.04M

Key Performance Ratios

Return on Assets (ROA)1.36%
Return on Equity (ROE)6.98%
Net Interest Margin3.55%
Efficiency Ratio46.8%
Tier 1 Risk-Based Capital Ratio25.388%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.19%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets19.45%
Earning Assets to total Assets96.78%

Income and Expense

Total Interest Income$9.32M
Total Noninterest Income$180.00k
Total Interest Expense$3.98M
Total Noninterest Expense$2.58M
Net Interest Income$5.34M
Pre-tax Net Operating Income$2.65M
Provision for Credit Losses$290.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$39.73M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$15.65M
Total Liabilities and Capital$628.69M

Securities

Securities$82.08M
Available-for-sale debt securities$82.08M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Asian Bank?
$628.69M as of the latest filing.
How much are Asian Bank's total deposits?
$451.04M in total deposits.
Where is Asian Bank located?
Philadelphia, PA.
What is the Net Interest Margin?
3.55%.
How many domestic offices does it operate?
3.
When was it established?
06/09/1999.
What is the Return on Assets (ROA)?
1.36%.
How much are total loans and leases?
$481.98M (latest filing).
What is the total interest income (latest filing)?
$9.32M.