How profitable a bank is has an effect on its safety and soundness. A bank can retain its earnings, expanding its capital cushion, or put them to work addressing problematic loans, potentially making the bank better able to withstand financial trouble. Conversely, losses reduce a bank's ability to do those things.
On Bankrate's earnings test, Slovenian Savings and Loan Association of Franklin-Conemaugh scored 6 out of a possible 30, coming in below the national average of 15.12.
Return on equity, calculated by dividing net income (profit, basically) by the total amount of equity, is one important way to measure a bank's earnings. Slovenian Savings and Loan Association of Franklin-Conemaugh's most recent annualized quarterly return on equity was 2.52 percent, below the national average of 8.10 percent.
The bank recorded net income of $395,000 on total equity of $15.9 million for the twelve months ended December 31, 2017. The bank reported an annualized return on average assets, or ROA, of 0.30 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.