Institution Statistics
| 1st Bank | | FDIC Certificate # | 22039 | | BankRate Report | View | | Year Established | 1975 | | Employees | 23 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $134.08 million | | Loans | $67.95 million | | Deposits | $113.70 million | | Equity Capital | $13.07 million | | Loan Loss Allowance | $737,000 | | Unbacked Noncurrent Loans | $44,000 |
Historic Data - December 2010 | | Assets | $114.84 million | | Equity Capital | $12.17 million | | Loan Loss Allowance | $739,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.34% | | Return on Assets | 1.55% | | Return on Equity | 15.18% | | Interest Income | $4.32 million |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 1st Bank (OH) had $44,000 in non-current loans and owned real-estate with $13.81 million in equity and loan loss allowances on hand to cover it. This gives 1st Bank (OH) a Texas Ratio of 0.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, 1st Bank (OH) has increased its total deposits by $17.14 million, resulting in 17.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 1st Bank (OH) has shown is excellent. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 1st Bank (OH) has $134.08 million in assets with $13.81 million in equity, resulting in a capitalization level of 10.30%, which is above average. |
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