Altura State Bank

Altura State Bank is headquartered in Altura and is the 287^th largest bank in the state of Minnesota. It is also the 6,482^nd largest bank in the nation. It was established in 1910 and as of December of 2011, it had grown to 10 employees at 1 location. Altura State Bank has a 5-star health rating.

Altura State Bank Routing Number: 091906359

Data for Q4 2011

Institution Statistics Altura State Bank FDIC Certificate # 10173 BankRate Report View Year Established 1910 Employees 10 Primary Regulator FDIC Assets and Liabilities Assets $46.64 million Loans $28.54 million Deposits $39.09 million Equity Capital $6.88 million Loan Loss Allowance $241,000 Unbacked Noncurrent Loans $124,000 Real Estate Owned $241,000 Historic Data - December 2010 Assets $45.54 million Equity Capital $6.49 million Loan Loss Allowance $255,000 Unbacked Noncurrent Loans $204,000 Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets 1.79% Return on Equity 12.47% Interest Income $2.06 million

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 Altura State Bank had $365,000 in non-current loans and owned real-estate with $7.12 million in equity and loan loss allowances on hand to cover it. This gives Altura State Bank a Texas Ratio of 5.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Altura State Bank held steady from 3.03% as of December 31, 2010 to 5.13% as of December 31, 2011, resulting in a negative change of 69.42%. This indicates that the balance sheet and financial strength for Altura State Bank has held steady in recent periods. Deposit Growth In the past year, Altura State Bank has increased its total deposits by $788,000, resulting in 2.06% 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 Altura State Bank has shown is above average. 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. Altura State Bank has $46.64 million in assets with $7.12 million in equity, resulting in a capitalization level of 15.27%, which is excellent.

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