Anchor Commercial Bank

Anchor Commercial Bank is headquartered in North Palm Beach and is the 166^th largest bank in the state of Florida. It is also the 4,269^th largest bank in the nation. It was established in 2005 and as of December of 2011, it had grown to 19 employees at 2 locations. Anchor Commercial Bank has a 1-star health rating.

Data for Q4 2011

Institution Statistics Anchor Commercial Bank FDIC Certificate # 57931 BankRate Report View Year Established 2005 Employees 19 Primary Regulator FED Assets and Liabilities Assets $127.83 million Loans $94.66 million Deposits $122.28 million Equity Capital $5.18 million Loan Loss Allowance $3.76 million Unbacked Noncurrent Loans $14.88 million Real Estate Owned $3.93 million Historic Data - December 2010 Assets $157.31 million Equity Capital $6.53 million Loan Loss Allowance $6.71 million Unbacked Noncurrent Loans $14.12 million Real Estate Owned $979,000 Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets -1.06% Return on Equity -25.13% Interest Income $5.97 million

Institution Health Overall Score: 1 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 Anchor Commercial Bank had $18.81 million in non-current loans and owned real-estate with $8.94 million in equity and loan loss allowances on hand to cover it. This gives Anchor Commercial Bank a Texas Ratio of 210.29% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Anchor Commercial Bank increased slightly from 114.01% as of December 31, 2010 to 210.29% as of December 31, 2011, resulting in a negative change of 84.45%. This indicates that the balance sheet and financial strength for Anchor Commercial Bank has declined slightly in recent periods. Deposit Growth In the past year, Anchor Commercial Bank has decreased its total deposits by -$28 million, resulting in -18.63% 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 Anchor Commercial Bank has shown is poor. 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. Anchor Commercial Bank has $127.83 million in assets with $8.94 million in equity, resulting in a capitalization level of 7.00%, which is below average.

No reviews have been left for this bank yet. Be the first to review.