Andes State Bank

Andes State Bank is headquartered in Lake Andes and is the 79^th largest bank in the state of South Dakota. It is also the 7,180^th largest bank in the nation. It was established in 1962 and as of December of 2011, it had grown to 6 employees at 1 location. Andes State Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Andes State Bank Routing Number: 091409458

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Data for Q4 2011

Institution Statistics Andes State Bank FDIC Certificate # 18483 BankRate Report View Year Established 1962 Employees 6 Primary Regulator FDIC Assets and Liabilities Assets $21.24 million Loans $6.90 million Deposits $19.07 million Equity Capital $2.13 million Loan Loss Allowance $92,000 Unbacked Noncurrent Loans $14,000 Real Estate Owned $136,000 Historic Data - December 2010 Assets $20.65 million Equity Capital $2.08 million Loan Loss Allowance $124,000 Unbacked Noncurrent Loans $220,000 Real Estate Owned $423,000 Profit Margin - Quarterly Net Interest Margin 3.24% Return on Assets 0.8% Return on Equity 7.85% Interest Income $728,000

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 Andes State Bank had $150,000 in non-current loans and owned real-estate with $2.22 million in equity and loan loss allowances on hand to cover it. This gives Andes State Bank a Texas Ratio of 6.76% 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 Andes State Bank decreased significantly from 29.23% as of December 31, 2010 to 6.76% as of December 31, 2011, resulting in a positive change of 76.88%.This indicates that the balance sheet and financial strength for Andes State Bank has improved significantly in recent periods. Deposit Growth In the past year, Andes State Bank has increased its total deposits by $533,000, resulting in 2.88% 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 Andes 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. Andes State Bank has $21.24 million in assets with $2.22 million in equity, resulting in a capitalization level of 10.45%, which is above average.

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