Ann Arbor State Bank

Ann Arbor State Bank is headquartered in Ann Arbor and is the 79^th largest bank in the state of Michigan. It is also the 3,698^th largest bank in the nation. It was established in 2009 and as of December of 2011, it had grown to 24 employees at 1 location. Ann Arbor State Bank has a 5-star health rating.

Ann Arbor State Bank Routing Number: 072414394

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Data for Q4 2011

Institution Statistics Ann Arbor State Bank FDIC Certificate # 58889 BankRate Report View Year Established 2009 Employees 24 Primary Regulator FDIC Assets and Liabilities Assets $158.27 million Loans $82.66 million Deposits $133.59 million Equity Capital $18.16 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $674,000 Historic Data - December 2010 Assets $105.47 million Equity Capital $10.90 million Loan Loss Allowance $820,000 Profit Margin - Quarterly Net Interest Margin 4% Return on Assets 1.24% Return on Equity 11.71% Interest Income $6.18 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 Ann Arbor State Bank had $674,000 in non-current loans and owned real-estate with $19.18 million in equity and loan loss allowances on hand to cover it. This gives Ann Arbor State Bank a Texas Ratio of 3.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Ann Arbor State Bank has increased its total deposits by $45.33 million, resulting in 51.37% 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 Ann Arbor State Bank 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. Ann Arbor State Bank has $158.27 million in assets with $19.18 million in equity, resulting in a capitalization level of 12.12%, which is excellent.

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