Annandale State Bank

Annandale State Bank is headquartered in Annandale and is the 143^rd largest bank in the state of Minnesota. It is also the 4,364^th largest bank in the nation. It was established in 1893 and as of December of 2011, it had grown to 33 employees at 2 locations. Annandale State Bank has a 3-star health rating.

Annandale State Bank Routing Number: 091904610

Data for Q4 2011

Institution Statistics Annandale State Bank FDIC Certificate # 10989 BankRate Report View Year Established 1893 Employees 33 Primary Regulator FDIC Assets and Liabilities Assets $123.55 million Loans $67.19 million Deposits $104.90 million Equity Capital $15.08 million Loan Loss Allowance $1.00 million Unbacked Noncurrent Loans $3.35 million Real Estate Owned $3.28 million Historic Data - December 2010 Assets $127.30 million Equity Capital $15.77 million Loan Loss Allowance $1.16 million Unbacked Noncurrent Loans $2.33 million Real Estate Owned $4.27 million Profit Margin - Quarterly Net Interest Margin 3.6% Return on Assets 0.65% Return on Equity 5.16% Interest Income $5.08 million

Institution Health Overall Score: 3 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 Annandale State Bank had $6.63 million in non-current loans and owned real-estate with $16.08 million in equity and loan loss allowances on hand to cover it. This gives Annandale State Bank a Texas Ratio of 41.25% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Annandale State Bank held steady from 38.96% as of December 31, 2010 to 41.25% as of December 31, 2011, resulting in a negative change of 5.89%. This indicates that the balance sheet and financial strength for Annandale State Bank has held steady in recent periods. Deposit Growth In the past year, Annandale State Bank has decreased its total deposits by -$2.58 million, resulting in -2.4% 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 Annandale State Bank has shown is below 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. Annandale State Bank has $123.55 million in assets with $16.08 million in equity, resulting in a capitalization level of 13.02%, which is excellent.

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