Aquesta Bank

Aquesta Bank is headquartered in Cornelius and is the 59^th largest bank in the state of North Carolina. It is also the 3,101^st largest bank in the nation. It was established in 2006 and as of December of 2011, it had grown to 52 employees at 4 locations. Aquesta Bank has a 3-star health rating.

Aquesta Bank Routing Number: 053112712

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Data for Q4 2011

Institution Statistics Aquesta Bank FDIC Certificate # 58296 BankRate Report View Year Established 2006 Employees 52 Primary Regulator FDIC Assets and Liabilities Assets $199.09 million Loans $114.12 million Deposits $157.03 million Equity Capital $20.51 million Loan Loss Allowance $1.81 million Unbacked Noncurrent Loans $4.72 million Real Estate Owned $3.63 million Historic Data - December 2010 Assets $195.50 million Equity Capital $20.88 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $8.02 million Real Estate Owned $3.15 million Profit Margin - Quarterly Net Interest Margin 4.07% Return on Assets -0.46% Return on Equity -4.47% Interest Income $9.49 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 Aquesta Bank had $8.35 million in non-current loans and owned real-estate with $22.32 million in equity and loan loss allowances on hand to cover it. This gives Aquesta Bank a Texas Ratio of 37.43% 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 Aquesta Bank decreased slightly from 52.20% as of December 31, 2010 to 37.43% as of December 31, 2011, resulting in a positive change of 28.30%.This indicates that the balance sheet and financial strength for Aquesta Bank has improved slightly in recent periods. Deposit Growth In the past year, Aquesta Bank has increased its total deposits by $6.31 million, resulting in 4.18% 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 Aquesta 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. Aquesta Bank has $199.09 million in assets with $22.32 million in equity, resulting in a capitalization level of 11.21%, which is above average.

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