Ashton State Bank (IA)

Ashton State Bank (IA) is headquartered in Ashton and is the 303^rd largest bank in the state of Iowa. It is also the 6,706^th largest bank in the nation. It was established in 1884 and as of December of 2011, it had grown to 6 employees at 1 location. Ashton State Bank (IA)'s savings rates are 2X the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics Ashton State Bank FDIC Certificate # 11343 BankRate Report View Year Established 1884 Employees 6 Primary Regulator FDIC Assets and Liabilities Assets $39.78 million Loans $25.92 million Deposits $30.33 million Equity Capital $4.61 million Loan Loss Allowance $228,000 Unbacked Noncurrent Loans $374,000 Real Estate Owned $175,000 Historic Data - December 2010 Assets $34.22 million Equity Capital $4.04 million Loan Loss Allowance $213,000 Unbacked Noncurrent Loans $193,000 Real Estate Owned $210,000 Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 1.88% Return on Equity 15.78% Interest Income $1.70 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 Ashton State Bank (IA) had $549,000 in non-current loans and owned real-estate with $4.84 million in equity and loan loss allowances on hand to cover it. This gives Ashton State Bank (IA) a Texas Ratio of 11.34% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Ashton State Bank (IA) held steady from 9.48% as of December 31, 2010 to 11.34% as of December 31, 2011, resulting in a negative change of 19.62%. This indicates that the balance sheet and financial strength for Ashton State Bank (IA) has held steady in recent periods. Deposit Growth In the past year, Ashton State Bank (IA) has increased its total deposits by $3.82 million, resulting in 14.41% 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 Ashton State Bank (IA) 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. Ashton State Bank (IA) has $39.78 million in assets with $4.84 million in equity, resulting in a capitalization level of 12.17%, which is excellent.

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