Avon State Bank

Avon State Bank is headquartered in Avon and is the 164^th largest bank in the state of Minnesota. It is also the 4,800^th largest bank in the nation. It was established in 1907 and as of December of 2011, it had grown to 17 employees at 1 location. Avon State Bank's savings rates are 3X the national average, and it boasts a 5-star health rating.

Avon State Bank Routing Number: 091906427

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Data for Q4 2011

Institution Statistics Avon State Bank FDIC Certificate # 10171 BankRate Report View Year Established 1907 Employees 17 Primary Regulator FDIC Assets and Liabilities Assets $105.47 million Loans $52.51 million Deposits $92.04 million Equity Capital $13.29 million Loan Loss Allowance $1.11 million Unbacked Noncurrent Loans $335,000 Real Estate Owned $657,000 Historic Data - December 2010 Assets $102.54 million Equity Capital $11.86 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $723,000 Real Estate Owned $800,000 Profit Margin - Quarterly Net Interest Margin 3.21% Return on Assets 1.24% Return on Equity 10.24% Interest Income $3.91 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 Avon State Bank had $992,000 in non-current loans and owned real-estate with $14.4 million in equity and loan loss allowances on hand to cover it. This gives Avon State Bank a Texas Ratio of 6.89% 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 Avon State Bank decreased significantly from 11.65% as of December 31, 2010 to 6.89% as of December 31, 2011, resulting in a positive change of 40.87%.This indicates that the balance sheet and financial strength for Avon State Bank has improved significantly in recent periods. Deposit Growth In the past year, Avon State Bank has increased its total deposits by $1.55 million, resulting in 1.71% 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 Avon 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. Avon State Bank has $105.47 million in assets with $14.4 million in equity, resulting in a capitalization level of 13.65%, which is excellent.

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