Bank of Benoit

Bank of Benoit is headquartered in Benoit and is the 87^th largest bank in the state of Mississippi. It is also the 7,237^th largest bank in the nation. It was established in 1904 and as of December of 2011, it had grown to 5 employees at 1 location. Bank of Benoit has a 3-star health rating.

Bank of Benoit Routing Number: 084202743

Data for Q4 2011

Institution Statistics Bank of Benoit FDIC Certificate # 15817 BankRate Report View Year Established 1904 Employees 5 Primary Regulator FDIC Assets and Liabilities Assets $18.01 million Loans $5.63 million Deposits $16.06 million Equity Capital $1.90 million Loan Loss Allowance $41,000 Unbacked Noncurrent Loans $312,000 Historic Data - December 2010 Assets $18.42 million Equity Capital $1.95 million Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $311,000 Real Estate Owned $37,000 Profit Margin - Quarterly Net Interest Margin 3.15% Return on Assets -0.11% Return on Equity -1.04% Interest Income $633,000

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 Bank of Benoit had $312,000 in non-current loans and owned real-estate with $1.94 million in equity and loan loss allowances on hand to cover it. This gives Bank of Benoit a Texas Ratio of 16.06% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Benoit held steady from 17.45% as of December 31, 2010 to 16.06% as of December 31, 2011, resulting in a positive change of 7.99%.This indicates that the balance sheet and financial strength for Bank of Benoit has held steady in recent periods. Deposit Growth In the past year, Bank of Benoit has decreased its total deposits by $-343,000, resulting in -2.09% 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 Bank of Benoit 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. Bank of Benoit has $18.01 million in assets with $1.94 million in equity, resulting in a capitalization level of 10.79%, which is above average.

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