Institution Statistics
| Bank of Greeley | | FDIC Certificate # | 17995 | | BankRate Report | View | | Year Established | 1888 | | Employees | 6 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $34.57 million | | Loans | $20.89 million | | Deposits | $29.78 million | | Equity Capital | $4.28 million | | Loan Loss Allowance | $297,000 | | Unbacked Noncurrent Loans | $3,000 | | Real Estate Owned | $39,000 |
Historic Data - December 2010 | | Assets | $34.02 million | | Equity Capital | $4.09 million | | Loan Loss Allowance | $283,000 | | Unbacked Noncurrent Loans | $4,000 | | Real Estate Owned | $39,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.52% | | Return on Assets | 1.33% | | Return on Equity | 10.67% | | Interest Income | $1.46 million |
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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 Bank of Greeley had $42,000 in non-current loans and owned real-estate with $4.57 million in equity and loan loss allowances on hand to cover it. This gives Bank of Greeley a Texas Ratio of 0.92% 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 Bank of Greeley held steady from 0.98% as of December 31, 2010 to 0.92% as of December 31, 2011, resulting in a positive change of 6.62%.This indicates that the balance sheet and financial strength for Bank of Greeley has held steady in recent periods. | | Deposit Growth |  | | In the past year, Bank of Greeley has increased its total deposits by $342,000, resulting in 1.16% 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 Greeley 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. Bank of Greeley has $34.57 million in assets with $4.57 million in equity, resulting in a capitalization level of 13.23%, which is excellent. |
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