Institution Statistics
| FDIC Certificate # | 11310 | | BankRate Report | View | | Year Established | 1904 | | Employees | 83 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $238.39 million | | Loans | $125.41 million | | Deposits | $220.12 million | | Equity Capital | $17.79 million | | Loan Loss Allowance | $1.14 million | | Unbacked Noncurrent Loans | $3.18 million | | Real Estate Owned | $652,000 |
Historic Data - March 2009 | | Assets | $212.62 million | | Equity Capital | $17.84 million | | Loan Loss Allowance | $1.14 million | | Unbacked Noncurrent Loans | $4.22 million | | Real Estate Owned | $12,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.53% | | Return on Assets | 1.33% | | Return on Equity | 17.48% | | Interest Income | $2.59 million |
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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 March 31, 2010 Bank of Herrin had $3.83 million in non-current loans and owned real-estate with $18.93 million in equity and loan loss allowances on hand to cover it. This gives Bank of Herrin a Texas Ratio of 20.24% 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 Bank of Herrin held steady from 22.29% as of March 31, 2009 to 20.24% as of March 31, 2010, resulting in a positive change of 9.22%.This indicates that the balance sheet and financial strength for Bank of Herrin has held steady in recent periods. | | Deposit Growth |  | | In the past year, Bank of Herrin has increased it's total deposits by $25.98 million, resulting in 13.38% 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 Herrin 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. Bank of Herrin has $238.39 million in assets with $18.93 million in equity, resulting in a capitalization level of 7.94%, which is poor. |
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