Bank of Mingo

Bank of Mingo is headquartered in Williamson and is the 47^th largest bank in the state of West Virginia. It is also the 4,612^st largest bank in the nation. It was established in 1976 and as of December of 2011, it had grown to 44 employees at 6 locations. Bank of Mingo has a 3-star health rating.

Bank of Mingo Routing Number: 051501817

Data for Q4 2011

Institution Statistics Bank of Mingo FDIC Certificate # 22273 BankRate Report View Year Established 1976 Employees 44 Primary Regulator FDIC Assets and Liabilities Assets $113.15 million Loans $55.96 million Deposits $96.51 million Equity Capital $16.30 million Loan Loss Allowance $1.42 million Unbacked Noncurrent Loans $3.59 million Real Estate Owned $976,000 Historic Data - December 2010 Assets $116.00 million Equity Capital $15.52 million Loan Loss Allowance $1.71 million Unbacked Noncurrent Loans $3.14 million Real Estate Owned $1.36 million Profit Margin - Quarterly Net Interest Margin 4.69% Return on Assets 0.67% Return on Equity 4.83% Interest Income $6.06 million

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 Mingo had $4.57 million in non-current loans and owned real-estate with $17.72 million in equity and loan loss allowances on hand to cover it. This gives Bank of Mingo a Texas Ratio of 25.78% 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 Mingo held steady from 26.10% as of December 31, 2010 to 25.78% as of December 31, 2011, resulting in a positive change of 1.21%.This indicates that the balance sheet and financial strength for Bank of Mingo has held steady in recent periods. Deposit Growth In the past year, Bank of Mingo has decreased its total deposits by -$3.64 million, resulting in -3.63% 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 Mingo 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 Mingo has $113.15 million in assets with $17.72 million in equity, resulting in a capitalization level of 15.66%, which is excellent.

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