Bank of New Castle

Bank of New Castle is headquartered in New Castle and is the 27^th largest bank in the state of Delaware. It is also the 7,259^th largest bank in the nation. It was established in 1989 and as of December of 2011, it had grown to employees at 1 location. Bank of New Castle has a 5-star health rating.

Data for Q4 2011

Institution Statistics Bank of New Castle FDIC Certificate # 27575 BankRate Report View Year Established 1989 Employees 0 Primary Regulator FDIC Assets and Liabilities Assets $16.04 million Loans $15.53 million Deposits $500,000 Equity Capital $15.53 million Historic Data - December 2010 Assets $16.03 million Equity Capital $15.52 million Profit Margin - Quarterly Net Interest Margin 0.4% Return on Assets 0.07% Return on Equity 0.08% Interest Income $63,000

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 New Castle had $0 in non-current loans and owned real-estate with $15.53 million in equity and loan loss allowances on hand to cover it. This gives Bank of New Castle a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Bank of New Castle has increased its total deposits by $0, resulting in 0% 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 New Castle has shown is 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 New Castle has $16.04 million in assets with $15.53 million in equity, resulting in a capitalization level of 96.83%, which is excellent.

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