Bank of New Madrid

Bank of New Madrid is headquartered in New Madrid and is the 223^rd largest bank in the state of Missouri. It is also the 5,434^th largest bank in the nation. It was established in 1933 and as of December of 2011, it had grown to 28 employees at 3 locations. Bank of New Madrid has a 4-star health rating.

Data for Q4 2011

Institution Statistics Bank of New Madrid FDIC Certificate # 14701 BankRate Report View Year Established 1933 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $81.71 million Loans $42.64 million Deposits $70.99 million Equity Capital $8.44 million Loan Loss Allowance $404,000 Unbacked Noncurrent Loans $22,000 Real Estate Owned $1.09 million Historic Data - December 2010 Assets $89.95 million Equity Capital $7.73 million Loan Loss Allowance $591,000 Unbacked Noncurrent Loans $825,000 Real Estate Owned $800,000 Profit Margin - Quarterly Net Interest Margin 4.48% Return on Assets 1.07% Return on Equity 11.1% Interest Income $3.88 million

Institution Health Overall Score: 4 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 Madrid had $1.11 million in non-current loans and owned real-estate with $8.85 million in equity and loan loss allowances on hand to cover it. This gives Bank of New Madrid a Texas Ratio of 12.54% 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 New Madrid decreased slightly from 19.54% as of December 31, 2010 to 12.54% as of December 31, 2011, resulting in a positive change of 35.84%.This indicates that the balance sheet and financial strength for Bank of New Madrid has improved slightly in recent periods. Deposit Growth In the past year, Bank of New Madrid has decreased its total deposits by -$7.74 million, resulting in -9.83% 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 Madrid has shown is poor. 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 Madrid has $81.71 million in assets with $8.85 million in equity, resulting in a capitalization level of 10.83%, which is above average.

No reviews have been left for this bank yet. Be the first to review.