Bank of Utica

Bank of Utica is headquartered in Utica and is the 54^th largest bank in the state of New York. It is also the 749^th largest bank in the nation. It was established in 1927 and as of December of 2011, it had grown to 35 employees at 1 location. Bank of Utica's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Bank of Utica Routing Number: 021311383

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Data for Q4 2011

Institution Statistics Bank of Utica FDIC Certificate # 13397 BankRate Report View Year Established 1927 Employees 35 Primary Regulator FDIC Assets and Liabilities Assets $878.06 million Loans $52.58 million Deposits $728.70 million Equity Capital $130.08 million Loan Loss Allowance $839,000 Unbacked Noncurrent Loans $190,000 Historic Data - December 2010 Assets $848.89 million Equity Capital $117.21 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $208,000 Profit Margin - Quarterly Net Interest Margin 2.76% Return on Assets 1.56% Return on Equity 11.03% Interest Income $33.49 million

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 Utica had $190,000 in non-current loans and owned real-estate with $130.92 million in equity and loan loss allowances on hand to cover it. This gives Bank of Utica a Texas Ratio of 0.15% 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 Utica decreased slightly from 0.17% as of December 31, 2010 to 0.15% as of December 31, 2011, resulting in a positive change of 16.73%.This indicates that the balance sheet and financial strength for Bank of Utica has improved slightly in recent periods. Deposit Growth In the past year, Bank of Utica has increased its total deposits by $25.91 million, resulting in 3.69% 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 Utica 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 Utica has $878.06 million in assets with $130.92 million in equity, resulting in a capitalization level of 14.91%, which is excellent.

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