Bank Plus

Bank Plus is headquartered in Estherville and is the 222^nd largest bank in the state of Iowa. It is also the 5,425^th largest bank in the nation. It was established in 1947 and as of December of 2011, it had grown to 26 employees at 4 locations. Bank Plus has a 5-star health rating.

Bank Plus Routing Number: 073922115

Data for Q4 2011

Institution Statistics Bank Plus FDIC Certificate # 16547 BankRate Report View Year Established 1947 Employees 26 Primary Regulator FDIC Assets and Liabilities Assets $82.03 million Loans $67.31 million Deposits $63.43 million Equity Capital $10.08 million Loan Loss Allowance $866,000 Unbacked Noncurrent Loans $664,000 Real Estate Owned $47,000 Historic Data - December 2010 Assets $88.97 million Equity Capital $9.47 million Loan Loss Allowance $665,000 Unbacked Noncurrent Loans $1.11 million Profit Margin - Quarterly Net Interest Margin 4.91% Return on Assets 1.2% Return on Equity 10.53% Interest Income $4.47 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 Plus had $711,000 in non-current loans and owned real-estate with $10.94 million in equity and loan loss allowances on hand to cover it. This gives Bank Plus a Texas Ratio of 6.50% 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 Plus decreased significantly from 10.91% as of December 31, 2010 to 6.50% as of December 31, 2011, resulting in a positive change of 40.44%.This indicates that the balance sheet and financial strength for Bank Plus has improved significantly in recent periods. Deposit Growth In the past year, Bank Plus has decreased its total deposits by -$6.99 million, resulting in -9.92% 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 Plus 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 Plus has $82.03 million in assets with $10.94 million in equity, resulting in a capitalization level of 13.34%, which is excellent.

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