Institution Statistics
| BankFirst | | FDIC Certificate # | 20130 | | BankRate Report | View | | Year Established | 1970 | | Employees | 69 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $276.22 million | | Loans | $183.99 million | | Deposits | $224.44 million | | Equity Capital | $34.85 million | | Loan Loss Allowance | $2.40 million | | Unbacked Noncurrent Loans | $569,000 | | Real Estate Owned | $1.25 million |
Historic Data - December 2010 | | Assets | $265.68 million | | Equity Capital | $31.35 million | | Loan Loss Allowance | $2.78 million | | Unbacked Noncurrent Loans | $1.75 million | | Real Estate Owned | $323,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.05% | | Return on Assets | 1.39% | | Return on Equity | 11.3% | | Interest Income | $12.46 million |
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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 BankFirst - Online had $1.82 million in non-current loans and owned real-estate with $37.25 million in equity and loan loss allowances on hand to cover it. This gives BankFirst - Online a Texas Ratio of 4.89% 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 BankFirst - Online decreased slightly from 5.81% as of December 31, 2010 to 4.89% as of December 31, 2011, resulting in a positive change of 15.92%.This indicates that the balance sheet and financial strength for BankFirst - Online has improved slightly in recent periods. | | Deposit Growth | | | In the past year, BankFirst - Online has increased its total deposits by $10.27 million, resulting in 4.8% 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 BankFirst - Online 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. BankFirst - Online has $276.22 million in assets with $37.25 million in equity, resulting in a capitalization level of 13.49%, which is excellent. |
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