Institution Statistics
| BankFIRST | | FDIC Certificate # | 27550 | | BankRate Report | View | | Year Established | 1989 | | Employees | 121 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $608.11 million | | Loans | $289.62 million | | Deposits | $415.92 million | | Equity Capital | $132.54 million | | Loan Loss Allowance | $6.46 million | | Unbacked Noncurrent Loans | $6.28 million | | Real Estate Owned | $7.55 million |
Historic Data - December 2010 | | Assets | $600.28 million | | Equity Capital | $130.68 million | | Loan Loss Allowance | $8.32 million | | Unbacked Noncurrent Loans | $3.17 million | | Real Estate Owned | $10.51 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.15% | | Return on Assets | 0.11% | | Return on Equity | 0.53% | | Interest Income | $23.08 million |
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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 BankFIRST had $13.83 million in non-current loans and owned real-estate with $139 million in equity and loan loss allowances on hand to cover it. This gives BankFIRST a Texas Ratio of 9.95% 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 BankFIRST held steady from 10.78% as of December 31, 2010 to 9.95% as of December 31, 2011, resulting in a positive change of 7.71%.This indicates that the balance sheet and financial strength for BankFIRST has held steady in recent periods. | | Deposit Growth | | | In the past year, BankFIRST has increased its total deposits by $6.43 million, resulting in 1.57% 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 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 has $608.11 million in assets with $139 million in equity, resulting in a capitalization level of 22.86%, which is excellent. |
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