Bay Bank (AL)

Bay Bank (AL) is headquartered in Mobile and is the 108^th largest bank in the state of Alabama. It is also the 5,299^th largest bank in the nation. It was established in 1999 and as of December of 2011, it had grown to 28 employees at 4 locations. Bay Bank (AL) has a 3-star health rating.

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Data for Q4 2011

Institution Statistics Bay Bank FDIC Certificate # 34872 BankRate Report View Year Established 1999 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $86.76 million Loans $45.30 million Deposits $64.73 million Equity Capital $6.16 million Loan Loss Allowance $1.10 million Real Estate Owned $1.14 million Historic Data - December 2010 Assets $89.03 million Equity Capital $5.78 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $809,000 Real Estate Owned $2.93 million Profit Margin - Quarterly Net Interest Margin 3.93% Return on Assets 0.02% Return on Equity 0.35% Interest Income $3.98 million

Institution Health Overall Score: 3 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 Bay Bank (AL) had $1.14 million in non-current loans and owned real-estate with $7.26 million in equity and loan loss allowances on hand to cover it. This gives Bay Bank (AL) a Texas Ratio of 15.74% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bay Bank (AL) decreased significantly from 52.84% as of December 31, 2010 to 15.74% as of December 31, 2011, resulting in a positive change of 70.21%.This indicates that the balance sheet and financial strength for Bay Bank (AL) has improved significantly in recent periods. Deposit Growth In the past year, Bay Bank (AL) has decreased its total deposits by -$2.07 million, resulting in -3.1% 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 Bay Bank (AL) has shown is below 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. Bay Bank (AL) has $86.76 million in assets with $7.26 million in equity, resulting in a capitalization level of 8.36%, which is average.

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