Baybank

Baybank is headquartered in Gladstone and is the 104^th largest bank in the state of Michigan. It is also the 5,439^th largest bank in the nation. It was established in 1912 and as of December of 2011, it had grown to 29 employees at 4 locations. Baybank has a 5-star health rating.

Baybank Routing Number: 091102894

Data for Q4 2011

Institution Statistics Baybank FDIC Certificate # 1092 BankRate Report View Year Established 1912 Employees 29 Primary Regulator FDIC Assets and Liabilities Assets $81.37 million Loans $46.18 million Deposits $68.89 million Equity Capital $9.23 million Loan Loss Allowance $679,000 Unbacked Noncurrent Loans $214,000 Real Estate Owned $435,000 Historic Data - December 2010 Assets $80.64 million Equity Capital $8.68 million Loan Loss Allowance $562,000 Unbacked Noncurrent Loans $274,000 Real Estate Owned $530,000 Profit Margin - Quarterly Net Interest Margin 4.24% Return on Assets 0.77% Return on Equity 6.9% Interest Income $3.88 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 Baybank had $649,000 in non-current loans and owned real-estate with $9.91 million in equity and loan loss allowances on hand to cover it. This gives Baybank a Texas Ratio of 6.55% 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 Baybank decreased slightly from 8.70% as of December 31, 2010 to 6.55% as of December 31, 2011, resulting in a positive change of 24.70%.This indicates that the balance sheet and financial strength for Baybank has improved slightly in recent periods. Deposit Growth In the past year, Baybank has increased its total deposits by $2.01 million, resulting in 3.01% 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 Baybank 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. Baybank has $81.37 million in assets with $9.91 million in equity, resulting in a capitalization level of 12.18%, which is excellent.

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