Belmont Federal Savings and Loan Association

Belmont Federal Savings and Loan Association is headquartered in Belmont and is the 78^th largest bank in the state of North Carolina. It is also the 4,851^st largest bank in the nation. It was established in 1915 and as of December of 2011, it had grown to 11 employees at 1 location. Belmont Federal Savings and Loan Association has a 5-star health rating.

Data for Q4 2011

Institution Statistics Belmont Federal Savings and Loan Association OTS # 00773 FDIC Certificate # 28035 BankRate Report View Year Established 1915 Employees 11 Primary Regulator OCC Assets and Liabilities Assets $103.57 million Loans $57.28 million Deposits $87.63 million Equity Capital $15.42 million Loan Loss Allowance $231,000 Unbacked Noncurrent Loans $327,000 Historic Data - December 2010 Assets $93.08 million Equity Capital $14.82 million Loan Loss Allowance $166,000 Unbacked Noncurrent Loans $488,000 Profit Margin - Quarterly Net Interest Margin 3.29% Return on Assets 0.63% Return on Equity 4.01% Interest Income $3.98 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 Belmont Federal Savings and Loan Association had $327,000 in non-current loans and owned real-estate with $15.65 million in equity and loan loss allowances on hand to cover it. This gives Belmont Federal Savings and Loan Association a Texas Ratio of 2.09% 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 Belmont Federal Savings and Loan Association decreased slightly from 3.26% as of December 31, 2010 to 2.09% as of December 31, 2011, resulting in a positive change of 35.87%.This indicates that the balance sheet and financial strength for Belmont Federal Savings and Loan Association has improved slightly in recent periods. Deposit Growth In the past year, Belmont Federal Savings and Loan Association has increased its total deposits by $9.94 million, resulting in 12.8% 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 Belmont Federal Savings and Loan Association has shown is excellent. 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. Belmont Federal Savings and Loan Association has $103.57 million in assets with $15.65 million in equity, resulting in a capitalization level of 15.11%, which is excellent.

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