Belmont Savings Bank (OH)

Belmont Savings Bank (OH) is headquartered in Bellaire and is the 43^rd largest bank in the state of Ohio. It is also the 1,362^nd largest bank in the nation. It was established in 1886 and as of December of 2011, it had grown to 58 employees at 4 locations. Belmont Savings Bank (OH) has a 5-star health rating.

Data for Q4 2011

Institution Statistics Belmont Savings Bank FDIC Certificate # 28348 BankRate Report View Year Established 1886 Employees 58 Primary Regulator FDIC Assets and Liabilities Assets $490.24 million Loans $75.90 million Deposits $339.48 million Equity Capital $42.67 million Loan Loss Allowance $2.52 million Unbacked Noncurrent Loans $2.90 million Historic Data - December 2010 Assets $411.41 million Equity Capital $39.67 million Loan Loss Allowance $1.83 million Unbacked Noncurrent Loans $2.59 million Profit Margin - Quarterly Net Interest Margin 2.59% Return on Assets 0.66% Return on Equity 7.3% Interest Income $18.74 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 Savings Bank (OH) had $2.9 million in non-current loans and owned real-estate with $45.19 million in equity and loan loss allowances on hand to cover it. This gives Belmont Savings Bank (OH) a Texas Ratio of 6.41% 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 Savings Bank (OH) held steady from 6.25% as of December 31, 2010 to 6.41% as of December 31, 2011, resulting in a negative change of 2.62%. This indicates that the balance sheet and financial strength for Belmont Savings Bank (OH) has held steady in recent periods. Deposit Growth In the past year, Belmont Savings Bank (OH) has increased its total deposits by $41.96 million, resulting in 14.1% 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 Belmont Savings Bank (OH) 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 Savings Bank (OH) has $490.24 million in assets with $45.19 million in equity, resulting in a capitalization level of 9.22%, which is average.

No reviews have been left for this bank yet. Be the first to review.