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Overview / Commentary
461 Beecher Road
Gahanna, OH 43230

Benchmark Bank is headquartered in Gahanna and is the 133rd largest bank in the state of Ohio. It is also the 4,354th largest bank in the nation. It was established in 2005 and as of December of 2013, it had grown to 38 employees at 2 locations. Benchmark Bank's savings rates are 44% higher than the national average, but it has a C health rating.

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Data for Q4 2013

Institution Health


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, 2013 Benchmark Bank had $9.3 million in non-current loans and owned real-estate with $10.37 million in equity and loan loss allowances on hand to cover it. This gives Benchmark Bank a Texas Ratio of 89.68% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Benchmark Bank decreased dramatically from 141.72% as of December 31, 2012 to 89.68% as of December 31, 2013, resulting in a positive change of 36.72%.This indicates that the balance sheet and financial strength for Benchmark Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Benchmark Bank has increased its total deposits by $523,000, resulting in 0.51% 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 Benchmark Bank has shown is above average.



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. Benchmark Bank has $117.27 million in assets with $10.37 million in equity, resulting in a capitalization level of 8.84%, which is average.

Institution Statistics

FDIC Certificate #57949
Year Established2005
Primary RegulatorFDIC
Assets and Liabilities
Assets$117.27 million
Loans$90.07 million
Deposits$102.95 million
Equity Capital$8.75 million
Loan Loss Allowance$1.61 million
Unbacked Noncurrent Loans$6.40 million
Real Estate Owned$2.90 million
Historic Data - December 2012
Assets$113.91 million
Equity Capital$5.89 million
Loan Loss Allowance$2.32 million
Unbacked Noncurrent Loans$6.40 million
Real Estate Owned$3.23 million
Profit Margin - Quarterly
Net Interest Margin3.79%
Return on Assets0.18%
Return on Equity3%
Interest Income$4.66 million

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Benchmark Bank Savings Account Rates

0.75%$50$1kBBjr Statement Savings
0.15%$10k-Personal Savings

Benchmark Bank Money Market Rates

0.25%$50k-Personal Money Market Account

Benchmark Bank Checking Account Rates

0.15%$25k-Checking Account

Benchmark Bank CD Rates

1.20%$500-25 Month CD
1.00%$500-5 Year CD
0.75%$500-11 Month CD
0.75%$500-3 Year CD
0.50%$500-2 Year CD
0.25%$500-1 Year CD
0.20%$500-6 Month CD
0.15%$500-3 Month CD

Benchmark Bank IRA Rates

1.20%$500-25 Month IRA
1.00%$500-5 Year IRA
0.75%$500-11 Month IRA
0.75%$500-3 Year IRA
0.50%$500-2 Year IRA
0.25%$500-1 Year IRA
0.20%$500-6 Month IRA
0.15%$500-3 Month IRA

Benchmark Bank Locations
Benchmark Bank461 Beecher RoadGahanna, OH 43230
Westerville Branch468 Polaris ParkwayWesterville, OH 43082