Benefit Bank

Benefit Bank is headquartered in Fort Smith and is the 49^th largest bank in the state of Arkansas. It is also the 2,968^th largest bank in the nation. It was established in 1999 and as of December of 2011, it had grown to 58 employees at 5 locations. Benefit Bank has a 2-star health rating.

Data for Q4 2011

Institution Statistics Benefit Bank OTS # 16263 FDIC Certificate # 35281 BankRate Report View Year Established 1999 Employees 58 Primary Regulator OCC Assets and Liabilities Assets $210.94 million Loans $166.05 million Deposits $173.63 million Equity Capital $18.06 million Loan Loss Allowance $4.51 million Unbacked Noncurrent Loans $10.06 million Real Estate Owned $2.82 million Historic Data - December 2010 Assets $226.54 million Equity Capital $19.38 million Loan Loss Allowance $3.67 million Unbacked Noncurrent Loans $5.23 million Real Estate Owned $2.92 million Profit Margin - Quarterly Net Interest Margin 3.97% Return on Assets -0.6% Return on Equity -6.97% Interest Income $10.74 million

Institution Health Overall Score: 2 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 Benefit Bank had $12.88 million in non-current loans and owned real-estate with $22.57 million in equity and loan loss allowances on hand to cover it. This gives Benefit Bank a Texas Ratio of 57.08% 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 Benefit Bank increased slightly from 22.69% as of December 31, 2010 to 57.08% as of December 31, 2011, resulting in a negative change of 151.57%. This indicates that the balance sheet and financial strength for Benefit Bank has declined slightly in recent periods. Deposit Growth In the past year, Benefit Bank has decreased its total deposits by -$12.95 million, resulting in -6.94% 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 Benefit Bank has shown is poor. 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. Benefit Bank has $210.94 million in assets with $22.57 million in equity, resulting in a capitalization level of 10.70%, which is above average.

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