Institution Statistics
| Better Banks | | FDIC Certificate # | 1808 | | BankRate Report | View | | Year Established | 1898 | | Employees | 60 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $219.23 million | | Loans | $87.64 million | | Deposits | $196.09 million | | Equity Capital | $17.95 million | | Loan Loss Allowance | $1.03 million | | Unbacked Noncurrent Loans | $14,000 |
Historic Data - December 2010 | | Assets | $194.51 million | | Equity Capital | $16.33 million | | Loan Loss Allowance | $961,000 | | Unbacked Noncurrent Loans | $67,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.64% | | Return on Assets | 0.81% | | Return on Equity | 9.56% | | Interest Income | $6.42 million |
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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 Better Banks had $14,000 in non-current loans and owned real-estate with $18.98 million in equity and loan loss allowances on hand to cover it. This gives Better Banks a Texas Ratio of 0.07% 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 Better Banks decreased significantly from 0.39% as of December 31, 2010 to 0.07% as of December 31, 2011, resulting in a positive change of 80.96%.This indicates that the balance sheet and financial strength for Better Banks has improved significantly in recent periods. | | Deposit Growth | | | In the past year, Better Banks has increased its total deposits by $26.34 million, resulting in 15.52% 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 Better Banks 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. Better Banks has $219.23 million in assets with $18.98 million in equity, resulting in a capitalization level of 8.66%, which is average. |
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