Institution Statistics
| Brimfield Bank | | FDIC Certificate # | 10856 | | BankRate Report | View | | Year Established | 1913 | | Employees | 17 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $51.51 million | | Loans | $33.53 million | | Deposits | $42.22 million | | Equity Capital | $5.11 million | | Loan Loss Allowance | $620,000 | | Unbacked Noncurrent Loans | $441,000 | | Real Estate Owned | $150,000 |
Historic Data - December 2010 | | Assets | $47.38 million | | Equity Capital | $5.05 million | | Loan Loss Allowance | $420,000 | | Unbacked Noncurrent Loans | $403,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.54% | | Return on Assets | 0% | | Return on Equity | -0.04% | | Interest Income | $2.02 million |
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Institution Health
Overall Score:
4 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 Brimfield Bank had $591,000 in non-current loans and owned real-estate with $5.73 million in equity and loan loss allowances on hand to cover it. This gives Brimfield Bank a Texas Ratio of 10.31% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Brimfield Bank held steady from 7.37% as of December 31, 2010 to 10.31% as of December 31, 2011, resulting in a negative change of 39.82%. This indicates that the balance sheet and financial strength for Brimfield Bank has held steady in recent periods. | | Deposit Growth | | | In the past year, Brimfield Bank has increased its total deposits by $974,000, resulting in 2.36% 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 Brimfield Bank has shown is above average. | | 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. Brimfield Bank has $51.51 million in assets with $5.73 million in equity, resulting in a capitalization level of 11.13%, which is above average. |
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