Institution Statistics
| Burling Bank | | FDIC Certificate # | 27556 | | BankRate Report | View | | Year Established | 1989 | | Employees | 13 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $114.88 million | | Loans | $40.14 million | | Deposits | $98.55 million | | Equity Capital | $11.73 million | | Loan Loss Allowance | $402,000 |
Historic Data - December 2010 | | Assets | $114.34 million | | Equity Capital | $10.81 million | | Loan Loss Allowance | $394,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.82% | | Return on Assets | 0.5% | | Return on Equity | 5.38% | | Interest Income | $3.56 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 Burling Bank had $0 in non-current loans and owned real-estate with $12.13 million in equity and loan loss allowances on hand to cover it. This gives Burling Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Burling Bank has increased its total deposits by $6.67 million, resulting in 7.26% 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 Burling Bank 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. Burling Bank has $114.88 million in assets with $12.13 million in equity, resulting in a capitalization level of 10.56%, which is above average. |
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