Cabarrus Bank & Trust Company

Cabarrus Bank & Trust Company is headquartered in Concord and is the 72^nd largest bank in the state of North Carolina. It is also the 4,324^th largest bank in the nation. It was established in 2003 and as of December of 2011, it had grown to 18 employees at 2 locations. Cabarrus Bank & Trust Company has a 3-star health rating.

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Data for Q4 2011

Institution Statistics Cabarrus Bank & Trust Company FDIC Certificate # 57545 BankRate Report View Year Established 2003 Employees 18 Primary Regulator FED Assets and Liabilities Assets $125.34 million Loans $79.17 million Deposits $110.00 million Equity Capital $12.00 million Loan Loss Allowance $1.47 million Unbacked Noncurrent Loans $2.35 million Real Estate Owned $1.92 million Historic Data - December 2010 Assets $129.18 million Equity Capital $11.67 million Loan Loss Allowance $1.68 million Unbacked Noncurrent Loans $3.33 million Real Estate Owned $936,000 Profit Margin - Quarterly Net Interest Margin 3.86% Return on Assets 0.14% Return on Equity 1.56% Interest Income $5.50 million

Institution Health Overall Score: 3 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 Cabarrus Bank & Trust Company had $4.27 million in non-current loans and owned real-estate with $13.47 million in equity and loan loss allowances on hand to cover it. This gives Cabarrus Bank & Trust Company a Texas Ratio of 31.72% 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 Cabarrus Bank & Trust Company held steady from 32.00% as of December 31, 2010 to 31.72% as of December 31, 2011, resulting in a positive change of 0.86%.This indicates that the balance sheet and financial strength for Cabarrus Bank & Trust Company has held steady in recent periods. Deposit Growth In the past year, Cabarrus Bank & Trust Company has decreased its total deposits by -$4.24 million, resulting in -3.71% 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 Cabarrus Bank & Trust Company has shown is below 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. Cabarrus Bank & Trust Company has $125.34 million in assets with $13.47 million in equity, resulting in a capitalization level of 10.75%, which is above average.

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