Carter Bank & Trust

Carter Bank & Trust is headquartered in Martinsville and is the 6^th largest bank in the state of Virginia. It is also the 203^rd largest bank in the nation. It was established in 2006 and as of December of 2011, it had grown to 998 employees at 123 locations. Carter Bank & Trust has a 4-star health rating.

Data for Q4 2011

Institution Statistics Carter Bank & Trust FDIC Certificate # 58596 BankRate Report View Year Established 2006 Employees 998 Primary Regulator FDIC Assets and Liabilities Assets $3.97 billion Loans $1.93 billion Deposits $3.61 billion Equity Capital $339.52 million Loan Loss Allowance $17.18 million Unbacked Noncurrent Loans $16.68 million Real Estate Owned $14.08 million Historic Data - December 2010 Assets $3.71 billion Equity Capital $319.93 million Loan Loss Allowance $15.44 million Unbacked Noncurrent Loans $16.46 million Real Estate Owned $14.86 million Profit Margin - Quarterly Net Interest Margin 2.78% Return on Assets 0.79% Return on Equity 9.14% Interest Income $152.94 million

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 Carter Bank & Trust had $30.76 million in non-current loans and owned real-estate with $356.7 million in equity and loan loss allowances on hand to cover it. This gives Carter Bank & Trust a Texas Ratio of 8.62% 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 Carter Bank & Trust held steady from 9.34% as of December 31, 2010 to 8.62% as of December 31, 2011, resulting in a positive change of 7.65%.This indicates that the balance sheet and financial strength for Carter Bank & Trust has held steady in recent periods. Deposit Growth In the past year, Carter Bank & Trust has increased its total deposits by $254.85 million, resulting in 7.6% 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 Carter Bank & Trust 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. Carter Bank & Trust has $3.97 billion in assets with $356.7 million in equity, resulting in a capitalization level of 8.98%, which is average.

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