Carter Bank & Trust

Carter Bank & Trust is headquartered in Martinsville and is the 5^th largest bank in the state of Virginia. It is also the 185^th largest bank in the nation. It was established in 2006 and as of December of 2012, it had grown to 899 employees at 123 locations. Carter Bank & Trust has a 4-star health rating.

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Data for Q4 2012

Institution Statistics Carter Bank & Trust FDIC Certificate # 58596 BankRate Report View Year Established 2006 Employees 899 Primary Regulator FDIC Assets and Liabilities Assets $4.44 billion Loans $1.90 billion Deposits $4.06 billion Equity Capital $359.36 million Loan Loss Allowance $19.37 million Unbacked Noncurrent Loans $16.54 million Real Estate Owned $39.88 million Historic Data - December 2011 Assets $3.97 billion Equity Capital $339.52 million Loan Loss Allowance $17.18 million Unbacked Noncurrent Loans $16.68 million Real Estate Owned $14.08 million Profit Margin - Quarterly Net Interest Margin 2.54% Return on Assets 0.71% Return on Equity 8.67% Interest Income $156.82 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, 2012 Carter Bank & Trust had $56.42 million in non-current loans and owned real-estate with $378.74 million in equity and loan loss allowances on hand to cover it. This gives Carter Bank & Trust a Texas Ratio of 14.90% 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 increased slightly from 8.62% as of December 31, 2011 to 14.90% as of December 31, 2012, resulting in a negative change of 72.76%. This indicates that the balance sheet and financial strength for Carter Bank & Trust has declined slightly in recent periods. Deposit Growth In the past year, Carter Bank & Trust has increased its total deposits by $451.01 million, resulting in 12.49% 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 $4.44 billion in assets with $378.74 million in equity, resulting in a capitalization level of 8.53%, which is average.

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