Centinel Bank of Taos

Centinel Bank of Taos is headquartered in Taos and is the 24^th largest bank in the state of New Mexico. It is also the 3,391^st largest bank in the nation. It was established in 1969 and as of December of 2011, it had grown to 52 employees at 2 locations. Centinel Bank of Taos has a 5-star health rating.

Centinel Bank of Taos Routing Number: 107001261

Centinel Bank of Taos Checking Account Rates

Centinel Bank of Taos Savings Account Rates

Centinel Bank of Taos Money Market Rates

Centinel Bank of Taos CD Rates

Centinel Bank of Taos IRA Rates

Data for Q4 2011

Institution Statistics Centinel Bank of Taos FDIC Certificate # 19904 BankRate Report View Year Established 1969 Employees 52 Primary Regulator FDIC Assets and Liabilities Assets $178.59 million Loans $77.98 million Deposits $160.48 million Equity Capital $16.37 million Loan Loss Allowance $1.41 million Unbacked Noncurrent Loans $140,000 Real Estate Owned $1.16 million Historic Data - December 2010 Assets $165.00 million Equity Capital $14.99 million Loan Loss Allowance $1.31 million Unbacked Noncurrent Loans $673,000 Real Estate Owned $529,000 Profit Margin - Quarterly Net Interest Margin 3.98% Return on Assets 1.49% Return on Equity 15.97% Interest Income $6.84 million

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 Centinel Bank of Taos had $1.3 million in non-current loans and owned real-estate with $17.78 million in equity and loan loss allowances on hand to cover it. This gives Centinel Bank of Taos a Texas Ratio of 7.33% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Centinel Bank of Taos held steady from 7.38% as of December 31, 2010 to 7.33% as of December 31, 2011, resulting in a positive change of 0.62%.This indicates that the balance sheet and financial strength for Centinel Bank of Taos has held steady in recent periods. Deposit Growth In the past year, Centinel Bank of Taos has increased its total deposits by $12.06 million, resulting in 8.13% 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 Centinel Bank of Taos 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. Centinel Bank of Taos has $178.59 million in assets with $17.78 million in equity, resulting in a capitalization level of 9.96%, which is average.

No reviews have been left for this bank yet. Be the first to review.