Central Savings Bank

Central Savings Bank is headquartered in Sault Sainte Mar and is the 51^st largest bank in the state of Michigan. It is also the 2,612^st largest bank in the nation. It was established in 1902 and as of December of 2011, it had grown to 62 employees at 9 locations. Central Savings Bank has a 4-star health rating.

Data for Q4 2011

Institution Statistics Central Savings Bank FDIC Certificate # 1095 BankRate Report View Year Established 1902 Employees 62 Primary Regulator FED Assets and Liabilities Assets $243.58 million Loans $129.50 million Deposits $210.31 million Equity Capital $25.04 million Loan Loss Allowance $3.75 million Unbacked Noncurrent Loans $2.80 million Real Estate Owned $5.22 million Historic Data - December 2010 Assets $231.59 million Equity Capital $23.32 million Loan Loss Allowance $4.08 million Unbacked Noncurrent Loans $1.36 million Real Estate Owned $6.49 million Profit Margin - Quarterly Net Interest Margin 3.76% Return on Assets 0.8% Return on Equity 7.87% Interest Income $10.07 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 Central Savings Bank had $8.02 million in non-current loans and owned real-estate with $28.8 million in equity and loan loss allowances on hand to cover it. This gives Central Savings Bank a Texas Ratio of 27.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Central Savings Bank held steady from 28.63% as of December 31, 2010 to 27.87% as of December 31, 2011, resulting in a positive change of 2.67%.This indicates that the balance sheet and financial strength for Central Savings Bank has held steady in recent periods. Deposit Growth In the past year, Central Savings Bank has increased its total deposits by $10.17 million, resulting in 5.08% 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 Central Savings 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. Central Savings Bank has $243.58 million in assets with $28.8 million in equity, resulting in a capitalization level of 11.82%, which is above average.

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