Charlotte State Bank

Charlotte State Bank is headquartered in Port Charlotte and is the 92^nd largest bank in the state of Florida. It is also the 2,485^th largest bank in the nation. It was established in 1987 and as of March of 2012, it had grown to 81 employees at 5 locations. Charlotte State Bank has a 3-star health rating.

Charlotte State Bank Routing Number: 067013179

Data for Q1 2012

Institution Statistics Charlotte State Bank & Trust FDIC Certificate # 27086 BankRate Report View Year Established 1987 Employees 81 Primary Regulator FDIC Assets and Liabilities Assets $259.48 million Loans $146.21 million Deposits $234.19 million Equity Capital $21.68 million Loan Loss Allowance $5.36 million Unbacked Noncurrent Loans $7.23 million Real Estate Owned $2.32 million Historic Data - March 2011 Assets $247.70 million Equity Capital $19.36 million Loan Loss Allowance $5.53 million Unbacked Noncurrent Loans $7.97 million Real Estate Owned $1.14 million Profit Margin - Quarterly Net Interest Margin 3.95% Return on Assets 0.96% Return on Equity 11.32% Interest Income $2.50 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 March 31, 2012 Charlotte State Bank had $9.55 million in non-current loans and owned real-estate with $27.04 million in equity and loan loss allowances on hand to cover it. This gives Charlotte State Bank a Texas Ratio of 35.31% 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 Charlotte State Bank held steady from 36.60% as of March 31, 2011 to 35.31% as of March 31, 2012, resulting in a positive change of 3.54%.This indicates that the balance sheet and financial strength for Charlotte State Bank has held steady in recent periods. Deposit Growth In the past year, Charlotte State Bank has increased its total deposits by $9.46 million, resulting in 4.21% 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 Charlotte State Bank has shown is above 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. Charlotte State Bank has $259.48 million in assets with $27.04 million in equity, resulting in a capitalization level of 10.42%, which is above average.

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