Choice Financial Savings Bank

Choice Financial Savings Bank is headquartered in Comfrey and is the 382^nd largest bank in the state of Minnesota. It is also the 7,233^rd largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 4 employees at 1 location. Choice Financial Savings Bank has a 3-star health rating.

Choice Financial Savings Bank Routing Number: 091209632

Data for Q1 2012

Institution Statistics Choice Financial Savings Bank OTS # 18002 FDIC Certificate # 12197 BankRate Report View Year Established 1908 Employees 4 Primary Regulator OCC Assets and Liabilities Assets $15.30 million Loans $6.69 million Deposits $13.22 million Equity Capital $2.03 million Loan Loss Allowance $135,000 Unbacked Noncurrent Loans $335,000 Historic Data - March 2011 Assets $15.77 million Equity Capital $1.89 million Loan Loss Allowance $157,000 Unbacked Noncurrent Loans $3,000 Profit Margin - Quarterly Net Interest Margin 3.66% Return on Assets 0.18% Return on Equity 1.38% Interest Income $143,000

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 Choice Financial Savings Bank had $335,000 in non-current loans and owned real-estate with $2.16 million in equity and loan loss allowances on hand to cover it. This gives Choice Financial Savings Bank a Texas Ratio of 15.49% 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 Choice Financial Savings Bank increased slightly from 0.15% as of March 31, 2011 to 15.49% as of March 31, 2012, resulting in a negative change of 10,457.20%. This indicates that the balance sheet and financial strength for Choice Financial Savings Bank has declined slightly in recent periods. Deposit Growth In the past year, Choice Financial Savings Bank has decreased its total deposits by $-603,000, resulting in -4.36% 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 Choice Financial Savings Bank has shown is below 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. Choice Financial Savings Bank has $15.3 million in assets with $2.16 million in equity, resulting in a capitalization level of 14.13%, which is excellent.

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