Citizens State Bank of New Castle, Indiana

Citizens State Bank of New Castle, Indiana is headquartered in New Castle and is the 53^rd largest bank in the state of Indiana. It is also the 2,434^th largest bank in the nation. It was established in 1873 and as of March of 2012, it had grown to 82 employees at 9 locations. Citizens State Bank of New Castle, Indiana has a 4-star health rating.

Data for Q1 2012

Institution Statistics Citizens State Bank of New Castle, Indiana FDIC Certificate # 13107 BankRate Report View Year Established 1873 Employees 82 Primary Regulator FDIC Assets and Liabilities Assets $265.08 million Loans $111.97 million Deposits $237.68 million Equity Capital $25.28 million Loan Loss Allowance $2.81 million Unbacked Noncurrent Loans $2.58 million Real Estate Owned $593,000 Historic Data - March 2011 Assets $255.15 million Equity Capital $24.17 million Loan Loss Allowance $4.05 million Unbacked Noncurrent Loans $5.50 million Real Estate Owned $575,000 Profit Margin - Quarterly Net Interest Margin 3.69% Return on Assets 0.69% Return on Equity 7.1% Interest Income $2.45 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 March 31, 2012 Citizens State Bank of New Castle, Indiana had $3.17 million in non-current loans and owned real-estate with $28.09 million in equity and loan loss allowances on hand to cover it. This gives Citizens State Bank of New Castle, Indiana a Texas Ratio of 11.28% 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 Citizens State Bank of New Castle, Indiana decreased significantly from 21.54% as of March 31, 2011 to 11.28% as of March 31, 2012, resulting in a positive change of 47.63%.This indicates that the balance sheet and financial strength for Citizens State Bank of New Castle, Indiana has improved significantly in recent periods. Deposit Growth In the past year, Citizens State Bank of New Castle, Indiana has increased its total deposits by $8.71 million, resulting in 3.8% 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 Citizens State Bank of New Castle, Indiana 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. Citizens State Bank of New Castle, Indiana has $265.08 million in assets with $28.09 million in equity, resulting in a capitalization level of 10.60%, which is above average.

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