Coconut Grove Bank

Coconut Grove Bank is headquartered in Miami and is the 39^th largest bank in the state of Florida. It is also the 1,077^th largest bank in the nation. It was established in 1926 and as of March of 2012, it had grown to 99 employees at 5 locations. Coconut Grove Bank has a 4-star health rating.

Coconut Grove Bank Routing Number: 066004600

Data for Q1 2012

Institution Statistics Coconut Grove Bank FDIC Certificate # 8018 BankRate Report View Year Established 1926 Employees 99 Primary Regulator FED Assets and Liabilities Assets $619.69 million Loans $257.86 million Deposits $461.19 million Equity Capital $76.24 million Loan Loss Allowance $11.63 million Unbacked Noncurrent Loans $13.49 million Real Estate Owned $3.44 million Historic Data - March 2011 Assets $615.28 million Equity Capital $65.09 million Loan Loss Allowance $14.01 million Unbacked Noncurrent Loans $26.36 million Real Estate Owned $2.45 million Profit Margin - Quarterly Net Interest Margin 2.56% Return on Assets 0.17% Return on Equity 1.39% Interest Income $5.05 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 Coconut Grove Bank had $16.93 million in non-current loans and owned real-estate with $87.87 million in equity and loan loss allowances on hand to cover it. This gives Coconut Grove Bank a Texas Ratio of 19.26% 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 Coconut Grove Bank decreased significantly from 36.42% as of March 31, 2011 to 19.26% as of March 31, 2012, resulting in a positive change of 47.11%.This indicates that the balance sheet and financial strength for Coconut Grove Bank has improved significantly in recent periods. Deposit Growth In the past year, Coconut Grove Bank has decreased its total deposits by -$4.62 million, resulting in -0.99% 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 Coconut Grove Bank has shown is 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. Coconut Grove Bank has $619.69 million in assets with $87.87 million in equity, resulting in a capitalization level of 14.18%, which is excellent.

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