Commonwealth National Bank

Commonwealth National Bank is headquartered in Mobile and is the 121^st largest bank in the state of Alabama. It is also the 5,831^st largest bank in the nation. It was established in 1976 and as of March of 2012, it had grown to 29 employees at 4 locations. Commonwealth National Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics Commonwealth National Bank FDIC Certificate # 22229 BankRate Report View Year Established 1976 Employees 29 Primary Regulator OCC Assets and Liabilities Assets $68.05 million Loans $29.49 million Deposits $62.06 million Equity Capital $5.70 million Loan Loss Allowance $560,000 Unbacked Noncurrent Loans $1.59 million Real Estate Owned $759,000 Historic Data - March 2011 Assets $64.54 million Equity Capital $5.48 million Loan Loss Allowance $458,000 Unbacked Noncurrent Loans $839,000 Real Estate Owned $1.52 million Profit Margin - Quarterly Net Interest Margin 4.88% Return on Assets -0.27% Return on Equity -3.16% Interest Income $747,000

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 Commonwealth National Bank had $2.34 million in non-current loans and owned real-estate with $6.26 million in equity and loan loss allowances on hand to cover it. This gives Commonwealth National Bank a Texas Ratio of 37.43% 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 Commonwealth National Bank held steady from 39.69% as of March 31, 2011 to 37.43% as of March 31, 2012, resulting in a positive change of 5.71%.This indicates that the balance sheet and financial strength for Commonwealth National Bank has held steady in recent periods. Deposit Growth In the past year, Commonwealth National Bank has increased its total deposits by $3.4 million, resulting in 5.8% 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 Commonwealth National 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. Commonwealth National Bank has $68.05 million in assets with $6.26 million in equity, resulting in a capitalization level of 9.20%, which is average.

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