Community Bank, Destin

Community Bank, Destin is headquartered in Miramar Beach and is the 193^rd largest bank in the state of Florida. It is also the 5,300^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 21 employees at 1 location. Community Bank, Destin has a 5-star health rating.

Data for Q1 2012

Institution Statistics Community Bank, Destin FDIC Certificate # 58468 BankRate Report View Year Established 2007 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $87.05 million Loans $61.68 million Deposits $77.24 million Equity Capital $9.36 million Loan Loss Allowance $767,000 Real Estate Owned $788,000 Historic Data - March 2011 Assets $80.26 million Equity Capital $8.81 million Loan Loss Allowance $650,000 Real Estate Owned $1.08 million Profit Margin - Quarterly Net Interest Margin 4.37% Return on Assets 0.31% Return on Equity 2.83% Interest Income $966,000

Institution Health Overall Score: 5 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 Community Bank, Destin had $788,000 in non-current loans and owned real-estate with $10.13 million in equity and loan loss allowances on hand to cover it. This gives Community Bank, Destin a Texas Ratio of 7.78% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Community Bank, Destin decreased slightly from 11.37% as of March 31, 2011 to 7.78% as of March 31, 2012, resulting in a positive change of 31.59%.This indicates that the balance sheet and financial strength for Community Bank, Destin has improved slightly in recent periods. Deposit Growth In the past year, Community Bank, Destin has increased its total deposits by $6.23 million, resulting in 8.78% 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 Community Bank, Destin 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. Community Bank, Destin has $87.05 million in assets with $10.13 million in equity, resulting in a capitalization level of 11.64%, which is above average.

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