Institution Statistics
| Conneaut Savings Bank | | FDIC Certificate # | 28677 | | BankRate Report | View | | Year Established | 1888 | | Employees | 24 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $84.84 million | | Loans | $56.61 million | | Deposits | $72.49 million | | Equity Capital | $7.15 million | | Loan Loss Allowance | $291,000 | | Unbacked Noncurrent Loans | $609,000 | | Real Estate Owned | $450,000 |
Historic Data - March 2011 | | Assets | $84.15 million | | Equity Capital | $6.84 million | | Loan Loss Allowance | $288,000 | | Unbacked Noncurrent Loans | $1.10 million | | Real Estate Owned | $166,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.2% | | Return on Assets | 0.37% | | Return on Equity | 4.42% | | Interest Income | $830,000 |
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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 Conneaut Savings Bank had $1.06 million in non-current loans and owned real-estate with $7.44 million in equity and loan loss allowances on hand to cover it. This gives Conneaut Savings Bank a Texas Ratio of 14.24% 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 Conneaut Savings Bank decreased slightly from 17.70% as of March 31, 2011 to 14.24% as of March 31, 2012, resulting in a positive change of 19.58%.This indicates that the balance sheet and financial strength for Conneaut Savings Bank has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Conneaut Savings Bank has increased its total deposits by $1.01 million, resulting in 1.42% 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 Conneaut Savings Bank 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. Conneaut Savings Bank has $84.84 million in assets with $7.44 million in equity, resulting in a capitalization level of 8.77%, which is average. |
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