Institution Statistics
| Damariscotta Bank & Trust Co. | | FDIC Certificate # | 20931 | | BankRate Report | View | | Year Established | 1973 | | Employees | 57 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $161.77 million | | Loans | $110.17 million | | Deposits | $143.52 million | | Equity Capital | $16.14 million | | Loan Loss Allowance | $1.39 million | | Unbacked Noncurrent Loans | $3.18 million | | Real Estate Owned | $1.85 million |
Historic Data - March 2011 | | Assets | $159.38 million | | Equity Capital | $15.98 million | | Loan Loss Allowance | $1.33 million | | Unbacked Noncurrent Loans | $3.33 million | | Real Estate Owned | $1.02 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.47% | | Return on Assets | 0.28% | | Return on Equity | 2.76% | | Interest Income | $1.54 million |
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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 Damariscotta Bank & Trust Co. had $5.03 million in non-current loans and owned real-estate with $17.53 million in equity and loan loss allowances on hand to cover it. This gives Damariscotta Bank & Trust Co. a Texas Ratio of 28.70% 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 Damariscotta Bank & Trust Co. held steady from 25.10% as of March 31, 2011 to 28.70% as of March 31, 2012, resulting in a negative change of 14.32%. This indicates that the balance sheet and financial strength for Damariscotta Bank & Trust Co. has held steady in recent periods. | | Deposit Growth |  | | In the past year, Damariscotta Bank & Trust Co. has increased its total deposits by $2.23 million, resulting in 1.58% 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 Damariscotta Bank & Trust Co. 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. Damariscotta Bank & Trust Co. has $161.77 million in assets with $17.53 million in equity, resulting in a capitalization level of 10.84%, which is above average. |
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