Denmark State Bank

103 Main Street
Denmark, WI 54208
(920) 863-2161
www.denmarkstate.com

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Denmark State Bank is headquartered in Denmark and is the 50^th largest bank in the state of Wisconsin. It is also the 1,710^st largest bank in the nation. It was established in 1909 and as of March of 2012, it had grown to 82 employees at 6 locations. Denmark State Bank's money market rates are 48% higher than the national average, and it has a 4-star health rating.

Denmark State Bank Routing Number: 075905033

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See Rates for: Checking | Savings | Money Market | CD | IRA

Denmark State Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	$1k	-	Advantage Checking
0.10%	-	-	NOW Checking
0.10%	-	-	Insure Now Checking

Denmark State Bank Savings Account Rates

Apy	Min	Max	Product
0.65%	$10k	-	Health Savings Account (HSA)
0.15%	$200	-	Regular Savings
0.15%	-	-	Holiday Club

Denmark State Bank Money Market Rates

Apy	Min	Max	Product
0.65%	$10k	-	Money Market Account
0.65%	$100	-	Money Market IRA Account

Denmark State Bank CD Rates

Apy	Min	Max	Product
1.50%	$500	-	5 Year CD
1.25%	$5k	-	38 Month Special CD
1.25%	$500	-	4 Year CD
1.00%	$5k	-	28 Month Special CD
1.00%	$500	-	3 Year CD
0.65%	$500	-	2 Year CD
0.50%	$500	-	18 Month CD
0.45%	$500	-	15 Month CD
0.40%	$500	-	12 Month CD
0.30%	$500	-	9 Month CD
0.20%	$2,500	-	182 - 364 Day CD
0.15%	$2,500	-	7 - 89 Day CD
0.15%	$2,500	-	90 - 181 Day CD

Denmark State Bank IRA Rates

Apy	Min	Max	Product
1.50%	$500	-	5 Year IRA
1.25%	$500	-	4 Year IRA
1.00%	$500	-	3 Year IRA
0.65%	$500	-	2 Year IRA
0.50%	$500	-	18 Month IRA
0.45%	$500	-	15 Month IRA
0.40%	$500	-	12 Month IRA
0.30%	$500	-	9 Month IRA
0.20%	$2,500	-	6 Month IRA

Rates updated: 5/24/2012

Data for Q1 2012

Institution Statistics

Denmark State Bank
FDIC Certificate #	13240
BankRate Report	View
Year Established	1909
Employees	82
Primary Regulator	FDIC
Assets and Liabilities
Assets	$389.63 million
Loans	$270.17 million
Deposits	$325.90 million
Equity Capital	$41.02 million
Loan Loss Allowance	$6.07 million
Unbacked Noncurrent Loans	$9.06 million
Real Estate Owned	$632,000
Historic Data - March 2011
Assets	$378.30 million
Equity Capital	$39.49 million
Loan Loss Allowance	$6.18 million
Unbacked Noncurrent Loans	$7.85 million
Real Estate Owned	$374,000
Profit Margin - Quarterly
Net Interest Margin	3.38%
Return on Assets	0.71%
Return on Equity	6.81%
Interest Income	$3.95 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 Denmark State Bank had $9.69 million in non-current loans and owned real-estate with $47.09 million in equity and loan loss allowances on hand to cover it. This gives Denmark State Bank a Texas Ratio of 20.58% 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 Denmark State Bank held steady from 18.01% as of March 31, 2011 to 20.58% as of March 31, 2012, resulting in a negative change of 14.23%. This indicates that the balance sheet and financial strength for Denmark State Bank has held steady in recent periods.
Deposit Growth
In the past year, Denmark State Bank has increased its total deposits by $12.11 million, resulting in 3.86% 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 Denmark State 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. Denmark State Bank has $389.63 million in assets with $47.09 million in equity, resulting in a capitalization level of 12.09%, which is excellent.

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