Institution Statistics
| Devon Bank | | FDIC Certificate # | 16249 | | BankRate Report | View | | Year Established | 1945 | | Employees | 90 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $261.84 million | | Loans | $149.43 million | | Deposits | $239.01 million | | Equity Capital | $18.52 million | | Loan Loss Allowance | $8.06 million | | Unbacked Noncurrent Loans | $15.99 million | | Real Estate Owned | $3.41 million |
Historic Data - March 2011 | | Assets | $281.46 million | | Equity Capital | $23.99 million | | Loan Loss Allowance | $8.75 million | | Unbacked Noncurrent Loans | $20.92 million | | Real Estate Owned | $3.65 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.53% | | Return on Assets | -0.8% | | Return on Equity | -11.27% | | Interest Income | $2.34 million |
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Institution Health
Overall Score:
2 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 Devon Bank had $19.4 million in non-current loans and owned real-estate with $26.58 million in equity and loan loss allowances on hand to cover it. This gives Devon Bank a Texas Ratio of 73.00% 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 Devon Bank held steady from 75.05% as of March 31, 2011 to 73.00% as of March 31, 2012, resulting in a positive change of 2.74%.This indicates that the balance sheet and financial strength for Devon Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Devon Bank has decreased its total deposits by -$14 million, resulting in -5.53% 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 Devon Bank has shown is poor. | | 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. Devon Bank has $261.84 million in assets with $26.58 million in equity, resulting in a capitalization level of 10.15%, which is above average. |
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