Durand State Bank

Durand State Bank is headquartered in Durand and is the 372^nd largest bank in the state of Illinois. It is also the 5,305^th largest bank in the nation. It was established in 1957 and as of March of 2012, it had grown to 21 employees at 2 locations. Durand State Bank has a 3-star health rating.

Durand State Bank Routing Number: 071922764

Data for Q1 2012

Institution Statistics Durand State Bank FDIC Certificate # 17713 BankRate Report View Year Established 1957 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $86.73 million Loans $42.92 million Deposits $77.66 million Equity Capital $8.68 million Loan Loss Allowance $822,000 Unbacked Noncurrent Loans $2.95 million Real Estate Owned $279,000 Historic Data - March 2011 Assets $86.67 million Equity Capital $7.86 million Loan Loss Allowance $887,000 Unbacked Noncurrent Loans $1.29 million Real Estate Owned $148,000 Profit Margin - Quarterly Net Interest Margin 3.57% Return on Assets 0.73% Return on Equity 7.21% Interest Income $821,000

Institution Health Overall Score: 3 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 Durand State Bank had $3.23 million in non-current loans and owned real-estate with $9.5 million in equity and loan loss allowances on hand to cover it. This gives Durand State Bank a Texas Ratio of 34.00% 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 Durand State Bank increased slightly from 16.44% as of March 31, 2011 to 34.00% as of March 31, 2012, resulting in a negative change of 106.74%. This indicates that the balance sheet and financial strength for Durand State Bank has declined slightly in recent periods. Deposit Growth In the past year, Durand State Bank has decreased its total deposits by $-740,000, resulting in -0.94% 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 Durand State Bank has shown is 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. Durand State Bank has $86.73 million in assets with $9.5 million in equity, resulting in a capitalization level of 10.96%, which is above average.

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