Empire National Bank

Empire National Bank is headquartered in Islandia and is the 99^th largest bank in the state of New York. It is also the 1,711^st largest bank in the nation. It was established in 2008 and as of March of 2012, it had grown to 54 employees at 3 locations. Empire National Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Empire National Bank FDIC Certificate # 58632 BankRate Report View Year Established 2008 Employees 54 Primary Regulator OCC Assets and Liabilities Assets $389.57 million Loans $216.28 million Deposits $347.77 million Equity Capital $38.29 million Loan Loss Allowance $4.22 million Unbacked Noncurrent Loans $2.20 million Historic Data - March 2011 Assets $329.87 million Equity Capital $30.55 million Loan Loss Allowance $4.22 million Unbacked Noncurrent Loans $2.25 million Profit Margin - Quarterly Net Interest Margin 3.67% Return on Assets 0.39% Return on Equity 3.77% Interest Income $3.85 million

Institution Health Overall Score: 5 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 Empire National Bank had $2.2 million in non-current loans and owned real-estate with $42.51 million in equity and loan loss allowances on hand to cover it. This gives Empire National Bank a Texas Ratio of 5.18% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Empire National Bank decreased slightly from 6.47% as of March 31, 2011 to 5.18% as of March 31, 2012, resulting in a positive change of 19.99%.This indicates that the balance sheet and financial strength for Empire National Bank has improved slightly in recent periods. Deposit Growth In the past year, Empire National Bank has increased its total deposits by $85.78 million, resulting in 32.74% 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 Empire National Bank has shown is excellent. 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. Empire National Bank has $389.57 million in assets with $42.51 million in equity, resulting in a capitalization level of 10.91%, which is above average.

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