Fairfax State Savings Bank

Fairfax State Savings Bank is headquartered in Fairfax and is the 133^rd largest bank in the state of Iowa. It is also the 3,950^th largest bank in the nation. It was established in 1924 and as of March of 2012, it had grown to 44 employees at 1 location. Fairfax State Savings Bank's savings rates are 3X the national average, and it has a 3-star health rating.

Fairfax State Savings Bank Routing Number: 073913195

Fairfax State Savings Bank Checking Account Rates

Fairfax State Savings Bank Savings Account Rates

Fairfax State Savings Bank Money Market Rates

Fairfax State Savings Bank CD Rates

Data for Q1 2012

Institution Statistics Fairfax State Savings Bank FDIC Certificate # 8083 BankRate Report View Year Established 1924 Employees 44 Primary Regulator FDIC Assets and Liabilities Assets $145.92 million Loans $50.55 million Deposits $128.35 million Equity Capital $16.23 million Loan Loss Allowance $940,000 Unbacked Noncurrent Loans $3.55 million Real Estate Owned $761,000 Historic Data - March 2011 Assets $145.18 million Equity Capital $14.56 million Loan Loss Allowance $1.39 million Unbacked Noncurrent Loans $1.55 million Real Estate Owned $833,000 Profit Margin - Quarterly Net Interest Margin 3.13% Return on Assets 0.06% Return on Equity 0.55% Interest Income $1.41 million

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 Fairfax State Savings Bank had $4.31 million in non-current loans and owned real-estate with $17.17 million in equity and loan loss allowances on hand to cover it. This gives Fairfax State Savings Bank a Texas Ratio of 25.11% 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 Fairfax State Savings Bank increased slightly from 14.17% as of March 31, 2011 to 25.11% as of March 31, 2012, resulting in a negative change of 77.25%. This indicates that the balance sheet and financial strength for Fairfax State Savings Bank has declined slightly in recent periods. Deposit Growth In the past year, Fairfax State Savings Bank has decreased its total deposits by -$2.02 million, resulting in -1.55% 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 Fairfax State Savings Bank has shown is below 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. Fairfax State Savings Bank has $145.92 million in assets with $17.17 million in equity, resulting in a capitalization level of 11.77%, which is above average.

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