Federation Bank

Federation Bank is headquartered in Washington and is the 178^th largest bank in the state of Iowa. It is also the 4,741^st largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 30 employees at 4 locations. Federation Bank's savings rates are 4X the national average, and it has a 4-star health rating.

Federation Bank Routing Number: 073915672

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Data for Q1 2012

Institution Statistics Federation Bank FDIC Certificate # 14352 BankRate Report View Year Established 1906 Employees 30 Primary Regulator FDIC Assets and Liabilities Assets $108.87 million Loans $62.35 million Deposits $88.70 million Equity Capital $11.80 million Loan Loss Allowance $835,000 Unbacked Noncurrent Loans $1.05 million Real Estate Owned $297,000 Historic Data - March 2011 Assets $108.39 million Equity Capital $10.81 million Loan Loss Allowance $843,000 Unbacked Noncurrent Loans $1.09 million Real Estate Owned $434,000 Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 0.96% Return on Equity 8.89% Interest Income $1.15 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 Federation Bank had $1.35 million in non-current loans and owned real-estate with $12.63 million in equity and loan loss allowances on hand to cover it. This gives Federation Bank a Texas Ratio of 10.65% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Federation Bank decreased slightly from 13.04% as of March 31, 2011 to 10.65% as of March 31, 2012, resulting in a positive change of 18.27%.This indicates that the balance sheet and financial strength for Federation Bank has improved slightly in recent periods. Deposit Growth In the past year, Federation Bank has decreased its total deposits by -$1.27 million, resulting in -1.41% 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 Federation 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. Federation Bank has $108.87 million in assets with $12.63 million in equity, resulting in a capitalization level of 11.60%, which is above average.

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