First Avenue National Bank

First Avenue National Bank is headquartered in Ocala and is the 187^th largest bank in the state of Florida. It is also the 4,963^rd largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 16 employees at 3 locations. First Avenue National Bank's money market rates are 14% higher than the national average, and it has a 4-star health rating.

First Avenue National Bank Routing Number: 063116164

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Data for Q1 2012

Institution Statistics First Avenue National Bank FDIC Certificate # 58344 BankRate Report View Year Established 2006 Employees 16 Primary Regulator OCC Assets and Liabilities Assets $99.16 million Loans $63.33 million Deposits $83.76 million Equity Capital $12.58 million Loan Loss Allowance $2.14 million Unbacked Noncurrent Loans $2.87 million Real Estate Owned $214,000 Historic Data - March 2011 Assets $109.41 million Equity Capital $12.58 million Loan Loss Allowance $1.73 million Unbacked Noncurrent Loans $4.67 million Real Estate Owned $1.01 million Profit Margin - Quarterly Net Interest Margin 4.09% Return on Assets 0.2% Return on Equity 1.56% Interest Income $1.06 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 First Avenue National Bank had $3.08 million in non-current loans and owned real-estate with $14.71 million in equity and loan loss allowances on hand to cover it. This gives First Avenue National Bank a Texas Ratio of 20.95% 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 First Avenue National Bank decreased significantly from 39.73% as of March 31, 2011 to 20.95% as of March 31, 2012, resulting in a positive change of 47.27%.This indicates that the balance sheet and financial strength for First Avenue National Bank has improved significantly in recent periods. Deposit Growth In the past year, First Avenue National Bank has decreased its total deposits by -$7.3 million, resulting in -8.01% 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 First Avenue National 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. First Avenue National Bank has $99.16 million in assets with $14.71 million in equity, resulting in a capitalization level of 14.84%, which is excellent.

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