First Bank of Berne

First Bank of Berne is headquartered in Berne and is the 30^th largest bank in the state of Indiana. It is also the 1,519^st largest bank in the nation. It was established in 1891 and as of December of 2011, it had grown to 105 employees at 8 locations. First Bank of Berne has a 5-star health rating.

Data for Q4 2011

Institution Statistics First Bank of Berne FDIC Certificate # 9288 BankRate Report View Year Established 1891 Employees 105 Primary Regulator FED Assets and Liabilities Assets $434.48 million Loans $325.47 million Deposits $319.20 million Equity Capital $45.18 million Loan Loss Allowance $4.78 million Unbacked Noncurrent Loans $1.37 million Real Estate Owned $118,000 Historic Data - December 2010 Assets $425.77 million Equity Capital $41.18 million Loan Loss Allowance $4.76 million Unbacked Noncurrent Loans $1.95 million Real Estate Owned $42,000 Profit Margin - Quarterly Net Interest Margin 4.1% Return on Assets 2.44% Return on Equity 24.11% Interest Income $20.35 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 December 31, 2011 First Bank of Berne had $1.49 million in non-current loans and owned real-estate with $49.95 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Berne a Texas Ratio of 2.98% 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 First Bank of Berne decreased slightly from 4.33% as of December 31, 2010 to 2.98% as of December 31, 2011, resulting in a positive change of 31.03%.This indicates that the balance sheet and financial strength for First Bank of Berne has improved slightly in recent periods. Deposit Growth In the past year, First Bank of Berne has increased its total deposits by $13.56 million, resulting in 4.44% 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 Bank of Berne has shown is above 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. First Bank of Berne has $434.48 million in assets with $49.95 million in equity, resulting in a capitalization level of 11.50%, which is above average.

No reviews have been left for this bank yet. Be the first to review.