First Bank of Manhattan

First Bank of Manhattan is headquartered in Manhattan and is the 285^th largest bank in the state of Illinois. It is also the 4,119^st largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 38 employees at 3 locations. First Bank of Manhattan has a 4-star health rating.

Data for Q1 2012

Institution Statistics First Bank of Manhattan FDIC Certificate # 3702 BankRate Report View Year Established 1907 Employees 38 Primary Regulator FED Assets and Liabilities Assets $136.05 million Loans $63.72 million Deposits $121.20 million Equity Capital $14.50 million Loan Loss Allowance $2.16 million Unbacked Noncurrent Loans $2.82 million Real Estate Owned $1.98 million Historic Data - March 2011 Assets $134.42 million Equity Capital $14.32 million Loan Loss Allowance $1.67 million Unbacked Noncurrent Loans $5.44 million Real Estate Owned $655,000 Profit Margin - Quarterly Net Interest Margin 3.68% Return on Assets 0.41% Return on Equity 3.84% Interest Income $1.20 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 Bank of Manhattan had $4.79 million in non-current loans and owned real-estate with $16.66 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Manhattan a Texas Ratio of 28.78% 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 Bank of Manhattan decreased slightly from 38.09% as of March 31, 2011 to 28.78% as of March 31, 2012, resulting in a positive change of 24.45%.This indicates that the balance sheet and financial strength for First Bank of Manhattan has improved slightly in recent periods. Deposit Growth In the past year, First Bank of Manhattan has increased its total deposits by $1.84 million, resulting in 1.54% 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 Manhattan 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 Manhattan has $136.05 million in assets with $16.66 million in equity, resulting in a capitalization level of 12.24%, which is excellent.

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