First Bank of Pike

First Bank of Pike is headquartered in Molena and is the 225^th largest bank in the state of Georgia. It is also the 6,687^th largest bank in the nation. It was established in 1899 and as of March of 2012, it had grown to 16 employees at 3 locations. First Bank of Pike has a 3-star health rating.

First Bank of Pike Routing Number: 061106655

Data for Q1 2012

Institution Statistics First Bank of Pike FDIC Certificate # 9070 BankRate Report View Year Established 1899 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $39.84 million Loans $24.80 million Deposits $35.27 million Equity Capital $4.50 million Loan Loss Allowance $235,000 Unbacked Noncurrent Loans $698,000 Real Estate Owned $1.36 million Historic Data - March 2011 Assets $38.47 million Equity Capital $4.43 million Loan Loss Allowance $275,000 Unbacked Noncurrent Loans $672,000 Real Estate Owned $1.31 million Profit Margin - Quarterly Net Interest Margin 5.27% Return on Assets 0.35% Return on Equity 3.31% Interest Income $503,000

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 First Bank of Pike had $2.06 million in non-current loans and owned real-estate with $4.73 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Pike a Texas Ratio of 43.46% which is below 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 Pike held steady from 42.16% as of March 31, 2011 to 43.46% as of March 31, 2012, resulting in a negative change of 3.09%. This indicates that the balance sheet and financial strength for First Bank of Pike has held steady in recent periods. Deposit Growth In the past year, First Bank of Pike has increased its total deposits by $1.35 million, resulting in 3.97% 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 Pike 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 Pike has $39.84 million in assets with $4.73 million in equity, resulting in a capitalization level of 11.87%, which is above average.

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