First East Side Savings Bank

First East Side Savings Bank is headquartered in Tamarac and is the 219^st largest bank in the state of Florida. It is also the 5,718^st largest bank in the nation. It was established in 1920 and as of September of 2011, it had grown to 12 employees at 1 location. First East Side Savings Bank has a 1-star health rating.

First East Side Savings Bank Routing Number: 067092501

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Data for Q3 2011

Institution Statistics First East Side Savings Bank OTS # 17932 FDIC Certificate # 28144 BankRate Report View Year Established 1920 Employees 12 Primary Regulator OCC Assets and Liabilities Assets $72.83 million Loans $41.16 million Deposits $68.62 million Equity Capital $3.95 million Loan Loss Allowance $692,000 Unbacked Noncurrent Loans $4.12 million Real Estate Owned $2.39 million Historic Data - September 2010 Assets $88.46 million Equity Capital $8.58 million Loan Loss Allowance $949,000 Unbacked Noncurrent Loans $11.50 million Real Estate Owned $3.75 million Profit Margin - Quarterly Net Interest Margin 2.57% Return on Assets -3.83% Return on Equity -61.19% Interest Income $2.08 million

Institution Health Overall Score: 1 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 September 30, 2011 First East Side Savings Bank had $6.51 million in non-current loans and owned real-estate with $4.64 million in equity and loan loss allowances on hand to cover it. This gives First East Side Savings Bank a Texas Ratio of 140.30% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First East Side Savings Bank held steady from 160.10% as of September 30, 2010 to 140.30% as of September 30, 2011, resulting in a positive change of 12.37%.This indicates that the balance sheet and financial strength for First East Side Savings Bank has held steady in recent periods. Deposit Growth In the past year, First East Side Savings Bank has decreased its total deposits by -$10.93 million, resulting in -13.74% 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 East Side Savings 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 East Side Savings Bank has $72.83 million in assets with $4.64 million in equity, resulting in a capitalization level of 6.37%, which is below average.

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