First Exchange Bank

First Exchange Bank is headquartered in Mannington and is the 29^th largest bank in the state of West Virginia. It is also the 3,052^nd largest bank in the nation. It was established in 1932 and as of March of 2012, it had grown to 67 employees at 6 locations. First Exchange Bank has a 3-star health rating.

First Exchange Bank Routing Number: 051501354

First Exchange Bank CD Rates

Data for Q1 2012

Institution Statistics First Exchange Bank FDIC Certificate # 13020 BankRate Report View Year Established 1932 Employees 67 Primary Regulator FDIC Assets and Liabilities Assets $205.48 million Loans $159.49 million Deposits $187.08 million Equity Capital $16.82 million Loan Loss Allowance $3.09 million Unbacked Noncurrent Loans $4.65 million Real Estate Owned $2.17 million Historic Data - March 2011 Assets $204.29 million Equity Capital $16.49 million Loan Loss Allowance $2.11 million Unbacked Noncurrent Loans $4.56 million Real Estate Owned $2.10 million Profit Margin - Quarterly Net Interest Margin 3.94% Return on Assets -0.47% Return on Equity -5.63% Interest Income $2.48 million

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 Exchange Bank had $6.81 million in non-current loans and owned real-estate with $19.91 million in equity and loan loss allowances on hand to cover it. This gives First Exchange Bank a Texas Ratio of 34.21% 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 Exchange Bank held steady from 35.83% as of March 31, 2011 to 34.21% as of March 31, 2012, resulting in a positive change of 4.52%.This indicates that the balance sheet and financial strength for First Exchange Bank has held steady in recent periods. Deposit Growth In the past year, First Exchange Bank has increased its total deposits by $2.59 million, resulting in 1.41% 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 Exchange Bank 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 Exchange Bank has $205.48 million in assets with $19.91 million in equity, resulting in a capitalization level of 9.69%, which is average.

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