First National Bank (IN)

First National Bank (IN) is headquartered in Cloverdale and is the 58^th largest bank in the state of Indiana. It is also the 2,629^th largest bank in the nation. It was established in 1913 and as of March of 2012, it had grown to 73 employees at 7 locations. First National Bank (IN) has a 4-star health rating.

Data for Q1 2012

Institution Statistics First National Bank FDIC Certificate # 4324 BankRate Report View Year Established 1913 Employees 73 Primary Regulator OCC Assets and Liabilities Assets $244.72 million Loans $150.33 million Deposits $220.90 million Equity Capital $22.46 million Loan Loss Allowance $3.50 million Unbacked Noncurrent Loans $3.36 million Historic Data - March 2011 Assets $234.17 million Equity Capital $21.46 million Loan Loss Allowance $3.45 million Unbacked Noncurrent Loans $3.41 million Real Estate Owned $335,000 Profit Margin - Quarterly Net Interest Margin 3.23% Return on Assets 0.48% Return on Equity 5.25% Interest Income $2.23 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 National Bank (IN) had $3.36 million in non-current loans and owned real-estate with $25.97 million in equity and loan loss allowances on hand to cover it. This gives First National Bank (IN) a Texas Ratio of 12.92% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First National Bank (IN) held steady from 14.97% as of March 31, 2011 to 12.92% as of March 31, 2012, resulting in a positive change of 13.70%.This indicates that the balance sheet and financial strength for First National Bank (IN) has held steady in recent periods. Deposit Growth In the past year, First National Bank (IN) has increased its total deposits by $9.46 million, resulting in 4.47% 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 National Bank (IN) 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 National Bank (IN) has $244.72 million in assets with $25.97 million in equity, resulting in a capitalization level of 10.61%, which is above average.

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