First National Bank of America

First National Bank of America Locations

241 East Saginaw
East Lansing, MI 48823
(800) 968-3626
www.fnba.com

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First National Bank of America is headquartered in East Lansing and is the 17^st largest bank in the state of Michigan. It is also the 1,199^th largest bank in the nation. It was established in 1955 and as of March of 2012, it had grown to 178 employees at 3 locations. First National Bank of America has a 4-star health rating.

First National Bank of America Routing Number: 072412435

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See Rates for: Savings | Money Market | CD | IRA

First National Bank of America Savings Account Rates

	Apy	Min	Max	Product
	0.25%^†	$100	-	Statement Savings

First National Bank of America Money Market Rates

	Apy	Min	Max	Product
	0.55%^†	$100k	-	HomeTowne Money Market Checking

First National Bank of America CD Rates

Apy	Min	Max	Product
2.15%^†	$1k	-	84 Month Time CD
1.85%^†	$1k	-	60 Month Time CD
1.85%	$25k	-	60 Month Time CD
1.80%^†	$1k	-	60 Month Flex Time CD
1.50%^†	$1k	-	48-59 Month Time CD
1.50%	$25k	-	48-59 Month Time CD
1.40%^†	$1k	-	48 Month Flex Time CD
1.25%^†	$1k	-	36-47 Month Time CD
1.25%	$25k	-	36-47 Month Time CD
1.15%^†	$1k	-	36 Month Flex Time CD
0.80%^†	$1k	-	24-35 Month Time CD
0.80%	$25k	-	24-35 Month Time CD
0.50%^†	$1k	-	12-23 Month Time CD
0.50%	$25k	-	12-23 Month Time CD

First National Bank of America IRA Rates

Apy	Min	Max	Product
1.85%^†	$1k	-	60 Month IRA Time CD
1.85%	$25k	-	60 Month IRA Time CD
1.85%^†	$1k	-	60 Month Roth IRA Time CD
1.85%	$25k	-	60 Month Roth IRA Time CD
1.80%^†	$1k	-	60 Month Flex IRA Time CD
1.80%^†	$1k	-	60 Month Flex Roth IRA Time CD
1.50%^†	$1k	-	48-59 Month IRA Time CD
1.50%	$25k	-	48-59 Month IRA Time CD
1.50%^†	$1k	-	48-59 Month Roth IRA Time CD
1.50%	$25k	-	48-59 Month Roth IRA Time CD
1.40%^†	$1k	-	48 Month Flex IRA Time CD
1.40%^†	$1k	-	48 Month Flex Roth IRA Time CD
1.25%^†	$1k	-	36-47 Month IRA Time CD
1.25%	$25k	-	36-47 Month IRA Time CD
1.25%^†	$1k	-	36-47 Month Roth IRA Time CD
1.25%	$25k	-	36-47 Month Roth IRA Time CD
1.15%^†	$1k	-	36 Month Flex IRA Time CD
1.15%^†	$1k	-	36 Month Flex Roth IRA Time CD
0.80%^†	$1k	-	24-35 Month IRA Time CD
0.80%	$25k	-	24-35 Month IRA Time CD
0.80%^†	$1k	-	24-35 Month Roth IRA Time CD
0.80%	$25k	-	24-35 Month Roth IRA Time CD
0.50%^†	$1k	-	12-23 Month IRA Time CD
0.50%	$25k	-	12-23 Month IRA Time CD
0.50%^†	$1k	-	12-23 Month Roth IRA Time CD
0.50%	$25k	-	12-23 Month Roth IRA Time CD

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

First National Bank of America
FDIC Certificate #	17438
BankRate Report	View
Year Established	1955
Employees	178
Primary Regulator	OCC
Assets and Liabilities
Assets	$563.46 million
Loans	$409.20 million
Deposits	$473.73 million
Equity Capital	$69.30 million
Loan Loss Allowance	$10.26 million
Unbacked Noncurrent Loans	$28.72 million
Real Estate Owned	$7.98 million
Historic Data - March 2011
Assets	$475.43 million
Equity Capital	$72.52 million
Loan Loss Allowance	$10.90 million
Unbacked Noncurrent Loans	$26.61 million
Real Estate Owned	$9.71 million
Profit Margin - Quarterly
Net Interest Margin	6.22%
Return on Assets	1.24%
Return on Equity	10.3%
Interest Income	$11.16 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 of America had $36.7 million in non-current loans and owned real-estate with $79.57 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of America a Texas Ratio of 46.13% 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 National Bank of America held steady from 43.54% as of March 31, 2011 to 46.13% as of March 31, 2012, resulting in a negative change of 5.94%. This indicates that the balance sheet and financial strength for First National Bank of America has held steady in recent periods.
Deposit Growth
In the past year, First National Bank of America has increased its total deposits by $117.44 million, resulting in 32.96% 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 of America has shown is excellent.
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 of America has $563.46 million in assets with $79.57 million in equity, resulting in a capitalization level of 14.12%, which is excellent.

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