First National Bank of Crystal Falls

First National Bank of Crystal Falls is headquartered in Crystal Falls and is the 109^th largest bank in the state of Michigan. It is also the 5,729^th largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 23 employees at 3 locations. First National Bank of Crystal Falls has a 4-star health rating.

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Data for Q1 2012

Institution Statistics First National Bank of Crystal Falls FDIC Certificate # 14775 BankRate Report View Year Established 1934 Employees 23 Primary Regulator OCC Assets and Liabilities Assets $71.55 million Loans $34.38 million Deposits $61.84 million Equity Capital $9.16 million Loan Loss Allowance $499,000 Unbacked Noncurrent Loans $992,000 Real Estate Owned $694,000 Historic Data - March 2011 Assets $67.81 million Equity Capital $9.07 million Loan Loss Allowance $507,000 Unbacked Noncurrent Loans $242,000 Real Estate Owned $809,000 Profit Margin - Quarterly Net Interest Margin 3.13% Return on Assets 0.49% Return on Equity 3.82% Interest Income $597,000

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 Crystal Falls had $1.69 million in non-current loans and owned real-estate with $9.66 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Crystal Falls a Texas Ratio of 17.46% which is 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 Crystal Falls increased slightly from 10.98% as of March 31, 2011 to 17.46% as of March 31, 2012, resulting in a negative change of 59.02%. This indicates that the balance sheet and financial strength for First National Bank of Crystal Falls has declined slightly in recent periods. Deposit Growth In the past year, First National Bank of Crystal Falls has increased its total deposits by $3.66 million, resulting in 6.3% 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 Crystal Falls 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 Crystal Falls has $71.55 million in assets with $9.66 million in equity, resulting in a capitalization level of 13.50%, which is excellent.

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