First National Bank of Picayune

First National Bank of Picayune is headquartered in Picayune and is the 47^th largest bank in the state of Mississippi. It is also the 3,002^nd largest bank in the nation. It was established in 1947 and as of March of 2012, it had grown to 63 employees at 6 locations. First National Bank of Picayune has a 3-star health rating.

Data for Q1 2012

Institution Statistics First National Bank of Picayune FDIC Certificate # 16612 BankRate Report View Year Established 1947 Employees 63 Primary Regulator OCC Assets and Liabilities Assets $210.15 million Loans $154.65 million Deposits $185.91 million Equity Capital $23.83 million Loan Loss Allowance $1.73 million Unbacked Noncurrent Loans $4.00 million Real Estate Owned $3.92 million Historic Data - March 2011 Assets $210.67 million Equity Capital $22.84 million Loan Loss Allowance $2.05 million Unbacked Noncurrent Loans $3.58 million Real Estate Owned $2.97 million Profit Margin - Quarterly Net Interest Margin 4.64% Return on Assets 1.86% Return on Equity 16.32% Interest Income $2.80 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 National Bank of Picayune had $7.92 million in non-current loans and owned real-estate with $25.57 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Picayune a Texas Ratio of 30.98% 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 Picayune held steady from 26.33% as of March 31, 2011 to 30.98% as of March 31, 2012, resulting in a negative change of 17.64%. This indicates that the balance sheet and financial strength for First National Bank of Picayune has held steady in recent periods. Deposit Growth In the past year, First National Bank of Picayune has decreased its total deposits by -$1.43 million, resulting in -0.76% 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 Picayune has shown is 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 of Picayune has $210.15 million in assets with $25.57 million in equity, resulting in a capitalization level of 12.17%, which is excellent.

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