First Neodesha Bank

First Neodesha Bank is headquartered in Neodesha and is the 161^st largest bank in the state of Kansas. It is also the 5,554^th largest bank in the nation. It was established in 1872 and as of March of 2012, it had grown to 30 employees at 5 locations. First Neodesha Bank has a 5-star health rating.

First Neodesha Bank Routing Number: 101102014

Data for Q1 2012

Institution Statistics First Neodesha Bank FDIC Certificate # 4736 BankRate Report View Year Established 1872 Employees 30 Primary Regulator FED Assets and Liabilities Assets $77.76 million Loans $57.21 million Deposits $70.33 million Equity Capital $6.79 million Loan Loss Allowance $508,000 Unbacked Noncurrent Loans $7,000 Real Estate Owned $325,000 Historic Data - March 2011 Assets $66.91 million Equity Capital $5.25 million Loan Loss Allowance $429,000 Unbacked Noncurrent Loans $215,000 Real Estate Owned $194,000 Profit Margin - Quarterly Net Interest Margin 4.06% Return on Assets 1.48% Return on Equity 17.07% Interest Income $897,000

Institution Health Overall Score: 5 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 Neodesha Bank had $332,000 in non-current loans and owned real-estate with $7.3 million in equity and loan loss allowances on hand to cover it. This gives First Neodesha Bank a Texas Ratio of 4.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Neodesha Bank decreased slightly from 7.20% as of March 31, 2011 to 4.55% as of March 31, 2012, resulting in a positive change of 36.85%.This indicates that the balance sheet and financial strength for First Neodesha Bank has improved slightly in recent periods. Deposit Growth In the past year, First Neodesha Bank has increased its total deposits by $9.49 million, resulting in 15.6% 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 Neodesha Bank 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 Neodesha Bank has $77.76 million in assets with $7.3 million in equity, resulting in a capitalization level of 9.39%, which is average.

No reviews have been left for this bank yet. Be the first to review.