First State Bank and Trust

First State Bank and Trust is headquartered in Bayport and is the 76^th largest bank in the state of Minnesota. It is also the 3,037^th largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 63 employees at 4 locations. First State Bank and Trust has a 4-star health rating.

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Data for Q1 2012

Institution Statistics First State Bank and Trust FDIC Certificate # 10159 BankRate Report View Year Established 1914 Employees 63 Primary Regulator FDIC Assets and Liabilities Assets $206.51 million Loans $120.59 million Deposits $187.21 million Equity Capital $16.86 million Loan Loss Allowance $2.29 million Unbacked Noncurrent Loans $1.79 million Real Estate Owned $257,000 Historic Data - March 2011 Assets $203.08 million Equity Capital $16.62 million Loan Loss Allowance $1.91 million Unbacked Noncurrent Loans $232,000 Real Estate Owned $602,000 Profit Margin - Quarterly Net Interest Margin 3.68% Return on Assets 0.58% Return on Equity 7.3% Interest Income $2.15 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 State Bank and Trust had $2.05 million in non-current loans and owned real-estate with $19.15 million in equity and loan loss allowances on hand to cover it. This gives First State Bank and Trust a Texas Ratio of 10.69% 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 State Bank and Trust increased slightly from 4.50% as of March 31, 2011 to 10.69% as of March 31, 2012, resulting in a negative change of 137.37%. This indicates that the balance sheet and financial strength for First State Bank and Trust has declined slightly in recent periods. Deposit Growth In the past year, First State Bank and Trust has increased its total deposits by $4.01 million, resulting in 2.19% 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 State Bank and Trust 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 State Bank and Trust has $206.51 million in assets with $19.15 million in equity, resulting in a capitalization level of 9.28%, which is average.

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