First State Bank of DeKalb County

First State Bank of DeKalb County is headquartered in Fort Payne and is the 110^st largest bank in the state of Alabama. It is also the 5,322^nd largest bank in the nation. It was established in 1982 and as of March of 2012, it had grown to 27 employees at 2 locations. First State Bank of DeKalb County has a 3-star health rating.

Data for Q1 2012

Institution Statistics First State Bank of DeKalb County FDIC Certificate # 23815 BankRate Report View Year Established 1982 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $85.93 million Loans $48.37 million Deposits $72.04 million Equity Capital $13.73 million Loan Loss Allowance $442,000 Unbacked Noncurrent Loans $2.21 million Real Estate Owned $794,000 Historic Data - March 2011 Assets $89.39 million Equity Capital $13.28 million Loan Loss Allowance $591,000 Unbacked Noncurrent Loans $3.41 million Real Estate Owned $754,000 Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.67% Return on Equity 4.39% Interest Income $886,000

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 State Bank of DeKalb County had $3.01 million in non-current loans and owned real-estate with $14.17 million in equity and loan loss allowances on hand to cover it. This gives First State Bank of DeKalb County a Texas Ratio of 21.21% 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 State Bank of DeKalb County decreased slightly from 30.01% as of March 31, 2011 to 21.21% as of March 31, 2012, resulting in a positive change of 29.33%.This indicates that the balance sheet and financial strength for First State Bank of DeKalb County has improved slightly in recent periods. Deposit Growth In the past year, First State Bank of DeKalb County has decreased its total deposits by -$3.86 million, resulting in -5.08% 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 of DeKalb County has shown is poor. 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 of DeKalb County has $85.93 million in assets with $14.17 million in equity, resulting in a capitalization level of 16.49%, which is excellent.

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