First State Bank of Red Bud

First State Bank of Red Bud is headquartered in Red Bud and is the 352^nd largest bank in the state of Illinois. It is also the 5,127^th largest bank in the nation. It was established in 1875 and as of September of 2011, it had grown to 21 employees at 2 locations. First State Bank of Red Bud's savings rates are 94% higher than the national average, and it has a 4-star health rating.

First State Bank of Red Bud Routing Number: 081907892

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Data for Q3 2011

Institution Statistics First State Bank of Red Bud FDIC Certificate # 11704 BankRate Report View Year Established 1875 Employees 21 Primary Regulator FED Assets and Liabilities Assets $93.74 million Loans $37.55 million Deposits $80.01 million Equity Capital $11.88 million Loan Loss Allowance $2.64 million Unbacked Noncurrent Loans $2.25 million Real Estate Owned $909,000 Historic Data - September 2010 Assets $94.37 million Equity Capital $8.18 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $2.69 million Real Estate Owned $2.92 million Profit Margin - Quarterly Net Interest Margin 3.03% Return on Assets 0.55% Return on Equity 4.75% Interest Income $2.90 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 September 30, 2011 First State Bank of Red Bud had $3.16 million in non-current loans and owned real-estate with $14.52 million in equity and loan loss allowances on hand to cover it. This gives First State Bank of Red Bud a Texas Ratio of 21.74% 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 Red Bud decreased significantly from 59.74% as of September 30, 2010 to 21.74% as of September 30, 2011, resulting in a positive change of 63.62%.This indicates that the balance sheet and financial strength for First State Bank of Red Bud has improved significantly in recent periods. Deposit Growth In the past year, First State Bank of Red Bud has decreased its total deposits by -$1.92 million, resulting in -2.34% 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 Red Bud has shown is below 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 of Red Bud has $93.74 million in assets with $14.52 million in equity, resulting in a capitalization level of 15.49%, which is excellent.

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