First State Bank Shannon-Polo

First State Bank Shannon-Polo is headquartered in Shannon and is the 258^th largest bank in the state of Illinois. It is also the 3,730^th largest bank in the nation. It was established in 1930 and as of March of 2012, it had grown to 37 employees at 3 locations. First State Bank Shannon-Polo has a 5-star health rating.

Data for Q1 2012

Institution Statistics First State Bank Shannon-Polo FDIC Certificate # 1781 BankRate Report View Year Established 1930 Employees 37 Primary Regulator FDIC Assets and Liabilities Assets $158.24 million Loans $68.43 million Deposits $131.86 million Equity Capital $14.69 million Loan Loss Allowance $624,000 Unbacked Noncurrent Loans $499,000 Real Estate Owned $429,000 Historic Data - March 2011 Assets $145.51 million Equity Capital $14.24 million Loan Loss Allowance $629,000 Unbacked Noncurrent Loans $582,000 Real Estate Owned $891,000 Profit Margin - Quarterly Net Interest Margin 3.06% Return on Assets 1.28% Return on Equity 13.67% Interest Income $1.26 million

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 State Bank Shannon-Polo had $928,000 in non-current loans and owned real-estate with $15.32 million in equity and loan loss allowances on hand to cover it. This gives First State Bank Shannon-Polo a Texas Ratio of 6.06% 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 State Bank Shannon-Polo decreased slightly from 9.91% as of March 31, 2011 to 6.06% as of March 31, 2012, resulting in a positive change of 38.84%.This indicates that the balance sheet and financial strength for First State Bank Shannon-Polo has improved slightly in recent periods. Deposit Growth In the past year, First State Bank Shannon-Polo has increased its total deposits by $13 million, resulting in 10.93% 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 Shannon-Polo 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 State Bank Shannon-Polo has $158.24 million in assets with $15.32 million in equity, resulting in a capitalization level of 9.68%, which is average.

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