Founders Bank & Trust

Founders Bank & Trust is headquartered in Grand Rapids and is the 24^th largest bank in the state of Michigan. It is also the 1,510^st largest bank in the nation. It was established in 1991 and as of March of 2012, it had grown to 90 employees at 4 locations. Founders Bank & Trust has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Founders Bank & Trust FDIC Certificate # 33533 BankRate Report View Year Established 1991 Employees 90 Primary Regulator FDIC Assets and Liabilities Assets $443.17 million Loans $309.13 million Deposits $376.68 million Equity Capital $40.58 million Loan Loss Allowance $4.17 million Unbacked Noncurrent Loans $2.17 million Real Estate Owned $2.39 million Historic Data - March 2011 Assets $417.03 million Equity Capital $36.73 million Loan Loss Allowance $4.51 million Unbacked Noncurrent Loans $3.56 million Real Estate Owned $2.51 million Profit Margin - Quarterly Net Interest Margin 3.78% Return on Assets 1.35% Return on Equity 14.74% Interest Income $4.83 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 Founders Bank & Trust had $4.55 million in non-current loans and owned real-estate with $44.75 million in equity and loan loss allowances on hand to cover it. This gives Founders Bank & Trust a Texas Ratio of 10.17% 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 Founders Bank & Trust decreased slightly from 14.64% as of March 31, 2011 to 10.17% as of March 31, 2012, resulting in a positive change of 30.53%.This indicates that the balance sheet and financial strength for Founders Bank & Trust has improved slightly in recent periods. Deposit Growth In the past year, Founders Bank & Trust has increased its total deposits by $29.3 million, resulting in 8.43% 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 Founders Bank & Trust 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. Founders Bank & Trust has $443.17 million in assets with $44.75 million in equity, resulting in a capitalization level of 10.10%, which is above average.

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