FSGBANK, National Association

FSGBANK, National Association Locations
531 Broad Street
Chattanooga, TN 37402
www.fsgbank.com



FSGBANK, National Association is headquartered in Chattanooga and is the 7th largest bank in the state of Tennessee. It is also the 582nd largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 308 employees at 30 locations. FSGBANK, National Association has a 2-star health rating.


Data for Q1 2012


Institution Statistics


FSGBANK, National Association
FDIC Certificate #35525
BankRate ReportView
Year Established2000
Employees308
Primary RegulatorOCC

Assets and Liabilities

Assets$1.13 billion
Loans$584.93 million
Deposits$1.04 billion
Equity Capital$61.87 million
Loan Loss Allowance$18.99 million
Unbacked Noncurrent Loans$46.84 million
Real Estate Owned$24.72 million

Historic Data - March 2011

Assets$1.11 billion
Equity Capital$88.17 million
Loan Loss Allowance$22.50 million
Unbacked Noncurrent Loans$56.82 million
Real Estate Owned$28.07 million

Profit Margin - Quarterly

Net Interest Margin2.45%
Return on Assets-1.97%
Return on Equity-34.05%
Interest Income$9.69 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio1
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 FSGBANK, National Association had $71.55 million in non-current loans and owned real-estate with $80.86 million in equity and loan loss allowances on hand to cover it. This gives FSGBANK, National Association a Texas Ratio of 88.50% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for FSGBANK, National Association increased slightly from 76.70% as of March 31, 2011 to 88.50% as of March 31, 2012, resulting in a negative change of 15.37%. This indicates that the balance sheet and financial strength for FSGBANK, National Association has declined slightly in recent periods.
Deposit Growth4
In the past year, FSGBANK, National Association has increased its total deposits by $38.18 million, resulting in 3.81% 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 FSGBANK, National Association has shown is above average.
Capitalization2
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. FSGBANK, National Association has $1.13 billion in assets with $80.86 million in equity, resulting in a capitalization level of 7.16%, which is below average.
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