Institution Statistics
| FSGBANK, National Association | | FDIC Certificate # | 35525 | | BankRate Report | View | | Year Established | 2000 | | Employees | 329 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $1.04 billion | | Loans | $530.50 million | | Deposits | $991.73 million | | Equity Capital | $23.34 million | | Loan Loss Allowance | $13.50 million | | Unbacked Noncurrent Loans | $11.46 million | | Real Estate Owned | $12.71 million |
Historic Data - March 2012 | | Assets | $1.13 billion | | Equity Capital | $61.87 million | | Loan Loss Allowance | $18.99 million | | Unbacked Noncurrent Loans | $46.84 million | | Real Estate Owned | $24.72 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.19% | | Return on Assets | -2.74% | | Return on Equity | -106.06% | | Interest Income | $7.81 million |
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Institution Health
Overall Score:
2 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, 2013 FSGBANK, National Association had $24.17 million in non-current loans and owned real-estate with $36.84 million in equity and loan loss allowances on hand to cover it. This gives FSGBANK, National Association a Texas Ratio of 65.60% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for FSGBANK, National Association decreased slightly from 88.50% as of March 31, 2012 to 65.60% as of March 31, 2013, resulting in a positive change of 25.87%.This indicates that the balance sheet and financial strength for FSGBANK, National Association has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, FSGBANK, National Association has decreased its total deposits by -$49.8 million, resulting in -4.78% 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 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. FSGBANK, National Association has $1.04 billion in assets with $36.84 million in equity, resulting in a capitalization level of 3.54%, which is poor. |
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