Gilmer National Bank, Gilmer, Texas

Gilmer National Bank, Gilmer, Texas is headquartered in Gilmer and is the 250^th largest bank in the state of Texas. It is also the 3,112^st largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 44 employees at 1 location. Gilmer National Bank, Gilmer, Texas' savings rates are 2X the national average, and it boasts a 5-star health rating.

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Gilmer National Bank, Gilmer, Texas Savings Account Rates

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Data for Q1 2012

Institution Statistics Gilmer National Bank, Gilmer, Texas FDIC Certificate # 3219 BankRate Report View Year Established 1901 Employees 44 Primary Regulator OCC Assets and Liabilities Assets $200.06 million Loans $116.46 million Deposits $172.84 million Equity Capital $26.41 million Loan Loss Allowance $2.44 million Unbacked Noncurrent Loans $2.70 million Real Estate Owned $322,000 Historic Data - March 2011 Assets $188.34 million Equity Capital $25.03 million Loan Loss Allowance $2.14 million Unbacked Noncurrent Loans $2.79 million Real Estate Owned $529,000 Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 1.29% Return on Equity 9.77% Interest Income $2.21 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 Gilmer National Bank, Gilmer, Texas had $3.02 million in non-current loans and owned real-estate with $28.84 million in equity and loan loss allowances on hand to cover it. This gives Gilmer National Bank, Gilmer, Texas a Texas Ratio of 10.49% 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 Gilmer National Bank, Gilmer, Texas held steady from 12.21% as of March 31, 2011 to 10.49% as of March 31, 2012, resulting in a positive change of 14.10%.This indicates that the balance sheet and financial strength for Gilmer National Bank, Gilmer, Texas has held steady in recent periods. Deposit Growth In the past year, Gilmer National Bank, Gilmer, Texas has increased its total deposits by $10.2 million, resulting in 6.27% 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 Gilmer National Bank, Gilmer, Texas 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. Gilmer National Bank, Gilmer, Texas has $200.06 million in assets with $28.84 million in equity, resulting in a capitalization level of 14.42%, which is excellent.

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