Institution Statistics
| Glen Rock Savings Bank | | FDIC Certificate # | 28729 | | BankRate Report | View | | Year Established | 1922 | | Employees | 20 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $137.21 million | | Loans | $101.95 million | | Deposits | $118.22 million | | Equity Capital | $10.49 million | | Loan Loss Allowance | $943,000 | | Unbacked Noncurrent Loans | $1.70 million |
Historic Data - March 2011 | | Assets | $146.37 million | | Equity Capital | $9.60 million | | Loan Loss Allowance | $933,000 | | Unbacked Noncurrent Loans | $1.84 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.26% | | Return on Assets | 0.55% | | Return on Equity | 7.28% | | Interest Income | $1.38 million |
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Institution Health
Overall Score:
3 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 Glen Rock Savings Bank had $1.7 million in non-current loans and owned real-estate with $11.43 million in equity and loan loss allowances on hand to cover it. This gives Glen Rock Savings Bank a Texas Ratio of 14.87% 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 Glen Rock Savings Bank held steady from 17.48% as of March 31, 2011 to 14.87% as of March 31, 2012, resulting in a positive change of 14.95%.This indicates that the balance sheet and financial strength for Glen Rock Savings Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Glen Rock Savings Bank has decreased its total deposits by -$12.21 million, resulting in -9.36% 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 Glen Rock Savings Bank has shown is poor. | | 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. Glen Rock Savings Bank has $137.21 million in assets with $11.43 million in equity, resulting in a capitalization level of 8.33%, which is average. |
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