Glenwood State Bank

Glenwood State Bank is headquartered in Glenwood and is the 111^st largest bank in the state of Iowa. It is also the 3,599^th largest bank in the nation. It was established in 1899 and as of March of 2012, it had grown to 42 employees at 5 locations. Glenwood State Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Glenwood State Bank FDIC Certificate # 956 BankRate Report View Year Established 1899 Employees 42 Primary Regulator FED Assets and Liabilities Assets $166.13 million Loans $33.07 million Deposits $151.07 million Equity Capital $14.96 million Loan Loss Allowance $887,000 Unbacked Noncurrent Loans $134,000 Real Estate Owned $2.00 million Historic Data - March 2011 Assets $151.03 million Equity Capital $14.37 million Loan Loss Allowance $916,000 Unbacked Noncurrent Loans $282,000 Real Estate Owned $2.00 million Profit Margin - Quarterly Net Interest Margin 2.12% Return on Assets 0.54% Return on Equity 5.73% Interest Income $799,000

Institution Health Overall Score: 4 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 Glenwood State Bank had $2.13 million in non-current loans and owned real-estate with $15.85 million in equity and loan loss allowances on hand to cover it. This gives Glenwood State Bank a Texas Ratio of 13.45% 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 Glenwood State Bank held steady from 14.91% as of March 31, 2011 to 13.45% as of March 31, 2012, resulting in a positive change of 9.83%.This indicates that the balance sheet and financial strength for Glenwood State Bank has held steady in recent periods. Deposit Growth In the past year, Glenwood State Bank has increased its total deposits by $14.55 million, resulting in 10.65% 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 Glenwood State Bank 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. Glenwood State Bank has $166.13 million in assets with $15.85 million in equity, resulting in a capitalization level of 9.54%, which is average.

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