Grundy Bank

Grundy Bank is headquartered in Morris and is the 173^rd largest bank in the state of Illinois. It is also the 2,588^th largest bank in the nation. It was established in 1864 and as of March of 2012, it had grown to 60 employees at 5 locations. Grundy Bank has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Grundy Bank FDIC Certificate # 3713 BankRate Report View Year Established 1864 Employees 60 Primary Regulator FED Assets and Liabilities Assets $248.00 million Loans $138.86 million Deposits $218.30 million Equity Capital $24.57 million Loan Loss Allowance $3.29 million Unbacked Noncurrent Loans $8.27 million Real Estate Owned $295,000 Historic Data - March 2011 Assets $246.40 million Equity Capital $22.71 million Loan Loss Allowance $3.57 million Unbacked Noncurrent Loans $7.36 million Real Estate Owned $380,000 Profit Margin - Quarterly Net Interest Margin 3.28% Return on Assets 1.69% Return on Equity 17.49% Interest Income $2.09 million

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 Grundy Bank had $8.56 million in non-current loans and owned real-estate with $27.86 million in equity and loan loss allowances on hand to cover it. This gives Grundy Bank a Texas Ratio of 30.74% 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 Grundy Bank held steady from 29.47% as of March 31, 2011 to 30.74% as of March 31, 2012, resulting in a negative change of 4.30%. This indicates that the balance sheet and financial strength for Grundy Bank has held steady in recent periods. Deposit Growth In the past year, Grundy Bank has decreased its total deposits by $-669,000, resulting in -0.31% 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 Grundy Bank has shown is 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. Grundy Bank has $248 million in assets with $27.86 million in equity, resulting in a capitalization level of 11.23%, which is above average.

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