Harrington Bank, FSB

Harrington Bank, FSB is headquartered in Chapel Hill and is the 43^rd largest bank in the state of North Carolina. It is also the 2,163^rd largest bank in the nation. It was established in 2001 and as of March of 2012, it had grown to 59 employees at 4 locations. Harrington Bank, FSB has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Harrington Bank, FSB OTS # 17910 FDIC Certificate # 57262 BankRate Report View Year Established 2001 Employees 59 Primary Regulator OCC Assets and Liabilities Assets $302.17 million Loans $223.61 million Deposits $266.12 million Equity Capital $25.28 million Loan Loss Allowance $6.15 million Unbacked Noncurrent Loans $16.28 million Real Estate Owned $2.45 million Historic Data - March 2011 Assets $303.13 million Equity Capital $26.58 million Loan Loss Allowance $3.84 million Unbacked Noncurrent Loans $10.10 million Real Estate Owned $3.07 million Profit Margin - Quarterly Net Interest Margin 4.51% Return on Assets -0.64% Return on Equity -7.54% Interest Income $3.34 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 Harrington Bank, FSB had $18.73 million in non-current loans and owned real-estate with $31.43 million in equity and loan loss allowances on hand to cover it. This gives Harrington Bank, FSB a Texas Ratio of 59.60% 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 Harrington Bank, FSB increased slightly from 43.30% as of March 31, 2011 to 59.60% as of March 31, 2012, resulting in a negative change of 37.64%. This indicates that the balance sheet and financial strength for Harrington Bank, FSB has declined slightly in recent periods. Deposit Growth In the past year, Harrington Bank, FSB has increased its total deposits by $12.62 million, resulting in 4.98% 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 Harrington Bank, FSB has shown is above 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. Harrington Bank, FSB has $302.17 million in assets with $31.43 million in equity, resulting in a capitalization level of 10.40%, which is above average.

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