Highlands Independent Bank

Highlands Independent Bank is headquartered in Sebring and is the 87^th largest bank in the state of Florida. It is also the 2,388^th largest bank in the nation. It was established in 1985 and as of March of 2012, it had grown to 73 employees at 6 locations. Highlands Independent Bank has a 1-star health rating.

Highlands Independent Bank Routing Number: 063112362

Data for Q1 2012

Institution Statistics Highlands Independent Bank FDIC Certificate # 26428 BankRate Report View Year Established 1985 Employees 73 Primary Regulator FDIC Assets and Liabilities Assets $270.36 million Loans $150.66 million Deposits $249.74 million Equity Capital $18.39 million Loan Loss Allowance $9.05 million Unbacked Noncurrent Loans $14.98 million Real Estate Owned $10.49 million Historic Data - March 2011 Assets $286.77 million Equity Capital $20.54 million Loan Loss Allowance $7.76 million Unbacked Noncurrent Loans $7.68 million Real Estate Owned $9.62 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 1.68% Return on Equity 24.66% Interest Income $2.38 million

Institution Health Overall Score: 1 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 Highlands Independent Bank had $25.47 million in non-current loans and owned real-estate with $27.44 million in equity and loan loss allowances on hand to cover it. This gives Highlands Independent Bank a Texas Ratio of 92.84% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Highlands Independent Bank increased slightly from 61.11% as of March 31, 2011 to 92.84% as of March 31, 2012, resulting in a negative change of 51.92%. This indicates that the balance sheet and financial strength for Highlands Independent Bank has declined slightly in recent periods. Deposit Growth In the past year, Highlands Independent Bank has decreased its total deposits by -$14.23 million, resulting in -5.39% 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 Highlands Independent 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. Highlands Independent Bank has $270.36 million in assets with $27.44 million in equity, resulting in a capitalization level of 10.15%, which is above average.

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