Hillsboro Bank

Hillsboro Bank is headquartered in Plant City and is the 170^th largest bank in the state of Florida. It is also the 4,469^th largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 19 employees at 2 locations. Hillsboro Bank has a 5-star health rating.

Hillsboro Bank Routing Number: 063114412

Data for Q1 2012

Institution Statistics Hillsboro Bank FDIC Certificate # 34747 BankRate Report View Year Established 1998 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $119.88 million Loans $40.63 million Deposits $105.56 million Equity Capital $13.55 million Loan Loss Allowance $1.08 million Unbacked Noncurrent Loans $319,000 Real Estate Owned $1.89 million Historic Data - March 2011 Assets $100.55 million Equity Capital $12.61 million Loan Loss Allowance $1.03 million Unbacked Noncurrent Loans $451,000 Real Estate Owned $3.39 million Profit Margin - Quarterly Net Interest Margin 3.45% Return on Assets 0.64% Return on Equity 5.32% Interest Income $1.03 million

Institution Health Overall Score: 5 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 Hillsboro Bank had $2.21 million in non-current loans and owned real-estate with $14.63 million in equity and loan loss allowances on hand to cover it. This gives Hillsboro Bank a Texas Ratio of 15.11% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Hillsboro Bank decreased significantly from 28.18% as of March 31, 2011 to 15.11% as of March 31, 2012, resulting in a positive change of 46.37%.This indicates that the balance sheet and financial strength for Hillsboro Bank has improved significantly in recent periods. Deposit Growth In the past year, Hillsboro Bank has increased its total deposits by $18.35 million, resulting in 21.04% 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 Hillsboro 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. Hillsboro Bank has $119.88 million in assets with $14.63 million in equity, resulting in a capitalization level of 12.20%, which is excellent.

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