Houghton State Bank

Houghton State Bank is headquartered in Red Oak and is the 113^st largest bank in the state of Iowa. It is also the 3,626^th largest bank in the nation. It was established in 1879 and as of March of 2012, it had grown to 31 employees at 5 locations. Houghton State Bank has a 5-star health rating.

Houghton State Bank Routing Number: 104901995

Data for Q1 2012

Institution Statistics Houghton State Bank FDIC Certificate # 15405 BankRate Report View Year Established 1879 Employees 31 Primary Regulator FDIC Assets and Liabilities Assets $163.90 million Loans $101.52 million Deposits $146.74 million Equity Capital $16.64 million Loan Loss Allowance $1.28 million Unbacked Noncurrent Loans $232,000 Real Estate Owned $44,000 Historic Data - March 2011 Assets $149.56 million Equity Capital $15.98 million Loan Loss Allowance $1.28 million Unbacked Noncurrent Loans $230,000 Real Estate Owned $45,000 Profit Margin - Quarterly Net Interest Margin 3.95% Return on Assets 1.28% Return on Equity 12.21% Interest Income $1.50 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 Houghton State Bank had $276,000 in non-current loans and owned real-estate with $17.92 million in equity and loan loss allowances on hand to cover it. This gives Houghton State Bank a Texas Ratio of 1.54% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Houghton State Bank held steady from 1.59% as of March 31, 2011 to 1.54% as of March 31, 2012, resulting in a positive change of 3.31%.This indicates that the balance sheet and financial strength for Houghton State Bank has held steady in recent periods. Deposit Growth In the past year, Houghton State Bank has increased its total deposits by $13.7 million, resulting in 10.29% 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 Houghton 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. Houghton State Bank has $163.9 million in assets with $17.92 million in equity, resulting in a capitalization level of 10.93%, which is above average.

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