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6010 Fairview Avenue
Boise, ID 83704

Idaho Banking Company is headquartered in Boise and is the 12st largest bank in the state of Idaho. It is also the 4,762nd largest bank in the nation. It was established in 1996 and as of December of 2013, it had grown to 31 employees at 4 locations. Idaho Banking Company has a D health rating.

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Health

Data for Q4 2013

Institution Health

D
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Idaho Banking Company has a relatively low asset base.

Texas Ratio

GRADE:
F

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 December 31, 2013 Idaho Banking Company had $10.59 million in non-current loans and owned real-estate with $7.6 million in equity and loan loss allowances on hand to cover it. This gives Idaho Banking Company a Texas Ratio of 139.43% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Idaho Banking Company decreased slightly from 164.89% as of December 31, 2012 to 139.43% as of December 31, 2013, resulting in a positive change of 15.44%.This indicates that the balance sheet and financial strength for Idaho Banking Company has improved slightly in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Idaho Banking Company has decreased its total deposits by -$2.93 million, resulting in -2.97% 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 Idaho Banking Company has shown is below average.

Capitalization

GRADE:
C-

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. Idaho Banking Company has $99.77 million in assets with $7.6 million in equity, resulting in a capitalization level of 7.61%, which is below average.

Institution Statistics

Overall
FDIC Certificate #34317
Year Established1996
Employees31
Primary RegulatorFED
Assets and Liabilities
Assets$99.77 million
Loans$58.10 million
Deposits$95.92 million
Equity Capital$3.48 million
Loan Loss Allowance$4.12 million
Unbacked Noncurrent Loans$4.95 million
Real Estate Owned$5.64 million
Historic Data - December 2012
Assets$105.82 million
Equity Capital$3.47 million
Loan Loss Allowance$4.80 million
Unbacked Noncurrent Loans$4.95 million
Real Estate Owned$7.57 million
Profit Margin - Quarterly
Net Interest Margin3.56%
Return on Assets0.06%
Return on Equity1.98%
Interest Income$3.55 million
Rates

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Locations


Idaho Banking Company Locations
Meridian Branch1875 S. Eagle Rd.Meridian, ID 83642
Eagle Branch402 South Eagle RoadEagle, ID 83616
Idaho Banking Company6010 Fairview AvenueBoise, ID 83704
Parkcenter Branch673 East Parkcenter BoulevardBoise, ID 83706