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Overview / Commentary
6010 Fairview Avenue
Boise, ID 83704

Idaho Banking Company is headquartered in Boise and is the 11st largest bank in the state of Idaho. It is also the 4,686th largest bank in the nation. It was established in 1996 and as of March of 2014, it had grown to 30 employees at 4 locations. Idaho Banking Company has a C- health rating.

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Health

Data for Q1 2014

Institution Health

C-

Texas Ratio

GRADE:
F

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Idaho Banking Company had $9.89 million in non-current loans and owned real-estate with $7.23 million in equity and loan loss allowances on hand to cover it. This gives Idaho Banking Company a Texas Ratio of 136.84% 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 158.69% as of March 31, 2013 to 136.84% as of March 31, 2014, resulting in a positive change of 13.77%.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 -$1.29 million, resulting in -1.29% 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 Idaho Banking Company has shown is 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 $102.09 million in assets with $7.23 million in equity, resulting in a capitalization level of 7.08%, which is below average.

Institution Statistics

Overall
FDIC Certificate #34317
Year Established1996
Employees30
Primary RegulatorFED
Assets and Liabilities
Assets$102.09 million
Loans$56.45 million
Deposits$98.30 million
Equity Capital$3.36 million
Loan Loss Allowance$3.87 million
Unbacked Noncurrent Loans$5.03 million
Real Estate Owned$4.87 million
Historic Data - March 2013
Assets$106.72 million
Equity Capital$3.40 million
Loan Loss Allowance$4.59 million
Unbacked Noncurrent Loans$5.03 million
Real Estate Owned$7.75 million
Profit Margin - Quarterly
Net Interest Margin3.38%
Return on Assets-0.5%
Return on Equity-14.63%
Interest Income$815,000
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