Independent Banker's Bank of Florida

Independent Banker's Bank of Florida is headquartered in Lake Mary and is the 100^th largest bank in the state of Florida. It is also the 2,664^th largest bank in the nation. It was established in 1983 and as of March of 2012, it had grown to 42 employees at 1 location. Independent Banker's Bank of Florida has a 1-star health rating.

Data for Q1 2012

Institution Statistics Independent Banker's Bank of Florida FDIC Certificate # 24642 BankRate Report View Year Established 1983 Employees 42 Primary Regulator FED Assets and Liabilities Assets $241.95 million Loans $142.75 million Deposits $172.91 million Equity Capital $17.94 million Loan Loss Allowance $5.77 million Unbacked Noncurrent Loans $42.20 million Real Estate Owned $7.13 million Historic Data - March 2011 Assets $282.72 million Equity Capital $22.32 million Loan Loss Allowance $13.29 million Unbacked Noncurrent Loans $41.26 million Real Estate Owned $5.68 million Profit Margin - Quarterly Net Interest Margin 2.7% Return on Assets -0.73% Return on Equity -9.88% Interest Income $1.82 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 Independent Banker's Bank of Florida had $49.32 million in non-current loans and owned real-estate with $23.72 million in equity and loan loss allowances on hand to cover it. This gives Independent Banker's Bank of Florida a Texas Ratio of 207.98% 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 Independent Banker's Bank of Florida increased slightly from 131.82% as of March 31, 2011 to 207.98% as of March 31, 2012, resulting in a negative change of 57.78%. This indicates that the balance sheet and financial strength for Independent Banker's Bank of Florida has declined slightly in recent periods. Deposit Growth In the past year, Independent Banker's Bank of Florida has decreased its total deposits by -$32.24 million, resulting in -15.72% 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 Independent Banker's Bank of Florida 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. Independent Banker's Bank of Florida has $241.95 million in assets with $23.72 million in equity, resulting in a capitalization level of 9.80%, which is average.

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