Iron Workers Savings Bank

Iron Workers Savings Bank is headquartered in Aston and is the 150^th largest bank in the state of Pennsylvania. It is also the 3,584^th largest bank in the nation. It was established in 1879 and as of March of 2012, it had grown to 29 employees at 3 locations. Iron Workers Savings Bank has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Iron Workers Savings Bank FDIC Certificate # 28908 BankRate Report View Year Established 1879 Employees 29 Primary Regulator FDIC Assets and Liabilities Assets $167.00 million Loans $114.97 million Deposits $146.36 million Equity Capital $13.74 million Loan Loss Allowance $1.14 million Unbacked Noncurrent Loans $1.89 million Historic Data - March 2011 Assets $162.11 million Equity Capital $13.02 million Loan Loss Allowance $840,000 Unbacked Noncurrent Loans $259,000 Profit Margin - Quarterly Net Interest Margin 3.4% Return on Assets 0.27% Return on Equity 3.27% Interest Income $1.68 million

Institution Health Overall Score: 4 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 Iron Workers Savings Bank had $1.89 million in non-current loans and owned real-estate with $14.88 million in equity and loan loss allowances on hand to cover it. This gives Iron Workers Savings Bank a Texas Ratio of 12.70% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Iron Workers Savings Bank increased slightly from 1.87% as of March 31, 2011 to 12.70% as of March 31, 2012, resulting in a negative change of 579.39%. This indicates that the balance sheet and financial strength for Iron Workers Savings Bank has declined slightly in recent periods. Deposit Growth In the past year, Iron Workers Savings Bank has increased its total deposits by $4.5 million, resulting in 3.17% 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 Iron Workers Savings Bank has shown is above average. 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. Iron Workers Savings Bank has $167 million in assets with $14.88 million in equity, resulting in a capitalization level of 8.91%, which is average.

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