Jersey Shore State Bank

Jersey Shore State Bank is headquartered in Jersey Shore and is the 43^rd largest bank in the state of Pennsylvania. It is also the 846^th largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 179 employees at 15 locations. Jersey Shore State Bank has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Jersey Shore State Bank FDIC Certificate # 14359 BankRate Report View Year Established 1934 Employees 179 Primary Regulator FDIC Assets and Liabilities Assets $781.56 million Loans $437.95 million Deposits $623.28 million Equity Capital $71.88 million Loan Loss Allowance $7.75 million Unbacked Noncurrent Loans $11.31 million Real Estate Owned $2.03 million Historic Data - March 2011 Assets $683.81 million Equity Capital $55.99 million Loan Loss Allowance $6.64 million Unbacked Noncurrent Loans $12.90 million Real Estate Owned $1.11 million Profit Margin - Quarterly Net Interest Margin 4.31% Return on Assets 1.8% Return on Equity 19.75% Interest Income $9.18 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 Jersey Shore State Bank had $13.34 million in non-current loans and owned real-estate with $79.62 million in equity and loan loss allowances on hand to cover it. This gives Jersey Shore State Bank a Texas Ratio of 16.76% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Jersey Shore State Bank decreased slightly from 22.37% as of March 31, 2011 to 16.76% as of March 31, 2012, resulting in a positive change of 25.10%.This indicates that the balance sheet and financial strength for Jersey Shore State Bank has improved slightly in recent periods. Deposit Growth In the past year, Jersey Shore State Bank has increased its total deposits by $91.28 million, resulting in 17.16% 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 Jersey Shore 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. Jersey Shore State Bank has $781.56 million in assets with $79.62 million in equity, resulting in a capitalization level of 10.19%, which is above average.

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