Kanabec State Bank

Kanabec State Bank is headquartered in Mora and is the 129^th largest bank in the state of Minnesota. It is also the 4,099^th largest bank in the nation. It was established in 1917 and as of March of 2012, it had grown to 21 employees at 1 location. Kanabec State Bank's savings rates are 6X the national average, and it boasts a 5-star health rating.

Kanabec State Bank Routing Number: 091913601

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Data for Q1 2012

Institution Statistics Kanabec State Bank FDIC Certificate # 8220 BankRate Report View Year Established 1917 Employees 21 Primary Regulator FED Assets and Liabilities Assets $136.89 million Loans $52.40 million Deposits $116.83 million Equity Capital $17.54 million Loan Loss Allowance $1.37 million Unbacked Noncurrent Loans $1.96 million Real Estate Owned $161,000 Historic Data - March 2011 Assets $129.80 million Equity Capital $16.99 million Loan Loss Allowance $1.72 million Unbacked Noncurrent Loans $1.93 million Real Estate Owned $848,000 Profit Margin - Quarterly Net Interest Margin 2.88% Return on Assets 0.66% Return on Equity 5.18% Interest Income $1.18 million

Institution Health Overall Score: 5 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 Kanabec State Bank had $2.12 million in non-current loans and owned real-estate with $18.91 million in equity and loan loss allowances on hand to cover it. This gives Kanabec State Bank a Texas Ratio of 11.22% 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 Kanabec State Bank decreased slightly from 14.80% as of March 31, 2011 to 11.22% as of March 31, 2012, resulting in a positive change of 24.23%.This indicates that the balance sheet and financial strength for Kanabec State Bank has improved slightly in recent periods. Deposit Growth In the past year, Kanabec State Bank has increased its total deposits by $6.89 million, resulting in 6.27% 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 Kanabec 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. Kanabec State Bank has $136.89 million in assets with $18.91 million in equity, resulting in a capitalization level of 13.81%, which is excellent.

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