Kasson State Bank

Kasson State Bank is headquartered in Kasson and is the 254^th largest bank in the state of Minnesota. It is also the 6,065^th largest bank in the nation. It was established in 1935 and as of March of 2012, it had grown to 19 employees at 2 locations. Kasson State Bank's savings rates are 44% higher than the national average, and it has a 4-star health rating.

Kasson State Bank Routing Number: 091903666

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Data for Q1 2012

Institution Statistics Kasson State Bank FDIC Certificate # 15329 BankRate Report View Year Established 1935 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $60.14 million Loans $36.27 million Deposits $54.39 million Equity Capital $5.57 million Loan Loss Allowance $605,000 Unbacked Noncurrent Loans $171,000 Real Estate Owned $343,000 Historic Data - March 2011 Assets $62.98 million Equity Capital $5.52 million Loan Loss Allowance $548,000 Unbacked Noncurrent Loans $40,000 Real Estate Owned $717,000 Profit Margin - Quarterly Net Interest Margin 3.64% Return on Assets 0.59% Return on Equity 6.36% Interest Income $611,000

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 Kasson State Bank had $514,000 in non-current loans and owned real-estate with $6.18 million in equity and loan loss allowances on hand to cover it. This gives Kasson State Bank a Texas Ratio of 8.32% 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 Kasson State Bank decreased slightly from 12.47% as of March 31, 2011 to 8.32% as of March 31, 2012, resulting in a positive change of 33.27%.This indicates that the balance sheet and financial strength for Kasson State Bank has improved slightly in recent periods. Deposit Growth In the past year, Kasson State Bank has decreased its total deposits by -$2.87 million, resulting in -5.02% 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 Kasson State Bank 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. Kasson State Bank has $60.14 million in assets with $6.18 million in equity, resulting in a capitalization level of 10.27%, which is above average.

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