Institution Statistics
| Keystone Bank | | FDIC Certificate # | 58382 | | BankRate Report | View | | Year Established | 2007 | | Employees | 29 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $203.11 million | | Loans | $134.51 million | | Deposits | $175.68 million | | Equity Capital | $20.13 million | | Loan Loss Allowance | $2.19 million | | Unbacked Noncurrent Loans | $1.08 million | | Real Estate Owned | $1.46 million |
Historic Data - September 2010 | | Assets | $187.54 million | | Equity Capital | $18.34 million | | Loan Loss Allowance | $2.00 million | | Unbacked Noncurrent Loans | $902,000 | | Real Estate Owned | $863,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.95% | | Return on Assets | 1.05% | | Return on Equity | 10.9% | | Interest Income | $7.26 million |
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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 September 30, 2011 Keystone Bank had $2.54 million in non-current loans and owned real-estate with $22.31 million in equity and loan loss allowances on hand to cover it. This gives Keystone Bank a Texas Ratio of 11.40% 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 Keystone Bank held steady from 8.68% as of September 30, 2010 to 11.40% as of September 30, 2011, resulting in a negative change of 31.40%. This indicates that the balance sheet and financial strength for Keystone Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Keystone Bank has increased its total deposits by $13.43 million, resulting in 8.28% 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 Keystone 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. Keystone Bank has $203.11 million in assets with $22.31 million in equity, resulting in a capitalization level of 10.98%, which is above average. |
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Average User Rating:
Keystone Announces Rewards Checking Rate Change Effective 9-19-2011
We continue to enjoy great service at Keystone Bank in Auburn, AL. They typically hold out with their higher rates longer than the competition. Effective 9-19-2011, they just announced a drop in their interest rate to 2.15% and will also be dropping their maximum balance for this rate from $25K to $15K. Qualifying balances over 15K will earn 0.75%, and 0.25% after that. Not a surprise after the Fed's recent announcement and lower debit transaction fees. Still not a bad deal.