Kindred State Bank

Kindred State Bank is headquartered in Kindred and is the 88^th largest bank in the state of North Dakota. It is also the 7,044^th largest bank in the nation. It was established in 1898 and as of March of 2012, it had grown to 6 employees at 1 location. Kindred State Bank has a 3-star health rating.

Kindred State Bank Routing Number: 091306315

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Data for Q1 2012

Institution Statistics Kindred State Bank FDIC Certificate # 8946 BankRate Report View Year Established 1898 Employees 6 Primary Regulator FDIC Assets and Liabilities Assets $26.19 million Loans $9.33 million Deposits $24.32 million Equity Capital $1.84 million Loan Loss Allowance $138,000 Unbacked Noncurrent Loans $322,000 Historic Data - March 2011 Assets $23.63 million Equity Capital $1.59 million Loan Loss Allowance $118,000 Unbacked Noncurrent Loans $72,000 Profit Margin - Quarterly Net Interest Margin 3.63% Return on Assets -0.08% Return on Equity -1.08% Interest Income $205,000

Institution Health Overall Score: 3 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 Kindred State Bank had $322,000 in non-current loans and owned real-estate with $1.98 million in equity and loan loss allowances on hand to cover it. This gives Kindred State Bank a Texas Ratio of 16.28% 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 Kindred State Bank increased slightly from 7.99% as of March 31, 2011 to 16.28% as of March 31, 2012, resulting in a negative change of 103.85%. This indicates that the balance sheet and financial strength for Kindred State Bank has declined slightly in recent periods. Deposit Growth In the past year, Kindred State Bank has increased its total deposits by $2.33 million, resulting in 10.6% 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 Kindred 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. Kindred State Bank has $26.19 million in assets with $1.98 million in equity, resulting in a capitalization level of 7.55%, which is below average.

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