Institution Statistics
| Kirkwood Bank of Nevada | | FDIC Certificate # | 58806 | | BankRate Report | View | | Year Established | 2008 | | Employees | 11 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $44.83 million | | Loans | $28.86 million | | Deposits | $35.89 million | | Equity Capital | $8.83 million | | Loan Loss Allowance | $424,000 | | Unbacked Noncurrent Loans | $840,000 |
Historic Data - March 2011 | | Assets | $36.51 million | | Equity Capital | $9.01 million | | Loan Loss Allowance | $287,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.21% | | Return on Assets | -0.21% | | Return on Equity | -1.04% | | Interest Income | $493,000 |
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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 Kirkwood Bank of Nevada had $840,000 in non-current loans and owned real-estate with $9.25 million in equity and loan loss allowances on hand to cover it. This gives Kirkwood Bank of Nevada a Texas Ratio of 9.08% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Kirkwood Bank of Nevada has increased its total deposits by $8.5 million, resulting in 31.03% 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 Kirkwood Bank of Nevada 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. Kirkwood Bank of Nevada has $44.83 million in assets with $9.25 million in equity, resulting in a capitalization level of 20.64%, which is excellent. |
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