Lafayette State Bank

Lafayette State Bank is headquartered in Mayo and is the 189^th largest bank in the state of Florida. It is also the 5,121^st largest bank in the nation. It was established in 1946 and as of March of 2012, it had grown to 32 employees at 4 locations. Lafayette State Bank has a 3-star health rating.

Lafayette State Bank Routing Number: 063105515

Lafayette State Bank CD Rates

Lafayette State Bank IRA Rates

Data for Q1 2012

Institution Statistics Lafayette State Bank FDIC Certificate # 16396 BankRate Report View Year Established 1946 Employees 32 Primary Regulator FDIC Assets and Liabilities Assets $93.54 million Loans $69.20 million Deposits $81.29 million Equity Capital $9.42 million Loan Loss Allowance $610,000 Unbacked Noncurrent Loans $2.36 million Real Estate Owned $2.11 million Historic Data - March 2011 Assets $87.96 million Equity Capital $8.62 million Loan Loss Allowance $613,000 Unbacked Noncurrent Loans $1.22 million Real Estate Owned $1.30 million Profit Margin - Quarterly Net Interest Margin 5.01% Return on Assets 1.22% Return on Equity 12.14% Interest Income $1.12 million

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 Lafayette State Bank had $4.47 million in non-current loans and owned real-estate with $10.03 million in equity and loan loss allowances on hand to cover it. This gives Lafayette State Bank a Texas Ratio of 44.54% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Lafayette State Bank increased slightly from 27.27% as of March 31, 2011 to 44.54% as of March 31, 2012, resulting in a negative change of 63.30%. This indicates that the balance sheet and financial strength for Lafayette State Bank has declined slightly in recent periods. Deposit Growth In the past year, Lafayette State Bank has increased its total deposits by $11.61 million, resulting in 16.66% 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 Lafayette 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. Lafayette State Bank has $93.54 million in assets with $10.03 million in equity, resulting in a capitalization level of 10.73%, which is above average.

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