Lee Bank

Lee Bank is headquartered in Lee and is the 100^th largest bank in the state of Massachusetts. It is also the 2,408^th largest bank in the nation. It was established in 1992 and as of March of 2012, it had grown to 62 employees at 3 locations. Lee Bank's savings rates are 2X the national average, and it has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Lee Bank FDIC Certificate # 33645 BankRate Report View Year Established 1992 Employees 62 Primary Regulator FDIC Assets and Liabilities Assets $267.54 million Loans $218.57 million Deposits $179.54 million Equity Capital $28.12 million Loan Loss Allowance $3.26 million Unbacked Noncurrent Loans $6.56 million Real Estate Owned $623,000 Historic Data - March 2011 Assets $265.40 million Equity Capital $26.73 million Loan Loss Allowance $2.89 million Unbacked Noncurrent Loans $4.78 million Real Estate Owned $265,000 Profit Margin - Quarterly Net Interest Margin 3.55% Return on Assets 0.74% Return on Equity 7.08% Interest Income $2.79 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 Lee Bank had $7.18 million in non-current loans and owned real-estate with $31.38 million in equity and loan loss allowances on hand to cover it. This gives Lee Bank a Texas Ratio of 22.90% 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 Lee Bank increased slightly from 17.02% as of March 31, 2011 to 22.90% as of March 31, 2012, resulting in a negative change of 34.50%. This indicates that the balance sheet and financial strength for Lee Bank has declined slightly in recent periods. Deposit Growth In the past year, Lee Bank has increased its total deposits by $5.12 million, resulting in 2.93% 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 Lee Bank has shown is above average. 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. Lee Bank has $267.54 million in assets with $31.38 million in equity, resulting in a capitalization level of 11.73%, which is above average.

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