Institution Statistics
| MainStreet Bank | | FDIC Certificate # | 57742 | | BankRate Report | View | | Year Established | 2004 | | Employees | 52 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $265.40 million | | Loans | $195.69 million | | Deposits | $232.10 million | | Equity Capital | $24.48 million | | Loan Loss Allowance | $3.16 million | | Unbacked Noncurrent Loans | $5.66 million | | Real Estate Owned | $929,000 |
Historic Data - September 2010 | | Assets | $237.24 million | | Equity Capital | $22.99 million | | Loan Loss Allowance | $3.13 million | | Unbacked Noncurrent Loans | $3,000 | | Real Estate Owned | $1.56 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.29% | | Return on Assets | 0.59% | | Return on Equity | 6.31% | | Interest Income | $9.78 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 MainStreet Bank had $6.59 million in non-current loans and owned real-estate with $27.64 million in equity and loan loss allowances on hand to cover it. This gives MainStreet Bank a Texas Ratio of 23.85% 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 MainStreet Bank increased slightly from 3.49% as of September 30, 2010 to 23.85% as of September 30, 2011, resulting in a negative change of 582.38%. This indicates that the balance sheet and financial strength for MainStreet Bank has declined slightly in recent periods. | | Deposit Growth |  | | In the past year, MainStreet Bank has increased its total deposits by $32.06 million, resulting in 16.03% 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 MainStreet 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. MainStreet Bank has $265.4 million in assets with $27.64 million in equity, resulting in a capitalization level of 10.41%, which is above average. |
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