Martinsville First Savings Bank

Martinsville First Savings Bank is headquartered in Martinsville and is the 109^th largest bank in the state of Virginia. It is also the 6,481^st largest bank in the nation. It was established in 1924 and as of March of 2012, it had grown to 7 employees at 1 location. Martinsville First Savings Bank's money market rates are 2X the national average, and it has a 3-star health rating.

Martinsville First Savings Bank Routing Number: 251472759

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Data for Q1 2012

Institution Statistics Martinsville First Savings Bank OTS # 03881 FDIC Certificate # 29685 BankRate Report View Year Established 1924 Employees 7 Primary Regulator OCC Assets and Liabilities Assets $46.19 million Loans $25.74 million Deposits $40.70 million Equity Capital $5.45 million Loan Loss Allowance $316,000 Unbacked Noncurrent Loans $2.04 million Real Estate Owned $776,000 Historic Data - March 2011 Assets $47.08 million Equity Capital $5.10 million Loan Loss Allowance $350,000 Unbacked Noncurrent Loans $2.50 million Real Estate Owned $316,000 Profit Margin - Quarterly Net Interest Margin 3.04% Return on Assets 0.54% Return on Equity 4.65% Interest Income $501,000

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 Martinsville First Savings Bank had $2.82 million in non-current loans and owned real-estate with $5.77 million in equity and loan loss allowances on hand to cover it. This gives Martinsville First Savings Bank a Texas Ratio of 48.85% 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 Martinsville First Savings Bank held steady from 51.63% as of March 31, 2011 to 48.85% as of March 31, 2012, resulting in a positive change of 5.39%.This indicates that the balance sheet and financial strength for Martinsville First Savings Bank has held steady in recent periods. Deposit Growth In the past year, Martinsville First Savings Bank has decreased its total deposits by -$1.23 million, resulting in -2.92% 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 Martinsville First Savings Bank has shown is below 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. Martinsville First Savings Bank has $46.19 million in assets with $5.77 million in equity, resulting in a capitalization level of 12.49%, which is excellent.

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