Mason State Bank

Mason State Bank is headquartered in Mason and is the 91^st largest bank in the state of Michigan. It is also the 4,445^th largest bank in the nation. It was established in 1886 and as of March of 2012, it had grown to 30 employees at 4 locations. Mason State Bank has a 3-star health rating.

Mason State Bank Routing Number: 072403677

Data for Q1 2012

Institution Statistics Mason State Bank FDIC Certificate # 1001 BankRate Report View Year Established 1886 Employees 30 Primary Regulator FDIC Assets and Liabilities Assets $120.89 million Loans $83.94 million Deposits $78.38 million Equity Capital $13.44 million Loan Loss Allowance $382,000 Unbacked Noncurrent Loans $718,000 Real Estate Owned $1.56 million Historic Data - March 2011 Assets $125.54 million Equity Capital $12.92 million Loan Loss Allowance $427,000 Unbacked Noncurrent Loans $1.68 million Real Estate Owned $1.23 million Profit Margin - Quarterly Net Interest Margin 3.23% Return on Assets 0.73% Return on Equity 6.6% Interest Income $1.31 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 Mason State Bank had $2.28 million in non-current loans and owned real-estate with $13.82 million in equity and loan loss allowances on hand to cover it. This gives Mason State Bank a Texas Ratio of 16.49% 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 Mason State Bank decreased slightly from 21.82% as of March 31, 2011 to 16.49% as of March 31, 2012, resulting in a positive change of 24.42%.This indicates that the balance sheet and financial strength for Mason State Bank has improved slightly in recent periods. Deposit Growth In the past year, Mason State Bank has decreased its total deposits by -$6.34 million, resulting in -7.48% 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 Mason State Bank has shown is poor. 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. Mason State Bank has $120.89 million in assets with $13.82 million in equity, resulting in a capitalization level of 11.43%, which is above average.

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