Massena Savings and Loan

Massena Savings and Loan is headquartered in Massena and is the 149^th largest bank in the state of New York. It is also the 4,110^st largest bank in the nation. It was established in 1924 and as of September of 2011, it had grown to 21 employees at 2 locations. Massena Savings and Loan's CD rates are 24% higher than the national average, and it has a 4-star health rating.

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Data for Q3 2011

Institution Statistics Massena Savings and Loan OTS # 05323 FDIC Certificate # 30429 BankRate Report View Year Established 1924 Employees 21 Primary Regulator OCC Assets and Liabilities Assets $135.32 million Loans $119.19 million Deposits $112.63 million Equity Capital $14.56 million Loan Loss Allowance $776,000 Unbacked Noncurrent Loans $1.26 million Real Estate Owned $576,000 Historic Data - September 2010 Assets $136.93 million Equity Capital $13.68 million Loan Loss Allowance $570,000 Unbacked Noncurrent Loans $1.12 million Real Estate Owned $232,000 Profit Margin - Quarterly Net Interest Margin 3.66% Return on Assets 0.81% Return on Equity 7.78% Interest Income $5.53 million

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 Massena Savings and Loan had $1.83 million in non-current loans and owned real-estate with $15.33 million in equity and loan loss allowances on hand to cover it. This gives Massena Savings and Loan a Texas Ratio of 11.95% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Massena Savings and Loan held steady from 9.46% as of September 30, 2010 to 11.95% as of September 30, 2011, resulting in a negative change of 26.25%. This indicates that the balance sheet and financial strength for Massena Savings and Loan has held steady in recent periods. Deposit Growth In the past year, Massena Savings and Loan has increased its total deposits by $2.72 million, resulting in 2.48% 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 Massena Savings and Loan 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. Massena Savings and Loan has $135.32 million in assets with $15.33 million in equity, resulting in a capitalization level of 11.33%, which is above average.

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