Institution Statistics
| Meetinghouse Bank | | FDIC Certificate # | 26715 | | BankRate Report | View | | Year Established | 1914 | | Employees | 21 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $72.51 million | | Loans | $43.84 million | | Deposits | $67.05 million | | Equity Capital | $5.26 million | | Loan Loss Allowance | $328,000 | | Unbacked Noncurrent Loans | $2,000 | | Real Estate Owned | $500,000 |
Historic Data - March 2011 | | Assets | $63.27 million | | Equity Capital | $5.06 million | | Loan Loss Allowance | $315,000 | | Unbacked Noncurrent Loans | $394,000 | | Real Estate Owned | $500,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.97% | | Return on Assets | 0.2% | | Return on Equity | 2.75% | | Interest Income | $624,000 |
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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 March 31, 2012 Meetinghouse Bank had $502,000 in non-current loans and owned real-estate with $5.59 million in equity and loan loss allowances on hand to cover it. This gives Meetinghouse Bank a Texas Ratio of 8.98% 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 Meetinghouse Bank decreased significantly from 16.63% as of March 31, 2011 to 8.98% as of March 31, 2012, resulting in a positive change of 46.00%.This indicates that the balance sheet and financial strength for Meetinghouse Bank has improved significantly in recent periods. | | Deposit Growth | | | In the past year, Meetinghouse Bank has increased its total deposits by $10.34 million, resulting in 18.23% 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 Meetinghouse 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. Meetinghouse Bank has $72.5 million in assets with $5.59 million in equity, resulting in a capitalization level of 7.71%, which is below average. |
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