Melvin Savings Bank

Melvin Savings Bank is headquartered in Melvin and is the 269^th largest bank in the state of Iowa. It is also the 6,148^th largest bank in the nation. It was established in 1912 and as of March of 2012, it had grown to 10 employees at 2 locations. Melvin Savings Bank's savings rates are 98% higher than the national average, and it boasts a 5-star health rating.

Melvin Savings Bank Routing Number: 073917175

Melvin Savings Bank Checking Account Rates

Melvin Savings Bank Savings Account Rates

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Data for Q1 2012

Institution Statistics Melvin Savings Bank FDIC Certificate # 256 BankRate Report View Year Established 1912 Employees 10 Primary Regulator FDIC Assets and Liabilities Assets $57.21 million Loans $22.15 million Deposits $47.02 million Equity Capital $10.12 million Loan Loss Allowance $449,000 Unbacked Noncurrent Loans $8,000 Historic Data - March 2011 Assets $53.81 million Equity Capital $11.23 million Loan Loss Allowance $451,000 Unbacked Noncurrent Loans $35,000 Profit Margin - Quarterly Net Interest Margin 2.86% Return on Assets 1.05% Return on Equity 5.73% Interest Income $473,000

Institution Health Overall Score: 5 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 Melvin Savings Bank had $8,000 in non-current loans and owned real-estate with $10.57 million in equity and loan loss allowances on hand to cover it. This gives Melvin Savings Bank a Texas Ratio of 0.08% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Melvin Savings Bank decreased significantly from 0.30% as of March 31, 2011 to 0.08% as of March 31, 2012, resulting in a positive change of 74.76%.This indicates that the balance sheet and financial strength for Melvin Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Melvin Savings Bank has increased its total deposits by $4.69 million, resulting in 11.08% 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 Melvin Savings 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. Melvin Savings Bank has $57.21 million in assets with $10.57 million in equity, resulting in a capitalization level of 18.48%, which is excellent.

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