Merchants Bank of Bangor

Merchants Bank of Bangor is headquartered in Bangor and is the 107^th largest bank in the state of Pennsylvania. It is also the 2,111^st largest bank in the nation. It was established in 1890 and as of March of 2012, it had grown to 94 employees at 8 locations. Merchants Bank of Bangor has a 4-star health rating.

Merchants Bank of Bangor Routing Number: 031307086

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Data for Q1 2012

Institution Statistics Merchants Bank of Bangor FDIC Certificate # 7391 BankRate Report View Year Established 1890 Employees 94 Primary Regulator FED Assets and Liabilities Assets $309.05 million Loans $166.82 million Deposits $252.22 million Equity Capital $27.22 million Loan Loss Allowance $2.41 million Unbacked Noncurrent Loans $3.34 million Real Estate Owned $663,000 Historic Data - March 2011 Assets $289.39 million Equity Capital $26.30 million Loan Loss Allowance $2.10 million Unbacked Noncurrent Loans $2.74 million Real Estate Owned $724,000 Profit Margin - Quarterly Net Interest Margin 3.5% Return on Assets 0.54% Return on Equity 6.03% Interest Income $2.90 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 March 31, 2012 Merchants Bank of Bangor had $4 million in non-current loans and owned real-estate with $29.63 million in equity and loan loss allowances on hand to cover it. This gives Merchants Bank of Bangor a Texas Ratio of 13.51% 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 Merchants Bank of Bangor held steady from 12.21% as of March 31, 2011 to 13.51% as of March 31, 2012, resulting in a negative change of 10.68%. This indicates that the balance sheet and financial strength for Merchants Bank of Bangor has held steady in recent periods. Deposit Growth In the past year, Merchants Bank of Bangor has increased its total deposits by $14.39 million, resulting in 6.05% 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 Merchants Bank of Bangor 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. Merchants Bank of Bangor has $309.05 million in assets with $29.63 million in equity, resulting in a capitalization level of 9.59%, which is average.

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