MetaBank

MetaBank is headquartered in Storm Lake and is the 5^th largest bank in the state of Iowa. It is also the 392^nd largest bank in the nation. It was established in 1954 and as of December of 2012, it had grown to 422 employees at 12 locations. MetaBank has a 5-star health rating.

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Data for Q4 2012

Institution Statistics MetaBank OTS # 05902 FDIC Certificate # 30776 BankRate Report View Year Established 1954 Employees 422 Primary Regulator OCC Assets and Liabilities Assets $1.76 billion Loans $317.26 million Deposits $1.32 billion Equity Capital $152.05 million Loan Loss Allowance $3.96 million Unbacked Noncurrent Loans $1.76 million Real Estate Owned $9,000 Historic Data - December 2011 Assets $1.36 billion Equity Capital $93.19 million Loan Loss Allowance $4.57 million Unbacked Noncurrent Loans $10.46 million Real Estate Owned $3.94 million Profit Margin - Quarterly Net Interest Margin 2.3% Return on Assets 1.12% Return on Equity 14.63% Interest Income $37.31 million

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 December 31, 2012 MetaBank had $1.77 million in non-current loans and owned real-estate with $156.01 million in equity and loan loss allowances on hand to cover it. This gives MetaBank a Texas Ratio of 1.13% 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 MetaBank decreased significantly from 14.73% as of December 31, 2011 to 1.13% as of December 31, 2012, resulting in a positive change of 92.31%.This indicates that the balance sheet and financial strength for MetaBank has improved significantly in recent periods. Deposit Growth In the past year, MetaBank has increased its total deposits by $93.08 million, resulting in 7.59% 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 MetaBank 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. MetaBank has $1.76 billion in assets with $156.01 million in equity, resulting in a capitalization level of 8.86%, which is average.

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