Millbury National Bank

Millbury National Bank is headquartered in Millbury and is the 150^th largest bank in the state of Massachusetts. It is also the 5,697^th largest bank in the nation. It was established in 1933 and as of March of 2012, it had grown to 18 employees at 2 locations. Millbury National Bank has a 3-star health rating.

Millbury National Bank Routing Number: 011305202

Data for Q1 2012

Institution Statistics Millbury National Bank FDIC Certificate # 2616 BankRate Report View Year Established 1933 Employees 18 Primary Regulator OCC Assets and Liabilities Assets $72.80 million Loans $51.65 million Deposits $64.05 million Equity Capital $7.39 million Loan Loss Allowance $435,000 Unbacked Noncurrent Loans $2.71 million Real Estate Owned $75,000 Historic Data - March 2011 Assets $73.09 million Equity Capital $7.47 million Loan Loss Allowance $400,000 Unbacked Noncurrent Loans $295,000 Real Estate Owned $210,000 Profit Margin - Quarterly Net Interest Margin 4.29% Return on Assets 0.42% Return on Equity 4.05% Interest Income $829,000

Institution Health Overall Score: 3 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 Millbury National Bank had $2.78 million in non-current loans and owned real-estate with $7.82 million in equity and loan loss allowances on hand to cover it. This gives Millbury National Bank a Texas Ratio of 35.60% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Millbury National Bank increased slightly from 6.42% as of March 31, 2011 to 35.60% as of March 31, 2012, resulting in a negative change of 454.73%. This indicates that the balance sheet and financial strength for Millbury National Bank has declined slightly in recent periods. Deposit Growth In the past year, Millbury National Bank has increased its total deposits by $1.73 million, resulting in 2.78% 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 Millbury National Bank 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. Millbury National Bank has $72.8 million in assets with $7.82 million in equity, resulting in a capitalization level of 10.75%, which is above average.

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