Millennium Bank, National Association

Millennium Bank, National Association is headquartered in Sterling and is the 81^st largest bank in the state of Virginia. It is also the 3,514^st largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 30 employees at 3 locations. Millennium Bank, National Association's savings rates are 15% higher than the national average, but it has a 1-star health rating.

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Data for Q1 2012

Institution Statistics Millennium Bank, National Association FDIC Certificate # 35096 BankRate Report View Year Established 1999 Employees 30 Primary Regulator OCC Assets and Liabilities Assets $170.99 million Loans $102.38 million Deposits $158.34 million Equity Capital $57,000 Loan Loss Allowance $3.81 million Unbacked Noncurrent Loans $4.38 million Real Estate Owned $8.48 million Historic Data - March 2011 Assets $200.29 million Equity Capital $2.94 million Loan Loss Allowance $4.48 million Unbacked Noncurrent Loans $1.69 million Real Estate Owned $9.67 million Profit Margin - Quarterly Net Interest Margin 2.71% Return on Assets -2.04% Return on Equity -818.74% Interest Income $1.70 million

Institution Health Overall Score: 1 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 Millennium Bank, National Association had $12.86 million in non-current loans and owned real-estate with $3.86 million in equity and loan loss allowances on hand to cover it. This gives Millennium Bank, National Association a Texas Ratio of 332.89% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Millennium Bank, National Association increased slightly from 153.15% as of March 31, 2011 to 332.89% as of March 31, 2012, resulting in a negative change of 117.37%. This indicates that the balance sheet and financial strength for Millennium Bank, National Association has declined slightly in recent periods. Deposit Growth In the past year, Millennium Bank, National Association has decreased its total deposits by -$26.08 million, resulting in -14.14% 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 Millennium Bank, National Association has shown is poor. 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. Millennium Bank, National Association has $170.99 million in assets with $3.86 million in equity, resulting in a capitalization level of 2.26%, which is poor.

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