Miners & Merchants Bank

Miners & Merchants Bank is headquartered in Thomas and is the 58^th largest bank in the state of West Virginia. It is also the 6,246^th largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 22 employees at 3 locations. Miners & Merchants Bank has a 5-star health rating.

Miners & Merchants Bank Routing Number: 051503103

Data for Q1 2012

Institution Statistics Miners & Merchants Bank FDIC Certificate # 13018 BankRate Report View Year Established 1902 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $53.96 million Loans $18.72 million Deposits $46.22 million Equity Capital $7.70 million Loan Loss Allowance $199,000 Unbacked Noncurrent Loans $231,000 Real Estate Owned $162,000 Historic Data - March 2011 Assets $53.59 million Equity Capital $7.47 million Loan Loss Allowance $202,000 Unbacked Noncurrent Loans $384,000 Real Estate Owned $136,000 Profit Margin - Quarterly Net Interest Margin 3.11% Return on Assets 0.71% Return on Equity 4.96% Interest Income $440,000

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 Miners & Merchants Bank had $393,000 in non-current loans and owned real-estate with $7.9 million in equity and loan loss allowances on hand to cover it. This gives Miners & Merchants Bank a Texas Ratio of 4.97% 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 Miners & Merchants Bank decreased slightly from 6.78% as of March 31, 2011 to 4.97% as of March 31, 2012, resulting in a positive change of 26.63%.This indicates that the balance sheet and financial strength for Miners & Merchants Bank has improved slightly in recent periods. Deposit Growth In the past year, Miners & Merchants Bank has increased its total deposits by $194,000, resulting in 0.42% 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 Miners & Merchants Bank has shown is 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. Miners & Merchants Bank has $53.96 million in assets with $7.9 million in equity, resulting in a capitalization level of 14.64%, which is excellent.

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