Modern Bank, National Association

Modern Bank, National Association is headquartered in New York and is the 67^th largest bank in the state of New York. It is also the 1,010^st largest bank in the nation. It was established in 1977 and as of March of 2012, it had grown to 50 employees at 3 locations. Modern Bank, National Association has a 4-star health rating.

Data for Q1 2012

Institution Statistics Modern Bank, National Association FDIC Certificate # 22398 BankRate Report View Year Established 1977 Employees 50 Primary Regulator OCC Assets and Liabilities Assets $657.79 million Loans $335.35 million Deposits $553.27 million Equity Capital $57.08 million Loan Loss Allowance $6.39 million Unbacked Noncurrent Loans $3.28 million Real Estate Owned $6.63 million Historic Data - March 2011 Assets $548.11 million Equity Capital $51.36 million Loan Loss Allowance $6.01 million Unbacked Noncurrent Loans $11.05 million Profit Margin - Quarterly Net Interest Margin 2.65% Return on Assets 0.97% Return on Equity 10.73% Interest Income $5.34 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 Modern Bank, National Association had $9.9 million in non-current loans and owned real-estate with $63.46 million in equity and loan loss allowances on hand to cover it. This gives Modern Bank, National Association a Texas Ratio of 15.61% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Modern Bank, National Association decreased slightly from 19.27% as of March 31, 2011 to 15.61% as of March 31, 2012, resulting in a positive change of 19.00%.This indicates that the balance sheet and financial strength for Modern Bank, National Association has improved slightly in recent periods. Deposit Growth In the past year, Modern Bank, National Association has increased its total deposits by $99.18 million, resulting in 21.84% 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 Modern Bank, National Association 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. Modern Bank, National Association has $657.79 million in assets with $63.46 million in equity, resulting in a capitalization level of 9.65%, which is average.

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