Mount Gilead Savings and Loan Association

Mount Gilead Savings and Loan Association is headquartered in Mount Gilead and is the 94^th largest bank in the state of North Carolina. It is also the 7,271^st largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 4 employees at 1 location. Mount Gilead Savings and Loan Association has a 5-star health rating.

Data for Q1 2012

Institution Statistics Mount Gilead Savings and Loan Association OTS # 03331 FDIC Certificate # 29358 BankRate Report View Year Established 1914 Employees 4 Primary Regulator FDIC Assets and Liabilities Assets $11.42 million Loans $9.13 million Deposits $9.53 million Equity Capital $1.78 million Loan Loss Allowance $30,000 Historic Data - March 2011 Assets $11.47 million Equity Capital $1.72 million Loan Loss Allowance $30,000 Unbacked Noncurrent Loans $32,000 Profit Margin - Quarterly Net Interest Margin 3.7% Return on Assets 0.56% Return on Equity 3.62% Interest Income $136,000

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 Mount Gilead Savings and Loan Association had $0 in non-current loans and owned real-estate with $1.8 million in equity and loan loss allowances on hand to cover it. This gives Mount Gilead Savings and Loan Association a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Mount Gilead Savings and Loan Association has decreased its total deposits by $-208,000, resulting in -2.14% 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 Mount Gilead Savings and Loan Association has shown is below 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. Mount Gilead Savings and Loan Association has $11.42 million in assets with $1.8 million in equity, resulting in a capitalization level of 15.81%, which is excellent.

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