Nature Coast Bank

Nature Coast Bank is headquartered in Hernando and is the 215^st largest bank in the state of Florida. It is also the 6,010^st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 16 employees at 2 locations. Nature Coast Bank has a 4-star health rating.

Nature Coast Bank Routing Number: 063115673

Data for Q1 2012

Institution Statistics Nature Coast Bank FDIC Certificate # 57773 BankRate Report View Year Established 2005 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $62.09 million Loans $41.59 million Deposits $54.52 million Equity Capital $7.44 million Loan Loss Allowance $741,000 Unbacked Noncurrent Loans $800,000 Real Estate Owned $1.60 million Historic Data - March 2011 Assets $57.04 million Equity Capital $6.97 million Loan Loss Allowance $668,000 Unbacked Noncurrent Loans $581,000 Real Estate Owned $1.19 million Profit Margin - Quarterly Net Interest Margin 3.54% Return on Assets 0.31% Return on Equity 2.53% Interest Income $617,000

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 Nature Coast Bank had $2.4 million in non-current loans and owned real-estate with $8.18 million in equity and loan loss allowances on hand to cover it. This gives Nature Coast Bank a Texas Ratio of 29.29% 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 Nature Coast Bank increased slightly from 23.16% as of March 31, 2011 to 29.29% as of March 31, 2012, resulting in a negative change of 26.47%. This indicates that the balance sheet and financial strength for Nature Coast Bank has declined slightly in recent periods. Deposit Growth In the past year, Nature Coast Bank has increased its total deposits by $6.93 million, resulting in 14.57% 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 Nature Coast Bank 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. Nature Coast Bank has $62.09 million in assets with $8.18 million in equity, resulting in a capitalization level of 13.17%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.