New Buffalo Savings Bank, A FSB

New Buffalo Savings Bank, A FSB is headquartered in New Buffalo and is the 97^th largest bank in the state of Michigan. It is also the 5,228^th largest bank in the nation. It was established in 1921 and as of March of 2012, it had grown to 29 employees at 3 locations. New Buffalo Savings Bank, A FSB has a 3-star health rating.

New Buffalo Savings Bank, A FSB Checking Account Rates

New Buffalo Savings Bank, A FSB Savings Account Rates

New Buffalo Savings Bank, A FSB Money Market Rates

New Buffalo Savings Bank, A FSB CD Rates

New Buffalo Savings Bank, A FSB IRA Rates

Data for Q1 2012

Institution Statistics New Buffalo Savings Bank, A FSB OTS # 06624 FDIC Certificate # 31257 BankRate Report View Year Established 1921 Employees 29 Primary Regulator OCC Assets and Liabilities Assets $89.61 million Loans $71.72 million Deposits $69.43 million Equity Capital $13.26 million Loan Loss Allowance $2.61 million Unbacked Noncurrent Loans $5.70 million Real Estate Owned $2.40 million Historic Data - March 2011 Assets $93.33 million Equity Capital $13.36 million Loan Loss Allowance $2.50 million Unbacked Noncurrent Loans $2.82 million Real Estate Owned $2.17 million Profit Margin - Quarterly Net Interest Margin 4.46% Return on Assets 0.17% Return on Equity 1.15% Interest Income $1.10 million

Institution Health Overall Score: 3 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 New Buffalo Savings Bank, A FSB had $8.1 million in non-current loans and owned real-estate with $15.86 million in equity and loan loss allowances on hand to cover it. This gives New Buffalo Savings Bank, A FSB a Texas Ratio of 51.05% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for New Buffalo Savings Bank, A FSB increased slightly from 31.47% as of March 31, 2011 to 51.05% as of March 31, 2012, resulting in a negative change of 62.20%. This indicates that the balance sheet and financial strength for New Buffalo Savings Bank, A FSB has declined slightly in recent periods. Deposit Growth In the past year, New Buffalo Savings Bank, A FSB has decreased its total deposits by $-892,000, resulting in -1.27% 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 New Buffalo Savings Bank, A FSB 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. New Buffalo Savings Bank, A FSB has $89.6 million in assets with $15.86 million in equity, resulting in a capitalization level of 17.70%, which is excellent.

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