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Health

Data for Q1 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. New Frontier Bank has a relatively low asset base.

Texas Ratio

GRADE:
C

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 New Frontier Bank had $3.48 million in non-current loans and owned real-estate with $9.8 million in equity and loan loss allowances on hand to cover it. This gives New Frontier Bank a Texas Ratio of 35.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for New Frontier Bank decreased dramatically from 82.58% as of March 31, 2013 to 35.53% as of March 31, 2014, resulting in a positive change of 56.98%.This indicates that the balance sheet and financial strength for New Frontier Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, New Frontier Bank has decreased its total deposits by -$16.98 million, resulting in -15.72% 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 Frontier Bank has shown is poor.

Capitalization

GRADE:
B

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 Frontier Bank has $99.38 million in assets with $9.8 million in equity, resulting in a capitalization level of 9.86%, which is above average.

Institution Statistics

Overall
FDIC Certificate #35597
Year Established2000
Employees27
Primary RegulatorFDIC
Assets and Liabilities
Assets$99.38 million
Loans$58.87 million
Deposits$91.04 million
Equity Capital$7.53 million
Loan Loss Allowance$2.26 million
Unbacked Noncurrent Loans$187,000
Real Estate Owned$3.29 million
Historic Data - March 2013
Assets$116.54 million
Equity Capital$7.35 million
Loan Loss Allowance$2.70 million
Unbacked Noncurrent Loans$187,000
Real Estate Owned$4.27 million
Profit Margin - Quarterly
Net Interest Margin4.21%
Return on Assets2.12%
Return on Equity28.74%
Interest Income$980,000
Rates
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New Frontier Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Team Money Market Account
0.30%$100k-Business Plus Money Market Account
Locations


New Frontier Bank Locations
New Frontier Bank1771 Zumbehl RoadSaint Charles, MO 63303
Elm Branch3773 Elm StreetSaint Charles, MO 63301
O'fallon Branch5000 Winghaven BoulevardO Fallon, MO 63368