Institution Statistics
| New Market Bank | | FDIC Certificate # | 1931 | | BankRate Report | View | | Year Established | 1905 | | Employees | 27 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $84.75 million | | Loans | $46.91 million | | Deposits | $72.13 million | | Equity Capital | $7.72 million | | Loan Loss Allowance | $1.45 million | | Unbacked Noncurrent Loans | $2.19 million | | Real Estate Owned | $1.63 million |
Historic Data - March 2011 | | Assets | $84.23 million | | Equity Capital | $7.68 million | | Loan Loss Allowance | $1.61 million | | Unbacked Noncurrent Loans | $2.64 million | | Real Estate Owned | $2.03 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.35% | | Return on Assets | 0.14% | | Return on Equity | 1.49% | | Interest Income | $766,000 |
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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 New Market Bank had $3.82 million in non-current loans and owned real-estate with $9.17 million in equity and loan loss allowances on hand to cover it. This gives New Market Bank a Texas Ratio of 41.71% 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 Market Bank decreased slightly from 50.27% as of March 31, 2011 to 41.71% as of March 31, 2012, resulting in a positive change of 17.04%.This indicates that the balance sheet and financial strength for New Market Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, New Market Bank has increased its total deposits by $3.63 million, resulting in 5.31% 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 Market 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. New Market Bank has $84.75 million in assets with $9.17 million in equity, resulting in a capitalization level of 10.82%, which is above average. |
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