Institution Statistics
| Nokomis Savings Bank | | FDIC Certificate # | 29532 | | BankRate Report | View | | Year Established | 1881 | | Employees | 6 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $29.48 million | | Loans | $14.77 million | | Deposits | $20.43 million | | Equity Capital | $4.23 million | | Loan Loss Allowance | $45,000 | | Unbacked Noncurrent Loans | $80,000 |
Historic Data - March 2011 | | Assets | $28.70 million | | Equity Capital | $3.82 million | | Loan Loss Allowance | $32,000 |
Profit Margin - Quarterly | | Net Interest Margin | 1.7% | | Return on Assets | 0.76% | | Return on Equity | 5.23% | | Interest Income | $171,000 |
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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 Nokomis Savings Bank had $80,000 in non-current loans and owned real-estate with $4.27 million in equity and loan loss allowances on hand to cover it. This gives Nokomis Savings Bank a Texas Ratio of 1.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Nokomis Savings Bank has increased its total deposits by $168,000, resulting in 0.83% 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 Nokomis Savings Bank has shown is 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. Nokomis Savings Bank has $29.48 million in assets with $4.27 million in equity, resulting in a capitalization level of 14.49%, which is excellent. |
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