Nordstrom fsb

Nordstrom fsb is headquartered in Scottsdale and is the 10^st largest bank in the state of Arizona. It is also the 2,455^th largest bank in the nation. It was established in 1991 and as of March of 2012, it had grown to 515 employees at 1 location. Nordstrom fsb has a 5-star health rating.

Data for Q1 2012

Institution Statistics Nordstrom fsb OTS # 15846 FDIC Certificate # 33497 BankRate Report View Year Established 1991 Employees 515 Primary Regulator OCC Assets and Liabilities Assets $262.49 million Loans $125.21 million Deposits $79.95 million Equity Capital $106.35 million Loan Loss Allowance $7.11 million Unbacked Noncurrent Loans $1.52 million Historic Data - March 2011 Assets $206.64 million Equity Capital $111.46 million Loan Loss Allowance $9.78 million Unbacked Noncurrent Loans $2.63 million Profit Margin - Quarterly Net Interest Margin 7.61% Return on Assets 30.4% Return on Equity 80.02% Interest Income $4.60 million

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 Nordstrom fsb had $1.52 million in non-current loans and owned real-estate with $113.47 million in equity and loan loss allowances on hand to cover it. This gives Nordstrom fsb a Texas Ratio of 1.34% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Nordstrom fsb decreased slightly from 2.17% as of March 31, 2011 to 1.34% as of March 31, 2012, resulting in a positive change of 38.44%.This indicates that the balance sheet and financial strength for Nordstrom fsb has improved slightly in recent periods. Deposit Growth In the past year, Nordstrom fsb has increased its total deposits by $29.38 million, resulting in 58.11% 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 Nordstrom fsb 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. Nordstrom fsb has $262.49 million in assets with $113.47 million in equity, resulting in a capitalization level of 43.23%, which is excellent.

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