Institution Statistics
| North Alabama Bank | | FDIC Certificate # | 27560 | | BankRate Report | View | | Year Established | 1989 | | Employees | 35 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $115.88 million | | Loans | $66.75 million | | Deposits | $103.06 million | | Equity Capital | $12.18 million | | Loan Loss Allowance | $2.45 million | | Unbacked Noncurrent Loans | $7.23 million | | Real Estate Owned | $11.47 million |
Historic Data - September 2010 | | Assets | $131.73 million | | Equity Capital | $13.29 million | | Loan Loss Allowance | $1.26 million | | Unbacked Noncurrent Loans | $5.69 million | | Real Estate Owned | $12.01 million |
Profit Margin - Quarterly | | Net Interest Margin | 5.16% | | Return on Assets | 0.47% | | Return on Equity | 4.68% | | Interest Income | $4.64 million |
|
|
Institution Health
Overall Score:
2 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 September 30, 2011 North Alabama Bank had $18.7 million in non-current loans and owned real-estate with $14.64 million in equity and loan loss allowances on hand to cover it. This gives North Alabama Bank a Texas Ratio of 127.77% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for North Alabama Bank held steady from 121.59% as of September 30, 2010 to 127.77% as of September 30, 2011, resulting in a negative change of 5.08%. This indicates that the balance sheet and financial strength for North Alabama Bank has held steady in recent periods. | | Deposit Growth | | | In the past year, North Alabama Bank has decreased its total deposits by -$14.64 million, resulting in -12.44% 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 North Alabama Bank has shown is poor. | | 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. North Alabama Bank has $115.88 million in assets with $14.64 million in equity, resulting in a capitalization level of 12.63%, which is excellent. |
|
