North American State Bank

North American State Bank is headquartered in Belgrade and is the 167^th largest bank in the state of Minnesota. It is also the 4,844^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 29 employees at 3 locations. North American State Bank has a 3-star health rating.

North American State Bank Routing Number: 091906508

Data for Q1 2012

Institution Statistics North American State Bank FDIC Certificate # 10179 BankRate Report View Year Established 1889 Employees 29 Primary Regulator FDIC Assets and Liabilities Assets $104.29 million Loans $50.95 million Deposits $87.69 million Equity Capital $10.75 million Loan Loss Allowance $1.73 million Unbacked Noncurrent Loans $3.01 million Real Estate Owned $2.53 million Historic Data - March 2011 Assets $104.29 million Equity Capital $10.30 million Loan Loss Allowance $1.90 million Unbacked Noncurrent Loans $3.52 million Real Estate Owned $2.78 million Profit Margin - Quarterly Net Interest Margin 3.14% Return on Assets -0.56% Return on Equity -5.39% Interest Income $926,000

Institution Health Overall Score: 3 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 North American State Bank had $5.54 million in non-current loans and owned real-estate with $12.48 million in equity and loan loss allowances on hand to cover it. This gives North American State Bank a Texas Ratio of 44.37% 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 North American State Bank held steady from 51.46% as of March 31, 2011 to 44.37% as of March 31, 2012, resulting in a positive change of 13.78%.This indicates that the balance sheet and financial strength for North American State Bank has held steady in recent periods. Deposit Growth In the past year, North American State Bank has increased its total deposits by $3.6 million, resulting in 4.28% 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 American State Bank has shown is above 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. North American State Bank has $104.29 million in assets with $12.48 million in equity, resulting in a capitalization level of 11.96%, which is above average.

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