North Country Bank, National Association

North Country Bank, National Association is headquartered in Mcclusky and is the 59^th largest bank in the state of North Dakota. It is also the 5,920^th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 14 employees at 5 locations. North Country Bank, National Association has a 5-star health rating.

Data for Q1 2012

Institution Statistics North Country Bank, National Association FDIC Certificate # 3947 BankRate Report View Year Established 1907 Employees 14 Primary Regulator OCC Assets and Liabilities Assets $65.24 million Loans $29.81 million Deposits $57.41 million Equity Capital $6.73 million Loan Loss Allowance $441,000 Unbacked Noncurrent Loans $103,000 Historic Data - March 2011 Assets $59.57 million Equity Capital $6.17 million Loan Loss Allowance $374,000 Unbacked Noncurrent Loans $286,000 Profit Margin - Quarterly Net Interest Margin 3.61% Return on Assets 0.95% Return on Equity 9% Interest Income $592,000

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 North Country Bank, National Association had $103,000 in non-current loans and owned real-estate with $7.17 million in equity and loan loss allowances on hand to cover it. This gives North Country Bank, National Association a Texas Ratio of 1.44% 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 North Country Bank, National Association decreased significantly from 4.37% as of March 31, 2011 to 1.44% as of March 31, 2012, resulting in a positive change of 67.14%.This indicates that the balance sheet and financial strength for North Country Bank, National Association has improved significantly in recent periods. Deposit Growth In the past year, North Country Bank, National Association has increased its total deposits by $5.14 million, resulting in 9.84% 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 Country Bank, National Association 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. North Country Bank, National Association has $65.24 million in assets with $7.17 million in equity, resulting in a capitalization level of 10.99%, which is above average.

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