Northside Bank

Northside Bank is headquartered in Adairsville and is the 137^th largest bank in the state of Georgia. It is also the 4,265^th largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 33 employees at 3 locations. Northside Bank's savings rates are 25% higher than the national average, but it has a 1-star health rating.

Northside Bank Routing Number: 061120576

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Data for Q1 2012

Institution Statistics Northside Bank FDIC Certificate # 57994 BankRate Report View Year Established 2005 Employees 33 Primary Regulator FDIC Assets and Liabilities Assets $129.38 million Loans $77.49 million Deposits $119.75 million Equity Capital $4.37 million Loan Loss Allowance $1.07 million Unbacked Noncurrent Loans $3.91 million Real Estate Owned $11.01 million Historic Data - March 2011 Assets $131.25 million Equity Capital $4.35 million Loan Loss Allowance $1.23 million Unbacked Noncurrent Loans $5.52 million Real Estate Owned $9.59 million Profit Margin - Quarterly Net Interest Margin 3.26% Return on Assets 1.06% Return on Equity 31.78% Interest Income $1.18 million

Institution Health Overall Score: 1 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 Northside Bank had $14.92 million in non-current loans and owned real-estate with $5.43 million in equity and loan loss allowances on hand to cover it. This gives Northside Bank a Texas Ratio of 274.49% 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 Northside Bank held steady from 270.64% as of March 31, 2011 to 274.49% as of March 31, 2012, resulting in a negative change of 1.42%. This indicates that the balance sheet and financial strength for Northside Bank has held steady in recent periods. Deposit Growth In the past year, Northside Bank has increased its total deposits by $1.25 million, resulting in 1.06% 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 Northside 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. Northside Bank has $129.38 million in assets with $5.43 million in equity, resulting in a capitalization level of 4.20%, which is poor.

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