Ormsby State Bank

Ormsby State Bank is headquartered in Ormsby and is the 347^th largest bank in the state of Minnesota. It is also the 7,021^st largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 5 employees at 1 location. Ormsby State Bank has a 5-star health rating.

Ormsby State Bank Routing Number: 091208905

Data for Q1 2012

Institution Statistics Ormsby State Bank FDIC Certificate # 1388 BankRate Report View Year Established 1901 Employees 5 Primary Regulator FDIC Assets and Liabilities Assets $27.11 million Loans $9.61 million Deposits $23.51 million Equity Capital $3.43 million Loan Loss Allowance $225,000 Real Estate Owned $96,000 Historic Data - March 2011 Assets $25.44 million Equity Capital $3.28 million Loan Loss Allowance $233,000 Real Estate Owned $376,000 Profit Margin - Quarterly Net Interest Margin 3.1% Return on Assets 1.72% Return on Equity 13.2% Interest Income $249,000

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 Ormsby State Bank had $96,000 in non-current loans and owned real-estate with $3.66 million in equity and loan loss allowances on hand to cover it. This gives Ormsby State Bank a Texas Ratio of 2.62% 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 Ormsby State Bank decreased significantly from 10.69% as of March 31, 2011 to 2.62% as of March 31, 2012, resulting in a positive change of 75.46%.This indicates that the balance sheet and financial strength for Ormsby State Bank has improved significantly in recent periods. Deposit Growth In the past year, Ormsby State Bank has increased its total deposits by $1.43 million, resulting in 6.46% 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 Ormsby State Bank 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. Ormsby State Bank has $27.11 million in assets with $3.66 million in equity, resulting in a capitalization level of 13.50%, which is excellent.

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