Page County State Bank

Page County State Bank is headquartered in Clarinda and is the 210^st largest bank in the state of Iowa. It is also the 5,341^st largest bank in the nation. It was established in 1866 and as of September of 2011, it had grown to 20 employees at 2 locations. Page County State Bank has a 4-star health rating.

Page County State Bank Routing Number: 073902397

Data for Q3 2011

Institution Statistics Page County State Bank FDIC Certificate # 14522 BankRate Report View Year Established 1866 Employees 20 Primary Regulator FDIC Assets and Liabilities Assets $86.50 million Loans $39.86 million Deposits $74.74 million Equity Capital $10.86 million Loan Loss Allowance $310,000 Unbacked Noncurrent Loans $1.54 million Real Estate Owned $48,000 Historic Data - September 2010 Assets $72.98 million Equity Capital $9.83 million Loan Loss Allowance $249,000 Unbacked Noncurrent Loans $288,000 Profit Margin - Quarterly Net Interest Margin 3.84% Return on Assets 1.47% Return on Equity 11.62% Interest Income $2.78 million

Institution Health Overall Score: 4 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 Page County State Bank had $1.59 million in non-current loans and owned real-estate with $11.17 million in equity and loan loss allowances on hand to cover it. This gives Page County State Bank a Texas Ratio of 14.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Page County State Bank increased slightly from 2.86% as of September 30, 2010 to 14.22% as of September 30, 2011, resulting in a negative change of 397.42%. This indicates that the balance sheet and financial strength for Page County State Bank has declined slightly in recent periods. Deposit Growth In the past year, Page County State Bank has increased its total deposits by $11.85 million, resulting in 18.84% 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 Page County 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. Page County State Bank has $86.5 million in assets with $11.17 million in equity, resulting in a capitalization level of 12.91%, which is excellent.

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