Palo Savings Bank

Palo Savings Bank is headquartered in Palo and is the 320^th largest bank in the state of Iowa. It is also the 6,890^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 6 employees at 1 location. Palo Savings Bank has a 5-star health rating.

Palo Savings Bank Routing Number: 073915193

Palo Savings Bank CD Rates

Data for Q1 2012

Institution Statistics Palo Savings Bank FDIC Certificate # 13990 BankRate Report View Year Established 1908 Employees 6 Primary Regulator FDIC Assets and Liabilities Assets $32.39 million Loans $15.82 million Deposits $27.78 million Equity Capital $4.56 million Loan Loss Allowance $192,000 Real Estate Owned $66,000 Historic Data - March 2011 Assets $31.33 million Equity Capital $4.13 million Loan Loss Allowance $178,000 Real Estate Owned $86,000 Profit Margin - Quarterly Net Interest Margin 3.94% Return on Assets 1.85% Return on Equity 13.2% Interest Income $338,000

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 Palo Savings Bank had $66,000 in non-current loans and owned real-estate with $4.75 million in equity and loan loss allowances on hand to cover it. This gives Palo Savings Bank a Texas Ratio of 1.39% 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 Palo Savings Bank decreased slightly from 2.00% as of March 31, 2011 to 1.39% as of March 31, 2012, resulting in a positive change of 30.40%.This indicates that the balance sheet and financial strength for Palo Savings Bank has improved slightly in recent periods. Deposit Growth In the past year, Palo Savings Bank has increased its total deposits by $635,000, resulting in 2.34% 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 Palo Savings 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. Palo Savings Bank has $32.39 million in assets with $4.75 million in equity, resulting in a capitalization level of 14.67%, which is excellent.

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