Peoples State Bank of Madison Lake

Peoples State Bank of Madison Lake is headquartered in Madison Lake and is the 368^th largest bank in the state of Minnesota. It is also the 7,124^th largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 7 employees at 2 locations. Peoples State Bank of Madison Lake has a 2-star health rating.

Data for Q1 2012

Institution Statistics Peoples State Bank of Madison Lake FDIC Certificate # 1923 BankRate Report View Year Established 1901 Employees 7 Primary Regulator FDIC Assets and Liabilities Assets $22.55 million Loans $12.40 million Deposits $20.68 million Equity Capital $1.84 million Loan Loss Allowance $303,000 Unbacked Noncurrent Loans $797,000 Real Estate Owned $161,000 Historic Data - March 2011 Assets $23.70 million Equity Capital $1.43 million Loan Loss Allowance $495,000 Unbacked Noncurrent Loans $652,000 Real Estate Owned $124,000 Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 0.11% Return on Equity 1.31% Interest Income $229,000

Institution Health Overall Score: 2 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 Peoples State Bank of Madison Lake had $958,000 in non-current loans and owned real-estate with $2.14 million in equity and loan loss allowances on hand to cover it. This gives Peoples State Bank of Madison Lake a Texas Ratio of 44.75% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Peoples State Bank of Madison Lake held steady from 40.33% as of March 31, 2011 to 44.75% as of March 31, 2012, resulting in a negative change of 10.94%. This indicates that the balance sheet and financial strength for Peoples State Bank of Madison Lake has held steady in recent periods. Deposit Growth In the past year, Peoples State Bank of Madison Lake has decreased its total deposits by -$1.54 million, resulting in -6.94% 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 Peoples State Bank of Madison Lake has shown is poor. 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. Peoples State Bank of Madison Lake has $22.55 million in assets with $2.14 million in equity, resulting in a capitalization level of 9.49%, which is average.

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