Institution Statistics
| Piggott State Bank | | FDIC Certificate # | 5628 | | BankRate Report | View | | Year Established | 1930 | | Employees | 17 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $80.52 million | | Loans | $26.56 million | | Deposits | $70.19 million | | Equity Capital | $8.62 million | | Loan Loss Allowance | $672,000 | | Unbacked Noncurrent Loans | $11,000 |
Historic Data - March 2011 | | Assets | $77.32 million | | Equity Capital | $7.98 million | | Loan Loss Allowance | $680,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.26% | | Return on Assets | 1.83% | | Return on Equity | 16.77% | | Interest Income | $736,000 |
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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 Piggott State Bank had $11,000 in non-current loans and owned real-estate with $9.3 million in equity and loan loss allowances on hand to cover it. This gives Piggott State Bank a Texas Ratio of 0.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Piggott State Bank has increased its total deposits by $2.54 million, resulting in 3.75% 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 Piggott State 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. Piggott State Bank has $80.52 million in assets with $9.3 million in equity, resulting in a capitalization level of 11.54%, which is above average. |
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