Pilot Grove Savings Bank

Pilot Grove Savings Bank is headquartered in Pilot Grove and is the 36^th largest bank in the state of Iowa. It is also the 1,714^st largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 75 employees at 10 locations. Pilot Grove Savings Bank has a 5-star health rating.

Pilot Grove Savings Bank Routing Number: 073916668

Data for Q1 2012

Institution Statistics Pilot Grove Savings Bank FDIC Certificate # 9100 BankRate Report View Year Established 1911 Employees 75 Primary Regulator FDIC Assets and Liabilities Assets $388.68 million Loans $283.57 million Deposits $335.66 million Equity Capital $39.34 million Loan Loss Allowance $4.74 million Unbacked Noncurrent Loans $505,000 Real Estate Owned $80,000 Historic Data - March 2011 Assets $326.58 million Equity Capital $32.29 million Loan Loss Allowance $4.17 million Unbacked Noncurrent Loans $1.40 million Real Estate Owned $43,000 Profit Margin - Quarterly Net Interest Margin 3.9% Return on Assets 1.89% Return on Equity 18.84% Interest Income $4.33 million

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 Pilot Grove Savings Bank had $585,000 in non-current loans and owned real-estate with $44.07 million in equity and loan loss allowances on hand to cover it. This gives Pilot Grove Savings Bank a Texas Ratio of 1.33% 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 Pilot Grove Savings Bank decreased significantly from 3.96% as of March 31, 2011 to 1.33% as of March 31, 2012, resulting in a positive change of 66.51%.This indicates that the balance sheet and financial strength for Pilot Grove Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Pilot Grove Savings Bank has increased its total deposits by $54.79 million, resulting in 19.51% 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 Pilot Grove Savings 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. Pilot Grove Savings Bank has $388.68 million in assets with $44.07 million in equity, resulting in a capitalization level of 11.34%, which is above average.

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