Pineland State Bank

Pineland State Bank is headquartered in Metter and is the 214^st largest bank in the state of Georgia. It is also the 6,115^st largest bank in the nation. It was established in 1959 and as of March of 2012, it had grown to 19 employees at 3 locations. Pineland State Bank has a 2-star health rating.

Pineland State Bank Routing Number: 061213247

Data for Q1 2012

Institution Statistics Pineland State Bank FDIC Certificate # 18605 BankRate Report View Year Established 1959 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $58.30 million Loans $31.56 million Deposits $52.58 million Equity Capital $5.48 million Loan Loss Allowance $722,000 Unbacked Noncurrent Loans $4.89 million Real Estate Owned $2.59 million Historic Data - March 2011 Assets $60.24 million Equity Capital $5.80 million Loan Loss Allowance $1.16 million Unbacked Noncurrent Loans $2.14 million Real Estate Owned $3.20 million Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets -0.14% Return on Equity -1.46% Interest Income $575,000

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 Pineland State Bank had $7.48 million in non-current loans and owned real-estate with $6.2 million in equity and loan loss allowances on hand to cover it. This gives Pineland State Bank a Texas Ratio of 120.65% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pineland State Bank increased slightly from 76.71% as of March 31, 2011 to 120.65% as of March 31, 2012, resulting in a negative change of 57.28%. This indicates that the balance sheet and financial strength for Pineland State Bank has declined slightly in recent periods. Deposit Growth In the past year, Pineland State Bank has decreased its total deposits by $-246,000, resulting in -0.47% 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 Pineland State Bank has shown is 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. Pineland State Bank has $58.3 million in assets with $6.2 million in equity, resulting in a capitalization level of 10.64%, which is above average.

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