Preferred Community Bank

Preferred Community Bank is headquartered in Fort Myers and is the 202^nd largest bank in the state of Florida. It is also the 5,523^rd largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 16 employees at 2 locations. Preferred Community Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics Preferred Community Bank FDIC Certificate # 58262 BankRate Report View Year Established 2007 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $78.94 million Loans $42.19 million Deposits $68.52 million Equity Capital $7.80 million Loan Loss Allowance $1.19 million Unbacked Noncurrent Loans $1.91 million Real Estate Owned $2.89 million Historic Data - March 2011 Assets $77.57 million Equity Capital $8.34 million Loan Loss Allowance $1.48 million Unbacked Noncurrent Loans $3.71 million Real Estate Owned $2.89 million Profit Margin - Quarterly Net Interest Margin 3.49% Return on Assets -2.34% Return on Equity -22.34% Interest Income $761,000

Institution Health Overall Score: 3 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 Preferred Community Bank had $4.79 million in non-current loans and owned real-estate with $8.99 million in equity and loan loss allowances on hand to cover it. This gives Preferred Community Bank a Texas Ratio of 53.30% 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 Preferred Community Bank decreased slightly from 67.18% as of March 31, 2011 to 53.30% as of March 31, 2012, resulting in a positive change of 20.65%.This indicates that the balance sheet and financial strength for Preferred Community Bank has improved slightly in recent periods. Deposit Growth In the past year, Preferred Community Bank has increased its total deposits by $2.43 million, resulting in 3.68% 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 Preferred Community 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. Preferred Community Bank has $78.94 million in assets with $8.99 million in equity, resulting in a capitalization level of 11.39%, which is above average.

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