Institution Statistics
| Prime Meridian Bank | | FDIC Certificate # | 58694 | | BankRate Report | View | | Year Established | 2008 | | Employees | 30 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $143.84 million | | Loans | $82.98 million | | Deposits | $120.97 million | | Equity Capital | $15.28 million | | Loan Loss Allowance | $1.10 million |
Historic Data - March 2011 | | Assets | $111.81 million | | Equity Capital | $13.70 million | | Loan Loss Allowance | $729,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.43% | | Return on Assets | 0.91% | | Return on Equity | 8.53% | | Interest Income | $1.39 million |
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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 Prime Meridian Bank had $0 in non-current loans and owned real-estate with $16.38 million in equity and loan loss allowances on hand to cover it. This gives Prime Meridian Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Prime Meridian Bank has increased its total deposits by $32.04 million, resulting in 36.03% 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 Prime Meridian 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. Prime Meridian Bank has $143.84 million in assets with $16.38 million in equity, resulting in a capitalization level of 11.39%, which is above average. |
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