Institution Statistics
| PriorityOne Bank | | FDIC Certificate # | 21906 | | BankRate Report | View | | Year Established | 1975 | | Employees | 172 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $535.68 million | | Loans | $354.74 million | | Deposits | $458.03 million | | Equity Capital | $53.40 million | | Loan Loss Allowance | $8.07 million | | Unbacked Noncurrent Loans | $11.82 million | | Real Estate Owned | $419,000 |
Historic Data - March 2011 | | Assets | $510.34 million | | Equity Capital | $49.47 million | | Loan Loss Allowance | $6.57 million | | Unbacked Noncurrent Loans | $4.46 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.99% | | Return on Assets | 1.39% | | Return on Equity | 13.62% | | Interest Income | $5.88 million |
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Institution Health
Overall Score:
4 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 PriorityOne Bank had $12.24 million in non-current loans and owned real-estate with $61.47 million in equity and loan loss allowances on hand to cover it. This gives PriorityOne Bank a Texas Ratio of 19.92% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for PriorityOne Bank increased slightly from 7.95% as of March 31, 2011 to 19.92% as of March 31, 2012, resulting in a negative change of 150.41%. This indicates that the balance sheet and financial strength for PriorityOne Bank has declined slightly in recent periods. | | Deposit Growth |  | | In the past year, PriorityOne Bank has increased its total deposits by $23.26 million, resulting in 5.35% 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 PriorityOne 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. PriorityOne Bank has $535.68 million in assets with $61.47 million in equity, resulting in a capitalization level of 11.47%, which is above average. |
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