Institution Statistics
| Produce State Bank | | FDIC Certificate # | 10178 | | BankRate Report | View | | Year Established | 1926 | | Employees | 10 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $39.93 million | | Loans | $22.22 million | | Deposits | $35.12 million | | Equity Capital | $4.69 million | | Loan Loss Allowance | $393,000 | | Unbacked Noncurrent Loans | $1.13 million | | Real Estate Owned | $144,000 |
Historic Data - March 2011 | | Assets | $37.82 million | | Equity Capital | $4.55 million | | Loan Loss Allowance | $391,000 | | Unbacked Noncurrent Loans | $1.14 million | | Real Estate Owned | $182,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.21% | | Return on Assets | 1.34% | | Return on Equity | 11.41% | | Interest Income | $364,000 |
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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 Produce State Bank had $1.27 million in non-current loans and owned real-estate with $5.08 million in equity and loan loss allowances on hand to cover it. This gives Produce State Bank a Texas Ratio of 25.00% 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 Produce State Bank held steady from 26.86% as of March 31, 2011 to 25.00% as of March 31, 2012, resulting in a positive change of 6.96%.This indicates that the balance sheet and financial strength for Produce State Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, Produce State Bank has increased its total deposits by $1.98 million, resulting in 5.97% 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 Produce State 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. Produce State Bank has $39.93 million in assets with $5.08 million in equity, resulting in a capitalization level of 12.74%, which is excellent. |
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Average User Rating:
Produce State Bank
This bank has always been a pleasure to work with.
Ihave had an account with them all my life, I am 24 now and deployed to Kuwait, They have been helpfull with everything that i need and leave me with no worries, i have had three other bank accounts with other institutions to include one local credit union and this bank's straight shooting business plan and simplicity, far and away makes it my favorite choice. Easy people to get along with and deal with and straight forward answers to questions along with no big bank type fees just makes them a pleasure to do business with.