Raritan State Bank

Raritan State Bank is headquartered in Raritan and is the 254^th largest bank in the state of Illinois. It is also the 3,684^th largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 33 employees at 3 locations. Raritan State Bank's savings rates are 3X the national average, and it has a 3-star health rating.

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Raritan State Bank CD Rates

Data for Q1 2012

Institution Statistics Raritan State Bank FDIC Certificate # 10438 BankRate Report View Year Established 1920 Employees 33 Primary Regulator FDIC Assets and Liabilities Assets $160.98 million Loans $89.31 million Deposits $145.82 million Equity Capital $14.07 million Loan Loss Allowance $736,000 Unbacked Noncurrent Loans $2.48 million Real Estate Owned $89,000 Historic Data - March 2011 Assets $161.51 million Equity Capital $12.18 million Loan Loss Allowance $816,000 Unbacked Noncurrent Loans $2.03 million Real Estate Owned $204,000 Profit Margin - Quarterly Net Interest Margin 3.46% Return on Assets 0.91% Return on Equity 10.32% Interest Income $1.60 million

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 Raritan State Bank had $2.57 million in non-current loans and owned real-estate with $14.81 million in equity and loan loss allowances on hand to cover it. This gives Raritan State Bank a Texas Ratio of 17.34% 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 Raritan State Bank held steady from 17.18% as of March 31, 2011 to 17.34% as of March 31, 2012, resulting in a negative change of 0.96%. This indicates that the balance sheet and financial strength for Raritan State Bank has held steady in recent periods. Deposit Growth In the past year, Raritan State Bank has decreased its total deposits by -$3.06 million, resulting in -2.05% 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 Raritan State Bank has shown is below 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. Raritan State Bank has $160.98 million in assets with $14.81 million in equity, resulting in a capitalization level of 9.20%, which is average.

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