Red River State Bank

Red River State Bank is headquartered in Halstad and is the 281^st largest bank in the state of Minnesota. It is also the 6,394^th largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 11 employees at 1 location. Red River State Bank has a 5-star health rating.

Red River State Bank Routing Number: 091205199

Data for Q1 2012

Institution Statistics Red River State Bank FDIC Certificate # 15820 BankRate Report View Year Established 1934 Employees 11 Primary Regulator FDIC Assets and Liabilities Assets $49.10 million Loans $38.46 million Deposits $43.77 million Equity Capital $5.19 million Loan Loss Allowance $405,000 Unbacked Noncurrent Loans $179,000 Real Estate Owned $25,000 Historic Data - March 2011 Assets $48.97 million Equity Capital $4.77 million Loan Loss Allowance $389,000 Unbacked Noncurrent Loans $252,000 Profit Margin - Quarterly Net Interest Margin 4.09% Return on Assets 2.1% Return on Equity 21.55% Interest Income $643,000

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 Red River State Bank had $204,000 in non-current loans and owned real-estate with $5.6 million in equity and loan loss allowances on hand to cover it. This gives Red River State Bank a Texas Ratio of 3.64% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Red River State Bank decreased slightly from 4.69% as of March 31, 2011 to 3.64% as of March 31, 2012, resulting in a positive change of 22.30%.This indicates that the balance sheet and financial strength for Red River State Bank has improved slightly in recent periods. Deposit Growth In the past year, Red River State Bank has decreased its total deposits by $-235,000, resulting in -0.53% 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 Red River State Bank has shown is 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. Red River State Bank has $49.1 million in assets with $5.6 million in equity, resulting in a capitalization level of 11.40%, which is above average.

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