Resource Bank

Resource Bank is headquartered in Covington and is the 26^th largest bank in the state of Louisiana. It is also the 1,490^th largest bank in the nation. It was established in 1998 and as of March of 2012, it had grown to 117 employees at 10 locations. Resource Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Resource Bank FDIC Certificate # 34803 BankRate Report View Year Established 1998 Employees 117 Primary Regulator FDIC Assets and Liabilities Assets $448.32 million Loans $339.43 million Deposits $389.58 million Equity Capital $44.44 million Loan Loss Allowance $3.05 million Unbacked Noncurrent Loans $1.25 million Real Estate Owned $2.54 million Historic Data - March 2011 Assets $402.29 million Equity Capital $39.83 million Loan Loss Allowance $2.55 million Real Estate Owned $2.44 million Profit Margin - Quarterly Net Interest Margin 4.55% Return on Assets 1.18% Return on Equity 11.86% Interest Income $5.35 million

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 Resource Bank had $3.79 million in non-current loans and owned real-estate with $47.49 million in equity and loan loss allowances on hand to cover it. This gives Resource Bank a Texas Ratio of 7.98% 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 Resource Bank held steady from 5.76% as of March 31, 2011 to 7.98% as of March 31, 2012, resulting in a negative change of 38.46%. This indicates that the balance sheet and financial strength for Resource Bank has held steady in recent periods. Deposit Growth In the past year, Resource Bank has increased its total deposits by $45.31 million, resulting in 13.16% 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 Resource 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. Resource Bank has $448.32 million in assets with $47.49 million in equity, resulting in a capitalization level of 10.59%, which is above average.

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