Institution Statistics
| Revere Bank | | FDIC Certificate # | 58640 | | BankRate Report | View | | Year Established | 2007 | | Employees | 53 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $307.78 million | | Loans | $241.51 million | | Deposits | $266.28 million | | Equity Capital | $26.83 million | | Loan Loss Allowance | $3.19 million |
Historic Data - March 2011 | | Assets | $188.08 million | | Equity Capital | $19.37 million | | Loan Loss Allowance | $1.92 million | | Unbacked Noncurrent Loans | $296,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.68% | | Return on Assets | 0.26% | | Return on Equity | 2.76% | | Interest Income | $3.26 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 Revere Bank had $0 in non-current loans and owned real-estate with $30.02 million in equity and loan loss allowances on hand to cover it. This gives Revere Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Revere Bank has increased its total deposits by $105.52 million, resulting in 65.64% 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 Revere 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. Revere Bank has $307.78 million in assets with $30.02 million in equity, resulting in a capitalization level of 9.75%, which is average. |
|
