Roanoke Rapids Savings Bank, SSB

Roanoke Rapids Savings Bank, SSB is headquartered in Roanoke Rapids and is the 85^th largest bank in the state of North Carolina. It is also the 6,098^th largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 17 employees at 2 locations. Roanoke Rapids Savings Bank, SSB's money market rates are 93% higher than the national average, and it has a 4-star health rating.

Roanoke Rapids Savings Bank, SSB Routing Number: 253171197

Roanoke Rapids Savings Bank, SSB Checking Account Rates

Roanoke Rapids Savings Bank, SSB Savings Account Rates

Roanoke Rapids Savings Bank, SSB Money Market Rates

Roanoke Rapids Savings Bank, SSB CD Rates

Data for Q1 2012

Institution Statistics Roanoke Rapids Savings Bank, SSB FDIC Certificate # 28314 BankRate Report View Year Established 1914 Employees 17 Primary Regulator FDIC Assets and Liabilities Assets $58.96 million Loans $41.39 million Deposits $45.75 million Equity Capital $8.29 million Loan Loss Allowance $225,000 Unbacked Noncurrent Loans $123,000 Real Estate Owned $1.16 million Historic Data - March 2011 Assets $57.11 million Equity Capital $8.11 million Loan Loss Allowance $259,000 Unbacked Noncurrent Loans $291,000 Real Estate Owned $457,000 Profit Margin - Quarterly Net Interest Margin 3.67% Return on Assets 0.43% Return on Equity 3.05% Interest Income $668,000

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 Roanoke Rapids Savings Bank, SSB had $1.29 million in non-current loans and owned real-estate with $8.51 million in equity and loan loss allowances on hand to cover it. This gives Roanoke Rapids Savings Bank, SSB a Texas Ratio of 15.12% 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 Roanoke Rapids Savings Bank, SSB increased slightly from 8.93% as of March 31, 2011 to 15.12% as of March 31, 2012, resulting in a negative change of 69.27%. This indicates that the balance sheet and financial strength for Roanoke Rapids Savings Bank, SSB has declined slightly in recent periods. Deposit Growth In the past year, Roanoke Rapids Savings Bank, SSB has increased its total deposits by $1.81 million, resulting in 4.11% 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 Roanoke Rapids Savings Bank, SSB has shown is above 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. Roanoke Rapids Savings Bank, SSB has $58.96 million in assets with $8.51 million in equity, resulting in a capitalization level of 14.44%, which is excellent.