Institution Statistics
| Saco & Biddeford Savings Institution | | FDIC Certificate # | 17743 | | BankRate Report | View | | Year Established | 1827 | | Employees | 167 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $761.90 million | | Loans | $589.92 million | | Deposits | $533.66 million | | Equity Capital | $72.36 million | | Loan Loss Allowance | $4.14 million | | Unbacked Noncurrent Loans | $10.01 million | | Real Estate Owned | $2.77 million |
Historic Data - March 2011 | | Assets | $752.57 million | | Equity Capital | $70.68 million | | Loan Loss Allowance | $3.73 million | | Unbacked Noncurrent Loans | $17.67 million | | Real Estate Owned | $1.41 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.16% | | Return on Assets | 0.53% | | Return on Equity | 5.62% | | Interest Income | $8.50 million |
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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 Saco & Biddeford Savings Institution had $12.78 million in non-current loans and owned real-estate with $76.49 million in equity and loan loss allowances on hand to cover it. This gives Saco & Biddeford Savings Institution a Texas Ratio of 16.71% 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 Saco & Biddeford Savings Institution decreased slightly from 25.62% as of March 31, 2011 to 16.71% as of March 31, 2012, resulting in a positive change of 34.79%.This indicates that the balance sheet and financial strength for Saco & Biddeford Savings Institution has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Saco & Biddeford Savings Institution has increased its total deposits by $35.95 million, resulting in 7.22% 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 Saco & Biddeford Savings Institution 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. Saco & Biddeford Savings Institution has $761.9 million in assets with $76.49 million in equity, resulting in a capitalization level of 10.04%, which is above average. |
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