Saigon National Bank

Saigon National Bank is headquartered in Westminster and is the 242^nd largest bank in the state of California. It is also the 6,183^rd largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 14 employees at 1 location. Saigon National Bank has a 3-star health rating.

Saigon National Bank Routing Number: 122244032

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Data for Q1 2012

Institution Statistics Saigon National Bank FDIC Certificate # 57974 BankRate Report View Year Established 2005 Employees 14 Primary Regulator OCC Assets and Liabilities Assets $56.15 million Loans $31.14 million Deposits $43.25 million Equity Capital $8.85 million Loan Loss Allowance $1.79 million Unbacked Noncurrent Loans $1.27 million Real Estate Owned $4.42 million Historic Data - March 2011 Assets $58.82 million Equity Capital $7.47 million Loan Loss Allowance $2.21 million Unbacked Noncurrent Loans $4.22 million Real Estate Owned $1.74 million Profit Margin - Quarterly Net Interest Margin 3.81% Return on Assets -0.81% Return on Equity -5.16% Interest Income $607,000

Institution Health Overall Score: 3 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 Saigon National Bank had $5.7 million in non-current loans and owned real-estate with $10.64 million in equity and loan loss allowances on hand to cover it. This gives Saigon National Bank a Texas Ratio of 53.53% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Saigon National Bank held steady from 61.60% as of March 31, 2011 to 53.53% as of March 31, 2012, resulting in a positive change of 13.10%.This indicates that the balance sheet and financial strength for Saigon National Bank has held steady in recent periods. Deposit Growth In the past year, Saigon National Bank has decreased its total deposits by -$5.96 million, resulting in -12.12% 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 Saigon National Bank has shown is poor. 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. Saigon National Bank has $56.15 million in assets with $10.64 million in equity, resulting in a capitalization level of 18.96%, which is excellent.

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