Savings Bank of Mendocino County

Savings Bank of Mendocino County is headquartered in Ukiah and is the 54^th largest bank in the state of California. It is also the 714^st largest bank in the nation. It was established in 1903 and as of December of 2012, it had grown to 238 employees at 11 locations. Savings Bank of Mendocino County has a 4-star health rating.

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Data for Q4 2012

Institution Statistics Savings Bank of Mendocino County FDIC Certificate # 8011 BankRate Report View Year Established 1903 Employees 238 Primary Regulator FDIC Assets and Liabilities Assets $937.25 million Loans $340.20 million Deposits $783.57 million Equity Capital $150.43 million Loan Loss Allowance $13.68 million Unbacked Noncurrent Loans $34.16 million Real Estate Owned $874,000 Historic Data - December 2011 Assets $905.38 million Equity Capital $146.72 million Loan Loss Allowance $13.53 million Unbacked Noncurrent Loans $28.80 million Real Estate Owned $4.56 million Profit Margin - Quarterly Net Interest Margin 3.63% Return on Assets 1% Return on Equity 6.11% Interest Income $34.98 million

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 December 31, 2012 Savings Bank of Mendocino County had $35.03 million in non-current loans and owned real-estate with $164.11 million in equity and loan loss allowances on hand to cover it. This gives Savings Bank of Mendocino County a Texas Ratio of 21.35% 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 Savings Bank of Mendocino County held steady from 20.82% as of December 31, 2011 to 21.35% as of December 31, 2012, resulting in a negative change of 2.52%. This indicates that the balance sheet and financial strength for Savings Bank of Mendocino County has held steady in recent periods. Deposit Growth In the past year, Savings Bank of Mendocino County has increased its total deposits by $27.81 million, resulting in 3.68% 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 Savings Bank of Mendocino County 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. Savings Bank of Mendocino County has $937.25 million in assets with $164.11 million in equity, resulting in a capitalization level of 17.51%, which is excellent.

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