Scotiabank de Puerto Rico

Scotiabank de Puerto Rico is headquartered in San Juan and is the 5^th largest bank in the state of PR. It is also the 142^nd largest bank in the nation. It was established in 1979 and as of March of 2012, it had grown to 1,532 employees at 5 locations. Scotiabank de Puerto Rico has a 3-star health rating.

Data for Q1 2012

Institution Statistics Scotiabank de Puerto Rico FDIC Certificate # 22946 BankRate Report View Year Established 1979 Employees 1532 Primary Regulator FDIC Assets and Liabilities Assets $6.58 billion Loans $4.93 billion Deposits $3.69 billion Equity Capital $799.76 million Loan Loss Allowance $112.81 million Unbacked Noncurrent Loans $735.15 million Real Estate Owned $6.90 million Historic Data - March 2011 Assets $6.69 billion Equity Capital $733.37 million Loan Loss Allowance $52.24 million Unbacked Noncurrent Loans $814.24 million Real Estate Owned $6.59 million Profit Margin - Quarterly Net Interest Margin 5.65% Return on Assets 1.35% Return on Equity 11.4% Interest Income $90.41 million

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 Scotiabank de Puerto Rico had $742.05 million in non-current loans and owned real-estate with $912.56 million in equity and loan loss allowances on hand to cover it. This gives Scotiabank de Puerto Rico a Texas Ratio of 81.31% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Scotiabank de Puerto Rico decreased slightly from 104.48% as of March 31, 2011 to 81.31% as of March 31, 2012, resulting in a positive change of 22.17%.This indicates that the balance sheet and financial strength for Scotiabank de Puerto Rico has improved slightly in recent periods. Deposit Growth In the past year, Scotiabank de Puerto Rico has increased its total deposits by $272.44 million, resulting in 7.98% 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 Scotiabank de Puerto Rico 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. Scotiabank de Puerto Rico has $6.58 billion in assets with $912.56 million in equity, resulting in a capitalization level of 13.88%, which is excellent.

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