Sherburne State Bank

Sherburne State Bank is headquartered in Becker and is the 217^st largest bank in the state of Minnesota. It is also the 5,636^th largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 27 employees at 4 locations. Sherburne State Bank has a 3-star health rating.

Sherburne State Bank Routing Number: 091915201

Data for Q1 2012

Institution Statistics Sherburne State Bank FDIC Certificate # 10169 BankRate Report View Year Established 1920 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $74.90 million Loans $42.29 million Deposits $66.98 million Equity Capital $7.76 million Loan Loss Allowance $318,000 Unbacked Noncurrent Loans $2.21 million Real Estate Owned $3.07 million Historic Data - March 2011 Assets $71.82 million Equity Capital $4.91 million Loan Loss Allowance $3.70 million Unbacked Noncurrent Loans $2.15 million Real Estate Owned $3.41 million Profit Margin - Quarterly Net Interest Margin 6.45% Return on Assets 1.68% Return on Equity 15.95% Interest Income $1.02 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 Sherburne State Bank had $5.29 million in non-current loans and owned real-estate with $8.08 million in equity and loan loss allowances on hand to cover it. This gives Sherburne State Bank a Texas Ratio of 65.45% 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 Sherburne State Bank held steady from 64.54% as of March 31, 2011 to 65.45% as of March 31, 2012, resulting in a negative change of 1.42%. This indicates that the balance sheet and financial strength for Sherburne State Bank has held steady in recent periods. Deposit Growth In the past year, Sherburne State Bank has increased its total deposits by $4.88 million, resulting in 7.85% 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 Sherburne State Bank 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. Sherburne State Bank has $74.9 million in assets with $8.08 million in equity, resulting in a capitalization level of 10.78%, which is above average.

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