Sherwood Community Bank

Sherwood Community Bank is headquartered in Creighton and is the 299^th largest bank in the state of Missouri. It is also the 6,736^th largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 16 employees at 3 locations. Sherwood Community Bank has a 4-star health rating.

Sherwood Community Bank Routing Number: 101209412

Data for Q1 2012

Institution Statistics Sherwood Community Bank FDIC Certificate # 1612 BankRate Report View Year Established 1902 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $38.15 million Loans $18.43 million Deposits $34.22 million Equity Capital $3.88 million Loan Loss Allowance $335,000 Unbacked Noncurrent Loans $557,000 Historic Data - March 2011 Assets $33.14 million Equity Capital $3.61 million Loan Loss Allowance $373,000 Unbacked Noncurrent Loans $260,000 Profit Margin - Quarterly Net Interest Margin 4.31% Return on Assets -0.16% Return on Equity -1.54% Interest Income $393,000

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 Sherwood Community Bank had $557,000 in non-current loans and owned real-estate with $4.21 million in equity and loan loss allowances on hand to cover it. This gives Sherwood Community Bank a Texas Ratio of 13.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Sherwood Community Bank increased slightly from 6.52% as of March 31, 2011 to 13.23% as of March 31, 2012, resulting in a negative change of 102.83%. This indicates that the balance sheet and financial strength for Sherwood Community Bank has declined slightly in recent periods. Deposit Growth In the past year, Sherwood Community Bank has increased its total deposits by $4.77 million, resulting in 16.18% 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 Sherwood Community 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. Sherwood Community Bank has $38.15 million in assets with $4.21 million in equity, resulting in a capitalization level of 11.03%, which is above average.

No reviews have been left for this bank yet. Be the first to review.