Shinhan Bank America

Shinhan Bank America is headquartered in New York and is the 46^th largest bank in the state of New York. It is also the 668^th largest bank in the nation. It was established in 1990 and as of March of 2012, it had grown to 212 employees at 15 locations. Shinhan Bank America has a 5-star health rating.

Shinhan Bank America Routing Number: 111026038

Data for Q1 2012

Institution Statistics Shinhan Bank America FDIC Certificate # 33188 BankRate Report View Year Established 1990 Employees 212 Primary Regulator FDIC Assets and Liabilities Assets $989.76 million Loans $760.97 million Deposits $877.96 million Equity Capital $98.54 million Loan Loss Allowance $29.44 million Unbacked Noncurrent Loans $9.58 million Real Estate Owned $8.83 million Historic Data - March 2011 Assets $952.98 million Equity Capital $93.89 million Loan Loss Allowance $38.86 million Unbacked Noncurrent Loans $27.86 million Real Estate Owned $10.36 million Profit Margin - Quarterly Net Interest Margin 4.34% Return on Assets 0.85% Return on Equity 8.52% Interest Income $11.36 million

Institution Health Overall Score: 5 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 Shinhan Bank America had $18.42 million in non-current loans and owned real-estate with $127.99 million in equity and loan loss allowances on hand to cover it. This gives Shinhan Bank America a Texas Ratio of 14.39% 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 Shinhan Bank America decreased significantly from 28.69% as of March 31, 2011 to 14.39% as of March 31, 2012, resulting in a positive change of 49.84%.This indicates that the balance sheet and financial strength for Shinhan Bank America has improved significantly in recent periods. Deposit Growth In the past year, Shinhan Bank America has increased its total deposits by $33.11 million, resulting in 3.92% 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 Shinhan Bank America 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. Shinhan Bank America has $989.76 million in assets with $127.99 million in equity, resulting in a capitalization level of 12.93%, which is excellent.

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