Institution Statistics
| Silex Banking Company | | FDIC Certificate # | 14178 | | BankRate Report | View | | Year Established | 1934 | | Employees | 11 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $66.98 million | | Loans | $26.23 million | | Deposits | $56.94 million | | Equity Capital | $9.81 million | | Loan Loss Allowance | $467,000 |
Historic Data - March 2011 | | Assets | $64.50 million | | Equity Capital | $9.59 million | | Loan Loss Allowance | $417,000 | | Real Estate Owned | $79,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.17% | | Return on Assets | 1.05% | | Return on Equity | 7.12% | | Interest Income | $612,000 |
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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 Silex Banking Company had $0 in non-current loans and owned real-estate with $10.28 million in equity and loan loss allowances on hand to cover it. This gives Silex Banking Company a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Silex Banking Company has increased its total deposits by $2.29 million, resulting in 4.19% 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 Silex Banking Company 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. Silex Banking Company has $66.98 million in assets with $10.28 million in equity, resulting in a capitalization level of 15.34%, which is excellent. |
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