Skowhegan Savings Bank

Skowhegan Savings Bank is headquartered in Skowhegan and is the 17^st largest bank in the state of Maine. It is also the 1,454^th largest bank in the nation. It was established in 1869 and as of March of 2012, it had grown to 110 employees at 13 locations. Skowhegan Savings Bank has a 4-star health rating.

Skowhegan Savings Bank Routing Number: 211274476

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Data for Q1 2012

Institution Statistics Skowhegan Savings Bank FDIC Certificate # 19532 BankRate Report View Year Established 1869 Employees 110 Primary Regulator FDIC Assets and Liabilities Assets $457.60 million Loans $300.30 million Deposits $310.96 million Equity Capital $65.86 million Loan Loss Allowance $2.84 million Unbacked Noncurrent Loans $6.79 million Real Estate Owned $2.54 million Historic Data - March 2011 Assets $454.18 million Equity Capital $61.65 million Loan Loss Allowance $3.26 million Unbacked Noncurrent Loans $6.77 million Real Estate Owned $2.43 million Profit Margin - Quarterly Net Interest Margin 3.44% Return on Assets 0.66% Return on Equity 4.55% Interest Income $4.79 million

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 Skowhegan Savings Bank had $9.33 million in non-current loans and owned real-estate with $68.71 million in equity and loan loss allowances on hand to cover it. This gives Skowhegan Savings Bank a Texas Ratio of 13.58% 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 Skowhegan Savings Bank held steady from 14.18% as of March 31, 2011 to 13.58% as of March 31, 2012, resulting in a positive change of 4.21%.This indicates that the balance sheet and financial strength for Skowhegan Savings Bank has held steady in recent periods. Deposit Growth In the past year, Skowhegan Savings Bank has decreased its total deposits by -$2.76 million, resulting in -0.88% 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 Skowhegan Savings Bank has shown is 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. Skowhegan Savings Bank has $457.6 million in assets with $68.71 million in equity, resulting in a capitalization level of 15.01%, which is excellent.

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