South Central Bank of Bowling Green, Inc.

South Central Bank of Bowling Green, Inc. is headquartered in Bowling Green and is the 60^th largest bank in the state of Kentucky. It is also the 2,809^th largest bank in the nation. It was established in 1989 and as of March of 2012, it had grown to 57 employees at 7 locations. South Central Bank of Bowling Green, Inc. has a 4-star health rating.

Data for Q1 2012

Institution Statistics South Central Bank of Bowling Green, Inc. FDIC Certificate # 27485 BankRate Report View Year Established 1989 Employees 57 Primary Regulator FDIC Assets and Liabilities Assets $227.00 million Loans $150.79 million Deposits $190.42 million Equity Capital $26.65 million Loan Loss Allowance $3.07 million Unbacked Noncurrent Loans $6.25 million Real Estate Owned $1.39 million Historic Data - March 2011 Assets $227.60 million Equity Capital $25.36 million Loan Loss Allowance $3.13 million Unbacked Noncurrent Loans $6.94 million Real Estate Owned $207,000 Profit Margin - Quarterly Net Interest Margin 3.29% Return on Assets 0.61% Return on Equity 5.27% Interest Income $2.20 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 South Central Bank of Bowling Green, Inc. had $7.64 million in non-current loans and owned real-estate with $29.72 million in equity and loan loss allowances on hand to cover it. This gives South Central Bank of Bowling Green, Inc. a Texas Ratio of 25.72% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for South Central Bank of Bowling Green, Inc. held steady from 25.10% as of March 31, 2011 to 25.72% as of March 31, 2012, resulting in a negative change of 2.46%. This indicates that the balance sheet and financial strength for South Central Bank of Bowling Green, Inc. has held steady in recent periods. Deposit Growth In the past year, South Central Bank of Bowling Green, Inc. has decreased its total deposits by $-212,000, resulting in -0.11% 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 South Central Bank of Bowling Green, Inc. 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. South Central Bank of Bowling Green, Inc. has $227 million in assets with $29.72 million in equity, resulting in a capitalization level of 13.09%, which is excellent.

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