South Ottumwa Savings Bank

South Ottumwa Savings Bank is headquartered in Ottumwa and is the 50^th largest bank in the state of Iowa. It is also the 2,032^nd largest bank in the nation. It was established in 1903 and as of March of 2012, it had grown to 63 employees at 7 locations. South Ottumwa Savings Bank has a 4-star health rating.

South Ottumwa Savings Bank Routing Number: 073900690

Data for Q1 2012

Institution Statistics South Ottumwa Savings Bank FDIC Certificate # 9099 BankRate Report View Year Established 1903 Employees 63 Primary Regulator FDIC Assets and Liabilities Assets $320.48 million Loans $134.73 million Deposits $250.82 million Equity Capital $30.92 million Loan Loss Allowance $2.20 million Unbacked Noncurrent Loans $3.21 million Real Estate Owned $2.79 million Historic Data - March 2011 Assets $247.56 million Equity Capital $23.90 million Loan Loss Allowance $2.12 million Unbacked Noncurrent Loans $1.06 million Real Estate Owned $2.45 million Profit Margin - Quarterly Net Interest Margin 3.38% Return on Assets 1.37% Return on Equity 14.54% Interest Income $3.26 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 Ottumwa Savings Bank had $6 million in non-current loans and owned real-estate with $33.11 million in equity and loan loss allowances on hand to cover it. This gives South Ottumwa Savings Bank a Texas Ratio of 18.12% 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 Ottumwa Savings Bank held steady from 13.50% as of March 31, 2011 to 18.12% as of March 31, 2012, resulting in a negative change of 34.19%. This indicates that the balance sheet and financial strength for South Ottumwa Savings Bank has held steady in recent periods. Deposit Growth In the past year, South Ottumwa Savings Bank has increased its total deposits by $60.6 million, resulting in 31.86% 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 Ottumwa Savings 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. South Ottumwa Savings Bank has $320.48 million in assets with $33.11 million in equity, resulting in a capitalization level of 10.33%, which is above average.

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