SouthCity Bank

SouthCity Bank is headquartered in Vestavia Hills and is the 68^th largest bank in the state of Alabama. It is also the 3,520^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 21 employees at 1 location. SouthCity Bank has a 5-star health rating.

SouthCity Bank Routing Number: 062206651

Data for Q1 2012

Institution Statistics First Partners Bank FDIC Certificate # 58703 BankRate Report View Year Established 2007 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $170.64 million Loans $115.49 million Deposits $140.28 million Equity Capital $22.53 million Loan Loss Allowance $1.97 million Unbacked Noncurrent Loans $2.29 million Real Estate Owned $1.01 million Historic Data - March 2011 Assets $151.92 million Equity Capital $13.30 million Loan Loss Allowance $1.80 million Unbacked Noncurrent Loans $2.70 million Real Estate Owned $763,000 Profit Margin - Quarterly Net Interest Margin 4.12% Return on Assets 0.91% Return on Equity 6.75% Interest Income $1.89 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 SouthCity Bank had $3.3 million in non-current loans and owned real-estate with $24.5 million in equity and loan loss allowances on hand to cover it. This gives SouthCity Bank a Texas Ratio of 13.48% 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 SouthCity Bank decreased significantly from 22.95% as of March 31, 2011 to 13.48% as of March 31, 2012, resulting in a positive change of 41.26%.This indicates that the balance sheet and financial strength for SouthCity Bank has improved significantly in recent periods. Deposit Growth In the past year, SouthCity Bank has increased its total deposits by $11.59 million, resulting in 9% 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 SouthCity 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. SouthCity Bank has $170.64 million in assets with $24.5 million in equity, resulting in a capitalization level of 14.36%, which is excellent.

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