Spencer State Bank

Spencer State Bank is headquartered in Spencer and is the 207^th largest bank in the state of Nebraska. It is also the 7,208^th largest bank in the nation. It was established in 1922 and as of March of 2012, it had grown to 5 employees at 1 location. Spencer State Bank has a 5-star health rating.

Spencer State Bank Routing Number: 104112849

Data for Q1 2012

Institution Statistics Spencer State Bank FDIC Certificate # 12249 BankRate Report View Year Established 1922 Employees 5 Primary Regulator FDIC Assets and Liabilities Assets $16.98 million Loans $8.12 million Deposits $14.89 million Equity Capital $2.07 million Loan Loss Allowance $235,000 Unbacked Noncurrent Loans $193,000 Historic Data - March 2011 Assets $16.55 million Equity Capital $2.04 million Loan Loss Allowance $311,000 Unbacked Noncurrent Loans $282,000 Profit Margin - Quarterly Net Interest Margin 3.84% Return on Assets 0.45% Return on Equity 3.71% Interest Income $169,000

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 Spencer State Bank had $193,000 in non-current loans and owned real-estate with $2.31 million in equity and loan loss allowances on hand to cover it. This gives Spencer State Bank a Texas Ratio of 8.36% 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 Spencer State Bank decreased slightly from 12.01% as of March 31, 2011 to 8.36% as of March 31, 2012, resulting in a positive change of 30.37%.This indicates that the balance sheet and financial strength for Spencer State Bank has improved slightly in recent periods. Deposit Growth In the past year, Spencer State Bank has increased its total deposits by $403,000, resulting in 2.78% 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 Spencer State Bank 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. Spencer State Bank has $16.98 million in assets with $2.31 million in equity, resulting in a capitalization level of 13.59%, which is excellent.

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