Spivey State Bank

Spivey State Bank is headquartered in Swainsboro and is the 178^th largest bank in the state of Georgia. It is also the 5,074^th largest bank in the nation. It was established in 1953 and as of March of 2012, it had grown to 23 employees at 2 locations. Spivey State Bank has a 3-star health rating.

Spivey State Bank Routing Number: 061213001

Data for Q1 2012

Institution Statistics Spivey State Bank FDIC Certificate # 19389 BankRate Report View Year Established 1953 Employees 23 Primary Regulator FDIC Assets and Liabilities Assets $95.38 million Loans $64.17 million Deposits $86.42 million Equity Capital $8.75 million Loan Loss Allowance $690,000 Unbacked Noncurrent Loans $4.45 million Real Estate Owned $1.61 million Historic Data - March 2011 Assets $94.62 million Equity Capital $7.32 million Loan Loss Allowance $1.03 million Unbacked Noncurrent Loans $3.20 million Real Estate Owned $2.28 million Profit Margin - Quarterly Net Interest Margin 3.68% Return on Assets 0.93% Return on Equity 10.1% Interest Income $1.01 million

Institution Health Overall Score: 3 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 Spivey State Bank had $6.07 million in non-current loans and owned real-estate with $9.44 million in equity and loan loss allowances on hand to cover it. This gives Spivey State Bank a Texas Ratio of 64.28% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Spivey State Bank held steady from 65.74% as of March 31, 2011 to 64.28% as of March 31, 2012, resulting in a positive change of 2.21%.This indicates that the balance sheet and financial strength for Spivey State Bank has held steady in recent periods. Deposit Growth In the past year, Spivey State Bank has decreased its total deposits by $-667,000, resulting in -0.77% 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 Spivey State 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. Spivey State Bank has $95.38 million in assets with $9.44 million in equity, resulting in a capitalization level of 9.90%, which is average.

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