Springfield State Bank

Springfield State Bank is headquartered in Springfield and is the 51^st largest bank in the state of Kentucky. It is also the 2,483^rd largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 40 employees at 4 locations. Springfield State Bank has a 5-star health rating.

Springfield State Bank Routing Number: 083902620

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Data for Q1 2012

Institution Statistics Springfield State Bank FDIC Certificate # 8772 BankRate Report View Year Established 1911 Employees 40 Primary Regulator FDIC Assets and Liabilities Assets $259.60 million Loans $131.37 million Deposits $190.50 million Equity Capital $31.94 million Loan Loss Allowance $1.43 million Unbacked Noncurrent Loans $1.45 million Historic Data - March 2011 Assets $246.78 million Equity Capital $28.97 million Loan Loss Allowance $1.33 million Unbacked Noncurrent Loans $1.47 million Profit Margin - Quarterly Net Interest Margin 3.43% Return on Assets 1.14% Return on Equity 9.29% Interest Income $3.00 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 Springfield State Bank had $1.45 million in non-current loans and owned real-estate with $33.37 million in equity and loan loss allowances on hand to cover it. This gives Springfield State Bank a Texas Ratio of 4.34% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Springfield State Bank held steady from 4.84% as of March 31, 2011 to 4.34% as of March 31, 2012, resulting in a positive change of 10.41%.This indicates that the balance sheet and financial strength for Springfield State Bank has held steady in recent periods. Deposit Growth In the past year, Springfield State Bank has increased its total deposits by $7.82 million, resulting in 4.28% 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 Springfield 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. Springfield State Bank has $259.6 million in assets with $33.37 million in equity, resulting in a capitalization level of 12.85%, which is excellent.

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