SSBBank

SSBBank is headquartered in Stockbridge and is the 113^st largest bank in the state of Michigan. It is also the 5,769^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 34 employees at 4 locations. SSBBank has a 2-star health rating.

SSBBank Routing Number: 072408546

Data for Q1 2012

Institution Statistics SSBBank FDIC Certificate # 5893 BankRate Report View Year Established 1908 Employees 34 Primary Regulator FDIC Assets and Liabilities Assets $70.00 million Loans $38.44 million Deposits $62.48 million Equity Capital $5.64 million Loan Loss Allowance $943,000 Unbacked Noncurrent Loans $2.06 million Real Estate Owned $437,000 Historic Data - March 2011 Assets $73.94 million Equity Capital $6.24 million Loan Loss Allowance $897,000 Unbacked Noncurrent Loans $1.94 million Real Estate Owned $612,000 Profit Margin - Quarterly Net Interest Margin 3.57% Return on Assets -0.23% Return on Equity -2.89% Interest Income $706,000

Institution Health Overall Score: 2 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 SSBBank had $2.49 million in non-current loans and owned real-estate with $6.59 million in equity and loan loss allowances on hand to cover it. This gives SSBBank a Texas Ratio of 37.83% 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 SSBBank held steady from 35.68% as of March 31, 2011 to 37.83% as of March 31, 2012, resulting in a negative change of 6.04%. This indicates that the balance sheet and financial strength for SSBBank has held steady in recent periods. Deposit Growth In the past year, SSBBank has decreased its total deposits by -$2.67 million, resulting in -4.1% 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 SSBBank has shown is below 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. SSBBank has $70 million in assets with $6.59 million in equity, resulting in a capitalization level of 9.41%, which is average.

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