STAR Financial Bank

STAR Financial Bank is headquartered in Fort Wayne and is the 9^th largest bank in the state of Indiana. It is also the 417^st largest bank in the nation. It was established in 1988 and as of March of 2012, it had grown to 616 employees at 48 locations. STAR Financial Bank's savings rates are 2X the national average, and it has a 4-star health rating.

STAR Financial Bank Savings Account Rates

STAR Financial Bank Money Market Rates

STAR Financial Bank CD Rates

Data for Q1 2012

Institution Statistics STAR Financial Bank FDIC Certificate # 27235 BankRate Report View Year Established 1988 Employees 616 Primary Regulator FDIC Assets and Liabilities Assets $1.62 billion Loans $1.11 billion Deposits $1.33 billion Equity Capital $156.70 million Loan Loss Allowance $22.11 million Unbacked Noncurrent Loans $18.91 million Real Estate Owned $6.86 million Historic Data - March 2011 Assets $1.60 billion Equity Capital $145.23 million Loan Loss Allowance $21.72 million Unbacked Noncurrent Loans $26.52 million Real Estate Owned $4.00 million Profit Margin - Quarterly Net Interest Margin 3.82% Return on Assets 0.76% Return on Equity 7.95% Interest Income $15.57 million

Institution Health Overall Score: 4 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 STAR Financial Bank had $25.76 million in non-current loans and owned real-estate with $178.81 million in equity and loan loss allowances on hand to cover it. This gives STAR Financial Bank a Texas Ratio of 14.41% 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 STAR Financial Bank decreased slightly from 18.46% as of March 31, 2011 to 14.41% as of March 31, 2012, resulting in a positive change of 21.94%.This indicates that the balance sheet and financial strength for STAR Financial Bank has improved slightly in recent periods. Deposit Growth In the past year, STAR Financial Bank has increased its total deposits by $45.36 million, resulting in 3.52% 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 STAR Financial 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. STAR Financial Bank has $1.62 billion in assets with $178.81 million in equity, resulting in a capitalization level of 11.06%, which is above average.

No reviews have been left for this bank yet. Be the first to review.