Institution Statistics
| State Bank of Bellingham | | FDIC Certificate # | 17062 | | BankRate Report | View | | Year Established | 1942 | | Employees | 6 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $35.07 million | | Loans | $30.16 million | | Deposits | $31.98 million | | Equity Capital | $2.94 million | | Loan Loss Allowance | $240,000 |
Historic Data - March 2011 | | Assets | $31.15 million | | Equity Capital | $2.46 million | | Loan Loss Allowance | $228,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.54% | | Return on Assets | 1.56% | | Return on Equity | 19.68% | | Interest Income | $479,000 |
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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 State Bank of Bellingham had $0 in non-current loans and owned real-estate with $3.18 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Bellingham a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, State Bank of Bellingham has increased its total deposits by $3.45 million, resulting in 12.08% 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 State Bank of Bellingham has shown is excellent. | | 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. State Bank of Bellingham has $35.07 million in assets with $3.18 million in equity, resulting in a capitalization level of 9.06%, which is average. |
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