State Bank of Brooks

State Bank of Brooks is headquartered in Corning and is the 339^th largest bank in the state of Iowa. It is also the 7,213^st largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 3 employees at 1 location. State Bank of Brooks has a 5-star health rating.

State Bank of Brooks Routing Number: 073912222

Data for Q1 2012

Institution Statistics State Bank of Brooks FDIC Certificate # 25260 BankRate Report View Year Established 1914 Employees 3 Primary Regulator FDIC Assets and Liabilities Assets $16.50 million Loans $3.67 million Deposits $14.57 million Equity Capital $1.88 million Loan Loss Allowance $121,000 Unbacked Noncurrent Loans $225,000 Historic Data - March 2011 Assets $14.25 million Equity Capital $1.84 million Loan Loss Allowance $114,000 Unbacked Noncurrent Loans $340,000 Profit Margin - Quarterly Net Interest Margin 2.84% Return on Assets 1.17% Return on Equity 9.71% Interest Income $110,000

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 Brooks had $225,000 in non-current loans and owned real-estate with $2 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Brooks a Texas Ratio of 11.26% 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 State Bank of Brooks decreased slightly from 17.43% as of March 31, 2011 to 11.26% as of March 31, 2012, resulting in a positive change of 35.38%.This indicates that the balance sheet and financial strength for State Bank of Brooks has improved slightly in recent periods. Deposit Growth In the past year, State Bank of Brooks has increased its total deposits by $2.2 million, resulting in 17.8% 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 Brooks 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 Brooks has $16.5 million in assets with $2 million in equity, resulting in a capitalization level of 12.11%, which is excellent.

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