State Bank of Burrton

State Bank of Burrton Locations
200 North Burrton Street
Burrton, KS 67020



State Bank of Burrton is headquartered in Burrton and is the 308th largest bank in the state of Kansas. It is also the 7,274th largest bank in the nation. It was established in 1947 and as of March of 2012, it had grown to 4 employees at 1 location. State Bank of Burrton has a 4-star health rating.

State Bank of Burrton Routing Number: 101114565


Data for Q1 2012


Institution Statistics


State Bank of Burrton
FDIC Certificate #16583
BankRate ReportView
Year Established1947
Employees4
Primary RegulatorFED

Assets and Liabilities

Assets$10.85 million
Loans$5.06 million
Deposits$9.75 million
Equity Capital$1.09 million
Loan Loss Allowance$144,000
Unbacked Noncurrent Loans$38,000
Real Estate Owned$163,000

Historic Data - March 2011

Assets$9.74 million
Equity Capital$1.02 million
Loan Loss Allowance$143,000
Unbacked Noncurrent Loans$47,000
Real Estate Owned$168,000

Profit Margin - Quarterly

Net Interest Margin3.69%
Return on Assets0.59%
Return on Equity5.52%
Interest Income$98,000

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 Burrton had $201,000 in non-current loans and owned real-estate with $1.24 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Burrton a Texas Ratio of 16.24% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for State Bank of Burrton held steady from 18.45% as of March 31, 2011 to 16.24% as of March 31, 2012, resulting in a positive change of 12.02%.This indicates that the balance sheet and financial strength for State Bank of Burrton has held steady in recent periods.
Deposit Growth5
In the past year, State Bank of Burrton has increased its total deposits by $1.04 million, resulting in 11.95% 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 Burrton has shown is excellent.
Capitalization4
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 Burrton has $10.85 million in assets with $1.24 million in equity, resulting in a capitalization level of 11.41%, which is above average.
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