State Bank of Cokato

State Bank of Cokato is headquartered in Cokato and is the 261^st largest bank in the state of Minnesota. It is also the 6,195^th largest bank in the nation. It was established in 1892 and as of March of 2012, it had grown to 15 employees at 3 locations. State Bank of Cokato has a 2-star health rating.

State Bank of Cokato Routing Number: 091904348

Data for Q1 2012

Institution Statistics State Bank of Cokato FDIC Certificate # 8185 BankRate Report View Year Established 1892 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $55.72 million Loans $29.32 million Deposits $53.33 million Equity Capital $2.32 million Loan Loss Allowance $791,000 Unbacked Noncurrent Loans $2.28 million Real Estate Owned $3.91 million Historic Data - March 2011 Assets $55.23 million Equity Capital $2.80 million Loan Loss Allowance $788,000 Unbacked Noncurrent Loans $1.47 million Real Estate Owned $4.07 million Profit Margin - Quarterly Net Interest Margin 2.94% Return on Assets -2.68% Return on Equity -58.76% Interest Income $463,000

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 State Bank of Cokato had $6.19 million in non-current loans and owned real-estate with $3.11 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Cokato a Texas Ratio of 199.36% which is poor. 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 Cokato increased slightly from 154.40% as of March 31, 2011 to 199.36% as of March 31, 2012, resulting in a negative change of 29.12%. This indicates that the balance sheet and financial strength for State Bank of Cokato has declined slightly in recent periods. Deposit Growth In the past year, State Bank of Cokato has increased its total deposits by $1.99 million, resulting in 3.88% 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 Cokato 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. State Bank of Cokato has $55.72 million in assets with $3.11 million in equity, resulting in a capitalization level of 5.58%, which is below average.

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