State Bank of New Richland

State Bank of New Richland is headquartered in New Richland and is the 183^rd largest bank in the state of Minnesota. It is also the 5,134^th largest bank in the nation. It was established in 1898 and as of March of 2012, it had grown to 10 employees at 1 location. State Bank of New Richland has a 5-star health rating.

Data for Q1 2012

Institution Statistics State Bank of New Richland FDIC Certificate # 9735 BankRate Report View Year Established 1898 Employees 10 Primary Regulator FDIC Assets and Liabilities Assets $93.12 million Loans $68.81 million Deposits $64.40 million Equity Capital $8.76 million Loan Loss Allowance $925,000 Unbacked Noncurrent Loans $603,000 Historic Data - March 2011 Assets $88.33 million Equity Capital $7.76 million Loan Loss Allowance $922,000 Unbacked Noncurrent Loans $1.56 million Real Estate Owned $91,000 Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 2.8% Return on Equity 30.03% Interest Income $1.36 million

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 New Richland had $603,000 in non-current loans and owned real-estate with $9.69 million in equity and loan loss allowances on hand to cover it. This gives State Bank of New Richland a Texas Ratio of 6.22% which is excellent. 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 New Richland decreased significantly from 18.99% as of March 31, 2011 to 6.22% as of March 31, 2012, resulting in a positive change of 67.22%.This indicates that the balance sheet and financial strength for State Bank of New Richland has improved significantly in recent periods. Deposit Growth In the past year, State Bank of New Richland has increased its total deposits by $3.67 million, resulting in 6.04% 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 New Richland 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 New Richland has $93.12 million in assets with $9.69 million in equity, resulting in a capitalization level of 10.40%, which is above average.

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