State Bank & Trust of Kenmare

State Bank & Trust of Kenmare is headquartered in Kenmare and is the 38^th largest bank in the state of North Dakota. It is also the 4,437^th largest bank in the nation. It was established in 1925 and as of March of 2012, it had grown to 22 employees at 2 locations. State Bank & Trust of Kenmare has a 5-star health rating.

State Bank & Trust of Kenmare Routing Number: 091310916

Data for Q1 2012

Institution Statistics State Bank & Trust of Kenmare FDIC Certificate # 2057 BankRate Report View Year Established 1925 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $121.08 million Loans $60.89 million Deposits $111.70 million Equity Capital $8.33 million Loan Loss Allowance $765,000 Unbacked Noncurrent Loans $310,000 Historic Data - March 2011 Assets $107.63 million Equity Capital $7.49 million Loan Loss Allowance $749,000 Unbacked Noncurrent Loans $3,000 Real Estate Owned $375,000 Profit Margin - Quarterly Net Interest Margin 2.75% Return on Assets 1.11% Return on Equity 16.47% Interest Income $922,000

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 & Trust of Kenmare had $310,000 in non-current loans and owned real-estate with $9.1 million in equity and loan loss allowances on hand to cover it. This gives State Bank & Trust of Kenmare a Texas Ratio of 3.41% 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 & Trust of Kenmare decreased slightly from 4.59% as of March 31, 2011 to 3.41% as of March 31, 2012, resulting in a positive change of 25.77%.This indicates that the balance sheet and financial strength for State Bank & Trust of Kenmare has improved slightly in recent periods. Deposit Growth In the past year, State Bank & Trust of Kenmare has increased its total deposits by $12.69 million, resulting in 12.82% 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 & Trust of Kenmare 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 & Trust of Kenmare has $121.08 million in assets with $9.1 million in equity, resulting in a capitalization level of 7.51%, which is below average.

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