State Savings Bank (IA)

State Savings Bank (IA) is headquartered in Rake and is the 268^th largest bank in the state of Iowa. It is also the 6,131^st largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 7 employees at 1 location. State Savings Bank (IA) has a 3-star health rating.

Data for Q1 2012

Institution Statistics State Savings Bank FDIC Certificate # 8513 BankRate Report View Year Established 1914 Employees 7 Primary Regulator FDIC Assets and Liabilities Assets $57.74 million Loans $46.23 million Deposits $52.19 million Equity Capital $5.11 million Loan Loss Allowance $435,000 Unbacked Noncurrent Loans $1.09 million Historic Data - March 2011 Assets $54.71 million Equity Capital $4.49 million Loan Loss Allowance $359,000 Unbacked Noncurrent Loans $483,000 Profit Margin - Quarterly Net Interest Margin 3.35% Return on Assets 1.31% Return on Equity 15.4% Interest Income $627,000

Institution Health Overall Score: 3 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 Savings Bank (IA) had $1.09 million in non-current loans and owned real-estate with $5.54 million in equity and loan loss allowances on hand to cover it. This gives State Savings Bank (IA) a Texas Ratio of 19.62% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for State Savings Bank (IA) increased slightly from 9.95% as of March 31, 2011 to 19.62% as of March 31, 2012, resulting in a negative change of 97.11%. This indicates that the balance sheet and financial strength for State Savings Bank (IA) has declined slightly in recent periods. Deposit Growth In the past year, State Savings Bank (IA) has increased its total deposits by $2.39 million, resulting in 4.8% 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 Savings Bank (IA) 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 Savings Bank (IA) has $57.74 million in assets with $5.54 million in equity, resulting in a capitalization level of 9.60%, which is average.

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