Stonegate Bank

Stonegate Bank is headquartered in Fort Lauderdale and is the 27^th largest bank in the state of Florida. It is also the 739^th largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 109 employees at 10 locations. Stonegate Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics Stonegate Bank FDIC Certificate # 57934 BankRate Report View Year Established 2005 Employees 109 Primary Regulator FDIC Assets and Liabilities Assets $899.94 million Loans $618.57 million Deposits $712.39 million Equity Capital $119.79 million Loan Loss Allowance $15.09 million Unbacked Noncurrent Loans $9.84 million Real Estate Owned $5.40 million Historic Data - March 2011 Assets $761.84 million Equity Capital $104.20 million Loan Loss Allowance $10.81 million Unbacked Noncurrent Loans $8.46 million Real Estate Owned $6.15 million Profit Margin - Quarterly Net Interest Margin 4.14% Return on Assets 1.02% Return on Equity 7.54% Interest Income $9.86 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 Stonegate Bank had $15.24 million in non-current loans and owned real-estate with $134.88 million in equity and loan loss allowances on hand to cover it. This gives Stonegate Bank a Texas Ratio of 11.30% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Stonegate Bank held steady from 12.70% as of March 31, 2011 to 11.30% as of March 31, 2012, resulting in a positive change of 11.03%.This indicates that the balance sheet and financial strength for Stonegate Bank has held steady in recent periods. Deposit Growth In the past year, Stonegate Bank has increased its total deposits by $121.28 million, resulting in 20.52% 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 Stonegate Bank 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. Stonegate Bank has $899.94 million in assets with $134.88 million in equity, resulting in a capitalization level of 14.99%, which is excellent.

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