Superior Savings Bank

Superior Savings Bank is headquartered in Superior and is the 233^rd largest bank in the state of Wisconsin. It is also the 6,041^st largest bank in the nation. It was established in 1924 and as of March of 2012, it had grown to 21 employees at 3 locations. Superior Savings Bank has a 5-star health rating.

Superior Savings Bank Routing Number: 291871336

Superior Savings Bank Checking Account Rates

Superior Savings Bank Savings Account Rates

Superior Savings Bank Money Market Rates

Superior Savings Bank CD Rates

Superior Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics Superior Savings Bank FDIC Certificate # 28790 BankRate Report View Year Established 1924 Employees 21 Primary Regulator FDIC Assets and Liabilities Assets $61.25 million Loans $45.66 million Deposits $50.53 million Equity Capital $10.56 million Loan Loss Allowance $1.66 million Unbacked Noncurrent Loans $135,000 Real Estate Owned $80,000 Historic Data - March 2011 Assets $61.50 million Equity Capital $10.27 million Loan Loss Allowance $1.68 million Unbacked Noncurrent Loans $135,000 Real Estate Owned $630,000 Profit Margin - Quarterly Net Interest Margin 4.32% Return on Assets 0.78% Return on Equity 4.65% Interest Income $678,000

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 Superior Savings Bank had $215,000 in non-current loans and owned real-estate with $12.22 million in equity and loan loss allowances on hand to cover it. This gives Superior Savings Bank a Texas Ratio of 1.76% 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 Superior Savings Bank decreased significantly from 6.40% as of March 31, 2011 to 1.76% as of March 31, 2012, resulting in a positive change of 72.52%.This indicates that the balance sheet and financial strength for Superior Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Superior Savings Bank has decreased its total deposits by $-558,000, resulting in -1.09% 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 Superior Savings Bank has shown is below 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. Superior Savings Bank has $61.25 million in assets with $12.22 million in equity, resulting in a capitalization level of 19.96%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.