Institution Statistics
| Tarboro Savings Bank, SSB | | FDIC Certificate # | 29061 | | BankRate Report | View | | Year Established | 1906 | | Employees | 6 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $41.15 million | | Loans | $28.89 million | | Deposits | $35.83 million | | Equity Capital | $5.24 million | | Loan Loss Allowance | $72,000 | | Real Estate Owned | $93,000 |
Historic Data - March 2011 | | Assets | $37.31 million | | Equity Capital | $5.02 million | | Loan Loss Allowance | $72,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.95% | | Return on Assets | 0.57% | | Return on Equity | 4.45% | | Interest Income | $414,000 |
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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 Tarboro Savings Bank, SSB had $93,000 in non-current loans and owned real-estate with $5.31 million in equity and loan loss allowances on hand to cover it. This gives Tarboro Savings Bank, SSB a Texas Ratio of 1.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Tarboro Savings Bank, SSB has increased its total deposits by $3.57 million, resulting in 11.06% 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 Tarboro Savings Bank, SSB 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. Tarboro Savings Bank, SSB has $41.15 million in assets with $5.31 million in equity, resulting in a capitalization level of 12.91%, which is excellent. |
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