Taylorsville Savings Bank, SSB

Taylorsville Savings Bank, SSB is headquartered in Taylorsville and is the 77^th largest bank in the state of North Carolina. It is also the 5,209^th largest bank in the nation. It was established in 1921 and as of March of 2012, it had grown to 30 employees at 3 locations. Taylorsville Savings Bank, SSB has a 2-star health rating.

Data for Q1 2012

Institution Statistics Taylorsville Savings Bank, SSB FDIC Certificate # 32348 BankRate Report View Year Established 1921 Employees 30 Primary Regulator FDIC Assets and Liabilities Assets $90.45 million Loans $60.16 million Deposits $80.63 million Equity Capital $7.25 million Loan Loss Allowance $948,000 Unbacked Noncurrent Loans $2.22 million Real Estate Owned $502,000 Historic Data - March 2011 Assets $90.45 million Equity Capital $7.84 million Loan Loss Allowance $1.05 million Unbacked Noncurrent Loans $1.88 million Real Estate Owned $119,000 Profit Margin - Quarterly Net Interest Margin 3.51% Return on Assets 0.32% Return on Equity 4.04% Interest Income $929,000

Institution Health Overall Score: 2 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 Taylorsville Savings Bank, SSB had $2.72 million in non-current loans and owned real-estate with $8.2 million in equity and loan loss allowances on hand to cover it. This gives Taylorsville Savings Bank, SSB a Texas Ratio of 33.16% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Taylorsville Savings Bank, SSB increased slightly from 22.50% as of March 31, 2011 to 33.16% as of March 31, 2012, resulting in a negative change of 47.38%. This indicates that the balance sheet and financial strength for Taylorsville Savings Bank, SSB has declined slightly in recent periods. Deposit Growth In the past year, Taylorsville Savings Bank, SSB has increased its total deposits by $756,000, resulting in 0.95% 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 Taylorsville Savings Bank, SSB has shown is 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. Taylorsville Savings Bank, SSB has $90.45 million in assets with $8.2 million in equity, resulting in a capitalization level of 9.06%, which is average.

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