Institution Statistics
| The Bank of Fairfield | | FDIC Certificate # | 58880 | | BankRate Report | View | | Year Established | 2008 | | Employees | 16 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $119.03 million | | Loans | $106.54 million | | Deposits | $97.70 million | | Equity Capital | $12.86 million | | Loan Loss Allowance | $1.70 million |
Historic Data - March 2011 | | Assets | $93.87 million | | Equity Capital | $10.70 million | | Loan Loss Allowance | $1.39 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.55% | | Return on Assets | 0.22% | | Return on Equity | 1.99% | | Interest Income | $1.47 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 The Bank of Fairfield had $0 in non-current loans and owned real-estate with $14.56 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Fairfield a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, The Bank of Fairfield has increased its total deposits by $21.8 million, resulting in 28.72% 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 The Bank of Fairfield 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. The Bank of Fairfield has $119.03 million in assets with $14.56 million in equity, resulting in a capitalization level of 12.23%, which is excellent. |
|
