The Bank of Romney

The Bank of Romney is headquartered in Romney and is the 24^th largest bank in the state of West Virginia. It is also the 2,566^th largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 87 employees at 6 locations. The Bank of Romney has a 4-star health rating.

The Bank of Romney Routing Number: 052201925

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Data for Q1 2012

Institution Statistics The Bank of Romney FDIC Certificate # 845 BankRate Report View Year Established 1888 Employees 87 Primary Regulator FED Assets and Liabilities Assets $251.09 million Loans $171.29 million Deposits $200.94 million Equity Capital $24.85 million Loan Loss Allowance $2.64 million Unbacked Noncurrent Loans $5.31 million Real Estate Owned $2.81 million Historic Data - March 2011 Assets $246.70 million Equity Capital $24.78 million Loan Loss Allowance $2.61 million Unbacked Noncurrent Loans $6.98 million Real Estate Owned $1.35 million Profit Margin - Quarterly Net Interest Margin 4.16% Return on Assets 0.71% Return on Equity 7.17% Interest Income $3.08 million

Institution Health Overall Score: 4 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 Romney had $8.12 million in non-current loans and owned real-estate with $27.48 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Romney a Texas Ratio of 29.54% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Bank of Romney held steady from 30.41% as of March 31, 2011 to 29.54% as of March 31, 2012, resulting in a positive change of 2.86%.This indicates that the balance sheet and financial strength for The Bank of Romney has held steady in recent periods. Deposit Growth In the past year, The Bank of Romney has increased its total deposits by $9.77 million, resulting in 5.11% 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 Romney 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 Romney has $251.09 million in assets with $27.48 million in equity, resulting in a capitalization level of 10.95%, which is above average.

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