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Overview / Commentary
332 Walnut Street
Douglas, WY 82633

The Converse County Bank is headquartered in Douglas and is the 5th largest bank in the state of Wyoming. It is also the 1,498th largest bank in the nation. It was established in 1918 and as of March of 2014, it had grown to 61 employees at 1 location. The Converse County Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 The Converse County Bank had $12,000 in non-current loans and owned real-estate with $42.93 million in equity and loan loss allowances on hand to cover it. This gives The Converse County Bank a Texas Ratio of 0.03% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A+

In the past year, The Converse County Bank has increased its total deposits by $43.53 million, resulting in 11.92% 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 Converse County Bank has shown is excellent.

Capitalization

GRADE:
B

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 Converse County Bank has $449.86 million in assets with $42.93 million in equity, resulting in a capitalization level of 9.54%, which is above average.

Institution Statistics

Overall
FDIC Certificate #12591
Year Established1918
Employees61
Primary RegulatorFDIC
Assets and Liabilities
Assets$449.86 million
Loans$132.71 million
Deposits$408.73 million
Equity Capital$40.25 million
Loan Loss Allowance$2.69 million
Unbacked Noncurrent Loans$12,000
Real Estate Owned$0
Historic Data - March 2013
Assets$404.33 million
Equity Capital$38.37 million
Loan Loss Allowance$2.70 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.35%
Return on Assets1.23%
Return on Equity13.97%
Interest Income$3.06 million
Rates

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Locations


The Converse County Bank Locations
The Converse County Bank332 Walnut StreetDouglas, WY 82633