The Fidelity Bank

The Fidelity Bank is headquartered in Fuquay Varina and is the 13^st largest bank in the state of North Carolina. It is also the 454^th largest bank in the nation. It was established in 1909 and as of March of 2012, it had grown to 409 employees at 66 locations. The Fidelity Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics The Fidelity Bank FDIC Certificate # 11507 BankRate Report View Year Established 1909 Employees 409 Primary Regulator FDIC Assets and Liabilities Assets $1.46 billion Loans $778.63 million Deposits $1.27 billion Equity Capital $166.27 million Loan Loss Allowance $14.87 million Unbacked Noncurrent Loans $4.19 million Real Estate Owned $8.44 million Historic Data - March 2011 Assets $1.38 billion Equity Capital $165.15 million Loan Loss Allowance $15.16 million Unbacked Noncurrent Loans $9.54 million Real Estate Owned $3.84 million Profit Margin - Quarterly Net Interest Margin 3.3% Return on Assets 0.48% Return on Equity 4.21% Interest Income $12.40 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 Fidelity Bank had $12.63 million in non-current loans and owned real-estate with $181.14 million in equity and loan loss allowances on hand to cover it. This gives The Fidelity Bank a Texas Ratio of 6.97% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Fidelity Bank held steady from 7.42% as of March 31, 2011 to 6.97% as of March 31, 2012, resulting in a positive change of 6.09%.This indicates that the balance sheet and financial strength for The Fidelity Bank has held steady in recent periods. Deposit Growth In the past year, The Fidelity Bank has increased its total deposits by $80.01 million, resulting in 6.73% 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 Fidelity Bank 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 Fidelity Bank has $1.46 billion in assets with $181.14 million in equity, resulting in a capitalization level of 12.41%, which is excellent.

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