The First National Bank of Gilbert

The First National Bank of Gilbert is headquartered in Gilbert and is the 337^th largest bank in the state of Minnesota. It is also the 6,990^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 11 employees at 1 location. The First National Bank of Gilbert's savings rates are 44% higher than the national average, and it has a 4-star health rating.

The First National Bank of Gilbert Checking Account Rates

The First National Bank of Gilbert Savings Account Rates

The First National Bank of Gilbert CD Rates

Data for Q1 2012

Institution Statistics The First National Bank of Gilbert FDIC Certificate # 5150 BankRate Report View Year Established 1908 Employees 11 Primary Regulator OCC Assets and Liabilities Assets $28.43 million Loans $11.22 million Deposits $24.56 million Equity Capital $3.58 million Loan Loss Allowance $177,000 Unbacked Noncurrent Loans $643,000 Real Estate Owned $222,000 Historic Data - March 2011 Assets $24.97 million Equity Capital $3.49 million Loan Loss Allowance $172,000 Unbacked Noncurrent Loans $694,000 Real Estate Owned $65,000 Profit Margin - Quarterly Net Interest Margin 3.38% Return on Assets 0.29% Return on Equity 2.23% Interest Income $250,000

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 First National Bank of Gilbert had $865,000 in non-current loans and owned real-estate with $3.75 million in equity and loan loss allowances on hand to cover it. This gives The First National Bank of Gilbert a Texas Ratio of 23.04% 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 First National Bank of Gilbert held steady from 20.72% as of March 31, 2011 to 23.04% as of March 31, 2012, resulting in a negative change of 11.23%. This indicates that the balance sheet and financial strength for The First National Bank of Gilbert has held steady in recent periods. Deposit Growth In the past year, The First National Bank of Gilbert has increased its total deposits by $3.35 million, resulting in 15.79% 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 First National Bank of Gilbert 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 First National Bank of Gilbert has $28.43 million in assets with $3.75 million in equity, resulting in a capitalization level of 13.20%, which is excellent.

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