The First National Bank of Palmerton

The First National Bank of Palmerton is headquartered in Palmerton and is the 50^th largest bank in the state of Pennsylvania. It is also the 957^th largest bank in the nation. It was established in 1907 and as of March of 2012, it had grown to 144 employees at 11 locations. The First National Bank of Palmerton has a 3-star health rating.

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Data for Q1 2012

Institution Statistics First Northern Bank and Trust Company FDIC Certificate # 7675 BankRate Report View Year Established 1907 Employees 144 Primary Regulator FED Assets and Liabilities Assets $694.49 million Loans $346.09 million Deposits $581.71 million Equity Capital $104.62 million Loan Loss Allowance $4.40 million Unbacked Noncurrent Loans $22.31 million Real Estate Owned $3.01 million Historic Data - March 2011 Assets $686.42 million Equity Capital $91.67 million Loan Loss Allowance $4.14 million Unbacked Noncurrent Loans $20.99 million Real Estate Owned $2.88 million Profit Margin - Quarterly Net Interest Margin 3.48% Return on Assets 0.66% Return on Equity 4.41% Interest Income $7.34 million

Institution Health Overall Score: 3 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 Palmerton had $25.32 million in non-current loans and owned real-estate with $109.02 million in equity and loan loss allowances on hand to cover it. This gives The First National Bank of Palmerton a Texas Ratio of 23.23% 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 Palmerton held steady from 24.91% as of March 31, 2011 to 23.23% as of March 31, 2012, resulting in a positive change of 6.76%.This indicates that the balance sheet and financial strength for The First National Bank of Palmerton has held steady in recent periods. Deposit Growth In the past year, The First National Bank of Palmerton has decreased its total deposits by -$9.25 million, resulting in -1.56% 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 Palmerton has shown is below average. 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 Palmerton has $694.49 million in assets with $109.02 million in equity, resulting in a capitalization level of 15.70%, which is excellent.

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