The First State Bank of Arcadia

The First State Bank of Arcadia is headquartered in Arcadia and is the 160^th largest bank in the state of Florida. It is also the 4,031^st largest bank in the nation. It was established in 1973 and as of March of 2012, it had grown to 46 employees at 3 locations. The First State Bank of Arcadia has a 4-star health rating.

Data for Q1 2012

Institution Statistics The First State Bank of Arcadia FDIC Certificate # 21163 BankRate Report View Year Established 1973 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $141.05 million Loans $82.05 million Deposits $123.08 million Equity Capital $12.50 million Loan Loss Allowance $3.41 million Unbacked Noncurrent Loans $2.26 million Real Estate Owned $235,000 Historic Data - March 2011 Assets $132.05 million Equity Capital $11.67 million Loan Loss Allowance $2.23 million Unbacked Noncurrent Loans $3.37 million Real Estate Owned $748,000 Profit Margin - Quarterly Net Interest Margin 4.59% Return on Assets 0.44% Return on Equity 4.83% Interest Income $1.66 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 First State Bank of Arcadia had $2.5 million in non-current loans and owned real-estate with $15.91 million in equity and loan loss allowances on hand to cover it. This gives The First State Bank of Arcadia a Texas Ratio of 15.69% 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 State Bank of Arcadia decreased significantly from 29.61% as of March 31, 2011 to 15.69% as of March 31, 2012, resulting in a positive change of 47.03%.This indicates that the balance sheet and financial strength for The First State Bank of Arcadia has improved significantly in recent periods. Deposit Growth In the past year, The First State Bank of Arcadia has increased its total deposits by $8.44 million, resulting in 7.37% 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 State Bank of Arcadia 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 State Bank of Arcadia has $141.05 million in assets with $15.91 million in equity, resulting in a capitalization level of 11.28%, which is above average.

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