The Garnavillo Savings Bank

The Garnavillo Savings Bank is headquartered in Garnavillo and is the 313^st largest bank in the state of Iowa. It is also the 6,766^th largest bank in the nation. It was established in 1904 and as of March of 2012, it had grown to 6 employees at 1 location. The Garnavillo Savings Bank's savings rates are 92% higher than the national average, and it has a 3-star health rating.

The Garnavillo Savings Bank Checking Account Rates

The Garnavillo Savings Bank Savings Account Rates

The Garnavillo Savings Bank Money Market Rates

The Garnavillo Savings Bank CD Rates

The Garnavillo Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics The Garnavillo Savings Bank FDIC Certificate # 10898 BankRate Report View Year Established 1904 Employees 6 Primary Regulator FDIC Assets and Liabilities Assets $37.16 million Loans $31.20 million Deposits $33.11 million Equity Capital $3.80 million Loan Loss Allowance $414,000 Unbacked Noncurrent Loans $1.09 million Real Estate Owned $180,000 Historic Data - March 2011 Assets $39.48 million Equity Capital $3.31 million Loan Loss Allowance $452,000 Unbacked Noncurrent Loans $867,000 Real Estate Owned $859,000 Profit Margin - Quarterly Net Interest Margin 4.36% Return on Assets 1.31% Return on Equity 13.15% Interest Income $477,000

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 Garnavillo Savings Bank had $1.27 million in non-current loans and owned real-estate with $4.22 million in equity and loan loss allowances on hand to cover it. This gives The Garnavillo Savings Bank a Texas Ratio of 30.06% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Garnavillo Savings Bank decreased slightly from 45.90% as of March 31, 2011 to 30.06% as of March 31, 2012, resulting in a positive change of 34.51%.This indicates that the balance sheet and financial strength for The Garnavillo Savings Bank has improved slightly in recent periods. Deposit Growth In the past year, The Garnavillo Savings Bank has decreased its total deposits by -$3.01 million, resulting in -8.34% 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 Garnavillo Savings Bank has shown is poor. 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 Garnavillo Savings Bank has $37.16 million in assets with $4.22 million in equity, resulting in a capitalization level of 11.35%, which is above average.

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