The La Porte Savings Bank

The La Porte Savings Bank is headquartered in La Porte and is the 29^th largest bank in the state of Indiana. It is also the 1,431^st largest bank in the nation. It was established in 1871 and as of March of 2012, it had grown to 106 employees at 8 locations. The La Porte Savings Bank has a 5-star health rating.

The La Porte Savings Bank Checking Account Rates

The La Porte Savings Bank Savings Account Rates

The La Porte Savings Bank Money Market Rates

The La Porte Savings Bank CD Rates

The La Porte Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics The La Porte Savings Bank FDIC Certificate # 9538 BankRate Report View Year Established 1871 Employees 106 Primary Regulator FDIC Assets and Liabilities Assets $468.19 million Loans $298.00 million Deposits $343.61 million Equity Capital $57.23 million Loan Loss Allowance $3.96 million Unbacked Noncurrent Loans $6.51 million Real Estate Owned $756,000 Historic Data - March 2011 Assets $441.44 million Equity Capital $53.50 million Loan Loss Allowance $3.53 million Unbacked Noncurrent Loans $6.84 million Real Estate Owned $1.83 million Profit Margin - Quarterly Net Interest Margin 3.56% Return on Assets 0.86% Return on Equity 7.19% Interest Income $4.99 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 La Porte Savings Bank had $7.27 million in non-current loans and owned real-estate with $61.2 million in equity and loan loss allowances on hand to cover it. This gives The La Porte Savings Bank a Texas Ratio of 11.88% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The La Porte Savings Bank decreased slightly from 15.18% as of March 31, 2011 to 11.88% as of March 31, 2012, resulting in a positive change of 21.78%.This indicates that the balance sheet and financial strength for The La Porte Savings Bank has improved slightly in recent periods. Deposit Growth In the past year, The La Porte Savings Bank has increased its total deposits by $19.3 million, resulting in 5.95% 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 La Porte Savings 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 La Porte Savings Bank has $468.19 million in assets with $61.2 million in equity, resulting in a capitalization level of 13.07%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.