The Merchants & Citizens Bank

The Merchants & Citizens Bank is headquartered in Mc Rae and is the 168^th largest bank in the state of Georgia. It is also the 4,856^th largest bank in the nation. It was established in 1929 and as of March of 2012, it had grown to 25 employees at 2 locations. The Merchants & Citizens Bank has a 5-star health rating.

Data for Q1 2012

Institution Statistics The Merchants & Citizens Bank FDIC Certificate # 183 BankRate Report View Year Established 1929 Employees 25 Primary Regulator FDIC Assets and Liabilities Assets $103.82 million Loans $40.94 million Deposits $87.17 million Equity Capital $14.96 million Loan Loss Allowance $1.13 million Unbacked Noncurrent Loans $1.74 million Real Estate Owned $86,000 Historic Data - March 2011 Assets $97.84 million Equity Capital $13.03 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $1.99 million Real Estate Owned $310,000 Profit Margin - Quarterly Net Interest Margin 4.36% Return on Assets 2.2% Return on Equity 15.34% Interest Income $1.15 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 Merchants & Citizens Bank had $1.82 million in non-current loans and owned real-estate with $16.09 million in equity and loan loss allowances on hand to cover it. This gives The Merchants & Citizens Bank a Texas Ratio of 11.33% 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 Merchants & Citizens Bank decreased slightly from 16.14% as of March 31, 2011 to 11.33% as of March 31, 2012, resulting in a positive change of 29.78%.This indicates that the balance sheet and financial strength for The Merchants & Citizens Bank has improved slightly in recent periods. Deposit Growth In the past year, The Merchants & Citizens Bank has increased its total deposits by $3.96 million, resulting in 4.75% 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 Merchants & Citizens Bank has shown is above 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 Merchants & Citizens Bank has $103.82 million in assets with $16.09 million in equity, resulting in a capitalization level of 15.50%, which is excellent.

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