The Putnam County National Bank of Carmel

The Putnam County National Bank of Carmel is headquartered in Carmel and is the 134^th largest bank in the state of New York. It is also the 3,666^th largest bank in the nation. It was established in 1865 and as of March of 2012, it had grown to 38 employees at 6 locations. The Putnam County National Bank of Carmel has a 3-star health rating.

Data for Q1 2012

Institution Statistics The Putnam County National Bank of Carmel FDIC Certificate # 6990 BankRate Report View Year Established 1865 Employees 38 Primary Regulator OCC Assets and Liabilities Assets $162.19 million Loans $87.79 million Deposits $120.69 million Equity Capital $41.18 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $4.77 million Real Estate Owned $4.14 million Historic Data - March 2011 Assets $166.05 million Equity Capital $41.22 million Loan Loss Allowance $1.77 million Unbacked Noncurrent Loans $5.67 million Real Estate Owned $3.57 million Profit Margin - Quarterly Net Interest Margin 3.53% Return on Assets 0.09% Return on Equity 0.35% Interest Income $1.45 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 Putnam County National Bank of Carmel had $8.9 million in non-current loans and owned real-estate with $42.39 million in equity and loan loss allowances on hand to cover it. This gives The Putnam County National Bank of Carmel a Texas Ratio of 21.01% 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 Putnam County National Bank of Carmel held steady from 21.51% as of March 31, 2011 to 21.01% as of March 31, 2012, resulting in a positive change of 2.32%.This indicates that the balance sheet and financial strength for The Putnam County National Bank of Carmel has held steady in recent periods. Deposit Growth In the past year, The Putnam County National Bank of Carmel has decreased its total deposits by -$3.84 million, resulting in -3.08% 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 Putnam County National Bank of Carmel 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 Putnam County National Bank of Carmel has $162.19 million in assets with $42.39 million in equity, resulting in a capitalization level of 26.13%, which is excellent.

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