The Richwood Banking Company

The Richwood Banking Company is headquartered in Richwood and is the 54^th largest bank in the state of Ohio. It is also the 1,788^th largest bank in the nation. It was established in 1867 and as of March of 2012, it had grown to 85 employees at 6 locations. The Richwood Banking Company's savings rates are 2X the national average, and it boasts a 5-star health rating.

The Richwood Banking Company Checking Account Rates

The Richwood Banking Company Savings Account Rates

Data for Q1 2012

Institution Statistics The Richwood Banking Company FDIC Certificate # 12978 BankRate Report View Year Established 1867 Employees 85 Primary Regulator FED Assets and Liabilities Assets $372.59 million Loans $158.85 million Deposits $340.54 million Equity Capital $31.08 million Loan Loss Allowance $998,000 Unbacked Noncurrent Loans $639,000 Real Estate Owned $850,000 Historic Data - March 2011 Assets $346.15 million Equity Capital $24.45 million Loan Loss Allowance $598,000 Unbacked Noncurrent Loans $643,000 Real Estate Owned $2.58 million Profit Margin - Quarterly Net Interest Margin 3.32% Return on Assets 0.92% Return on Equity 10.9% Interest Income $3.38 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 Richwood Banking Company had $1.49 million in non-current loans and owned real-estate with $32.07 million in equity and loan loss allowances on hand to cover it. This gives The Richwood Banking Company a Texas Ratio of 4.64% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Richwood Banking Company decreased significantly from 12.86% as of March 31, 2011 to 4.64% as of March 31, 2012, resulting in a positive change of 63.89%.This indicates that the balance sheet and financial strength for The Richwood Banking Company has improved significantly in recent periods. Deposit Growth In the past year, The Richwood Banking Company has increased its total deposits by $20.17 million, resulting in 6.3% 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 Richwood Banking Company 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 Richwood Banking Company has $372.59 million in assets with $32.07 million in equity, resulting in a capitalization level of 8.61%, which is average.

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