Thumb National Bank and Trust Company

Thumb National Bank and Trust Company is headquartered in Pigeon and is the 57^th largest bank in the state of Michigan. It is also the 2,879^th largest bank in the nation. It was established in 1895 and as of March of 2012, it had grown to 62 employees at 5 locations. Thumb National Bank and Trust Company has a 3-star health rating.

Thumb National Bank and Trust Company Checking Account Rates

Thumb National Bank and Trust Company Savings Account Rates

Thumb National Bank and Trust Company Money Market Rates

Thumb National Bank and Trust Company CD Rates

Thumb National Bank and Trust Company IRA Rates

Data for Q1 2012

Institution Statistics Thumb National Bank and Trust Company FDIC Certificate # 14513 BankRate Report View Year Established 1895 Employees 62 Primary Regulator OCC Assets and Liabilities Assets $221.27 million Loans $144.39 million Deposits $193.75 million Equity Capital $18.78 million Loan Loss Allowance $2.90 million Unbacked Noncurrent Loans $6.13 million Real Estate Owned $344,000 Historic Data - March 2011 Assets $222.99 million Equity Capital $16.59 million Loan Loss Allowance $3.02 million Unbacked Noncurrent Loans $5.21 million Real Estate Owned $592,000 Profit Margin - Quarterly Net Interest Margin 4.03% Return on Assets 0.82% Return on Equity 9.67% Interest Income $2.52 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 Thumb National Bank and Trust Company had $6.48 million in non-current loans and owned real-estate with $21.68 million in equity and loan loss allowances on hand to cover it. This gives Thumb National Bank and Trust Company a Texas Ratio of 29.86% 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 Thumb National Bank and Trust Company held steady from 29.61% as of March 31, 2011 to 29.86% as of March 31, 2012, resulting in a negative change of 0.84%. This indicates that the balance sheet and financial strength for Thumb National Bank and Trust Company has held steady in recent periods. Deposit Growth In the past year, Thumb National Bank and Trust Company has increased its total deposits by $2.26 million, resulting in 1.18% 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 Thumb National Bank and Trust Company 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. Thumb National Bank and Trust Company has $221.27 million in assets with $21.68 million in equity, resulting in a capitalization level of 9.80%, which is average.

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