Thurston First Bank

Thurston First Bank is headquartered in Olympia and is the 53^rd largest bank in the state of Washington. It is also the 4,921^st largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 16 employees at 1 location. Thurston First Bank has a 2-star health rating.

Thurston First Bank Routing Number: 125108735

Data for Q1 2012

Institution Statistics Thurston First Bank FDIC Certificate # 57862 BankRate Report View Year Established 2004 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $101.18 million Loans $73.53 million Deposits $82.79 million Equity Capital $10.40 million Loan Loss Allowance $1.84 million Unbacked Noncurrent Loans $5.61 million Real Estate Owned $1.25 million Historic Data - March 2011 Assets $114.93 million Equity Capital $10.49 million Loan Loss Allowance $1.26 million Unbacked Noncurrent Loans $3.23 million Profit Margin - Quarterly Net Interest Margin 3.93% Return on Assets 0.79% Return on Equity 7.91% Interest Income $1.30 million

Institution Health Overall Score: 2 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 Thurston First Bank had $6.86 million in non-current loans and owned real-estate with $12.24 million in equity and loan loss allowances on hand to cover it. This gives Thurston First Bank a Texas Ratio of 56.04% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Thurston First Bank increased slightly from 27.52% as of March 31, 2011 to 56.04% as of March 31, 2012, resulting in a negative change of 103.63%. This indicates that the balance sheet and financial strength for Thurston First Bank has declined slightly in recent periods. Deposit Growth In the past year, Thurston First Bank has decreased its total deposits by -$12.62 million, resulting in -13.23% 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 Thurston First Bank has shown is poor. 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. Thurston First Bank has $101.18 million in assets with $12.24 million in equity, resulting in a capitalization level of 12.10%, which is excellent.

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