Traverse City State Bank

Traverse City State Bank is headquartered in Traverse City and is the 69^th largest bank in the state of Michigan. It is also the 3,281^st largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 73 employees at 4 locations. Traverse City State Bank has a 4-star health rating.

Traverse City State Bank Routing Number: 072413997

Data for Q1 2012

Institution Statistics Traverse City State Bank FDIC Certificate # 35350 BankRate Report View Year Established 2000 Employees 73 Primary Regulator FDIC Assets and Liabilities Assets $187.50 million Loans $131.74 million Deposits $156.18 million Equity Capital $20.55 million Loan Loss Allowance $2.30 million Unbacked Noncurrent Loans $5.90 million Real Estate Owned $3.78 million Historic Data - March 2011 Assets $182.40 million Equity Capital $18.00 million Loan Loss Allowance $1.91 million Unbacked Noncurrent Loans $7.30 million Real Estate Owned $2.87 million Profit Margin - Quarterly Net Interest Margin 3.99% Return on Assets 0.67% Return on Equity 6.15% Interest Income $2.07 million

Institution Health Overall Score: 4 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 Traverse City State Bank had $9.69 million in non-current loans and owned real-estate with $22.85 million in equity and loan loss allowances on hand to cover it. This gives Traverse City State Bank a Texas Ratio of 42.40% 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 Traverse City State Bank decreased slightly from 51.04% as of March 31, 2011 to 42.40% as of March 31, 2012, resulting in a positive change of 16.94%.This indicates that the balance sheet and financial strength for Traverse City State Bank has improved slightly in recent periods. Deposit Growth In the past year, Traverse City State Bank has increased its total deposits by $3.62 million, resulting in 2.37% 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 Traverse City State 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. Traverse City State Bank has $187.5 million in assets with $22.85 million in equity, resulting in a capitalization level of 12.19%, which is excellent.

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