Institution Statistics
| TriCentury Bank | | FDIC Certificate # | 18109 | | BankRate Report | View | | Year Established | 1909 | | Employees | 6 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $4.05 million | | Loans | $1.12 million | | Deposits | $3.54 million | | Equity Capital | $511,000 | | Loan Loss Allowance | $54,000 | | Unbacked Noncurrent Loans | $18,000 |
Historic Data - March 2011 | | Assets | $4.75 million | | Equity Capital | $464,000 | | Loan Loss Allowance | $64,000 | | Unbacked Noncurrent Loans | $25,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.34% | | Return on Assets | 1.99% | | Return on Equity | 15.95% | | Interest Income | $33,000 |
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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 TriCentury Bank had $18,000 in non-current loans and owned real-estate with $565,000 in equity and loan loss allowances on hand to cover it. This gives TriCentury Bank a Texas Ratio of 3.19% 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 TriCentury Bank decreased slightly from 4.73% as of March 31, 2011 to 3.19% as of March 31, 2012, resulting in a positive change of 32.72%.This indicates that the balance sheet and financial strength for TriCentury Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, TriCentury Bank has decreased its total deposits by $-747,000, resulting in -17.44% 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 TriCentury 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. TriCentury Bank has $4.05 million in assets with $565,000 in equity, resulting in a capitalization level of 13.95%, which is excellent. |
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