TrustAtlantic Bank

TrustAtlantic Bank is headquartered in Raleigh and is the 37^th largest bank in the state of North Carolina. It is also the 1,831^st largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 53 employees at 4 locations. TrustAtlantic Bank has a 4-star health rating.

TrustAtlantic Bank Routing Number: 053112343

Data for Q1 2012

Institution Statistics TrustAtlantic Bank FDIC Certificate # 35163 BankRate Report View Year Established 2000 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $361.87 million Loans $254.43 million Deposits $317.68 million Equity Capital $39.37 million Loan Loss Allowance $6.49 million Unbacked Noncurrent Loans $6.18 million Real Estate Owned $2.12 million Historic Data - March 2011 Assets $353.83 million Equity Capital $37.56 million Loan Loss Allowance $6.40 million Unbacked Noncurrent Loans $5.84 million Real Estate Owned $6.67 million Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 0.53% Return on Equity 4.89% Interest Income $4.25 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 TrustAtlantic Bank had $8.29 million in non-current loans and owned real-estate with $45.86 million in equity and loan loss allowances on hand to cover it. This gives TrustAtlantic Bank a Texas Ratio of 18.08% 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 TrustAtlantic Bank decreased slightly from 28.44% as of March 31, 2011 to 18.08% as of March 31, 2012, resulting in a positive change of 36.41%.This indicates that the balance sheet and financial strength for TrustAtlantic Bank has improved slightly in recent periods. Deposit Growth In the past year, TrustAtlantic Bank has increased its total deposits by $5.45 million, resulting in 1.75% 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 TrustAtlantic 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. TrustAtlantic Bank has $361.87 million in assets with $45.86 million in equity, resulting in a capitalization level of 12.67%, which is excellent.

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