Ulster Savings Bank

Ulster Savings Bank is headquartered in Kingston and is the 62^nd largest bank in the state of New York. It is also the 933^rd largest bank in the nation. It was established in 1851 and as of March of 2012, it had grown to 309 employees at 14 locations. Ulster Savings Bank has a 3-star health rating.

Ulster Savings Bank Routing Number: 221971264

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Ulster Savings Bank CD Rates

Data for Q1 2012

Institution Statistics Ulster Savings Bank FDIC Certificate # 15970 BankRate Report View Year Established 1851 Employees 309 Primary Regulator FDIC Assets and Liabilities Assets $712.99 million Loans $567.47 million Deposits $621.77 million Equity Capital $88.62 million Loan Loss Allowance $7.60 million Unbacked Noncurrent Loans $35.47 million Real Estate Owned $5.40 million Historic Data - March 2011 Assets $721.79 million Equity Capital $84.12 million Loan Loss Allowance $5.49 million Unbacked Noncurrent Loans $33.94 million Real Estate Owned $3.47 million Profit Margin - Quarterly Net Interest Margin 4.28% Return on Assets 1.42% Return on Equity 11.6% Interest Income $7.80 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 Ulster Savings Bank had $40.88 million in non-current loans and owned real-estate with $96.22 million in equity and loan loss allowances on hand to cover it. This gives Ulster Savings Bank a Texas Ratio of 42.48% 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 Ulster Savings Bank held steady from 41.74% as of March 31, 2011 to 42.48% as of March 31, 2012, resulting in a negative change of 1.76%. This indicates that the balance sheet and financial strength for Ulster Savings Bank has held steady in recent periods. Deposit Growth In the past year, Ulster Savings Bank has decreased its total deposits by -$8.28 million, resulting in -1.31% 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 Ulster Savings Bank has shown is below 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. Ulster Savings Bank has $712.99 million in assets with $96.22 million in equity, resulting in a capitalization level of 13.50%, which is excellent.

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