Union State Bank of Hazen

Union State Bank of Hazen is headquartered in Hazen and is the 44^th largest bank in the state of North Dakota. It is also the 4,903^rd largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 42 employees at 5 locations. Union State Bank of Hazen has a 3-star health rating.

Data for Q1 2012

Institution Statistics Union State Bank of Hazen FDIC Certificate # 13195 BankRate Report View Year Established 1908 Employees 42 Primary Regulator FDIC Assets and Liabilities Assets $101.77 million Loans $57.40 million Deposits $90.98 million Equity Capital $9.89 million Loan Loss Allowance $1.39 million Unbacked Noncurrent Loans $3.53 million Real Estate Owned $893,000 Historic Data - March 2011 Assets $96.69 million Equity Capital $9.03 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $2.23 million Real Estate Owned $433,000 Profit Margin - Quarterly Net Interest Margin 4.36% Return on Assets 0.63% Return on Equity 6.36% Interest Income $1.04 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 Union State Bank of Hazen had $4.42 million in non-current loans and owned real-estate with $11.28 million in equity and loan loss allowances on hand to cover it. This gives Union State Bank of Hazen a Texas Ratio of 39.22% 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 Union State Bank of Hazen increased slightly from 25.11% as of March 31, 2011 to 39.22% as of March 31, 2012, resulting in a negative change of 56.16%. This indicates that the balance sheet and financial strength for Union State Bank of Hazen has declined slightly in recent periods. Deposit Growth In the past year, Union State Bank of Hazen has increased its total deposits by $4.38 million, resulting in 5.06% 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 Union State Bank of Hazen has shown is excellent. 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. Union State Bank of Hazen has $101.77 million in assets with $11.28 million in equity, resulting in a capitalization level of 11.08%, which is above average.

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