VantageSouth Bank

VantageSouth Bank is headquartered in Burlington and is the 53^rd largest bank in the state of North Carolina. It is also the 2,515^st largest bank in the nation. It was established in 2006 and as of March of 2012, it had grown to 51 employees at 5 locations. VantageSouth Bank has a 4-star health rating.

VantageSouth Bank Routing Number: 053112631

Data for Q1 2012

Institution Statistics VantageSouth Bank FDIC Certificate # 58136 BankRate Report View Year Established 2006 Employees 51 Primary Regulator FDIC Assets and Liabilities Assets $257.27 million Loans $190.67 million Deposits $217.74 million Equity Capital $26.58 million Loan Loss Allowance $870,000 Unbacked Noncurrent Loans $3.69 million Real Estate Owned $2.84 million Historic Data - March 2011 Assets $85.09 million Equity Capital $8.77 million Loan Loss Allowance $1.88 million Unbacked Noncurrent Loans $380,000 Real Estate Owned $863,000 Profit Margin - Quarterly Net Interest Margin 4.42% Return on Assets -0.19% Return on Equity -1.81% Interest Income $2.97 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 VantageSouth Bank had $6.54 million in non-current loans and owned real-estate with $27.45 million in equity and loan loss allowances on hand to cover it. This gives VantageSouth Bank a Texas Ratio of 23.81% 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 VantageSouth Bank increased slightly from 11.67% as of March 31, 2011 to 23.81% as of March 31, 2012, resulting in a negative change of 104.02%. This indicates that the balance sheet and financial strength for VantageSouth Bank has declined slightly in recent periods. Deposit Growth In the past year, VantageSouth Bank has increased its total deposits by $149.98 million, resulting in 221.34% 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 VantageSouth Bank 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. VantageSouth Bank has $257.27 million in assets with $27.45 million in equity, resulting in a capitalization level of 10.67%, which is above average.

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