Volunteer State Bank

Volunteer State Bank is headquartered in Portland and is the 42^nd largest bank in the state of Tennessee. It is also the 1,783^rd largest bank in the nation. It was established in 1977 and as of March of 2012, it had grown to 192 employees at 9 locations. Volunteer State Bank has a 3-star health rating.

Volunteer State Bank Routing Number: 064102999

Data for Q1 2012

Institution Statistics Volunteer State Bank FDIC Certificate # 22451 BankRate Report View Year Established 1977 Employees 192 Primary Regulator FDIC Assets and Liabilities Assets $373.95 million Loans $278.94 million Deposits $320.58 million Equity Capital $33.82 million Loan Loss Allowance $3.63 million Unbacked Noncurrent Loans $5.67 million Real Estate Owned $3.01 million Historic Data - March 2011 Assets $383.72 million Equity Capital $31.52 million Loan Loss Allowance $3.35 million Unbacked Noncurrent Loans $3.63 million Real Estate Owned $3.12 million Profit Margin - Quarterly Net Interest Margin 3.96% Return on Assets 2.04% Return on Equity 22.97% Interest Income $4.05 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 Volunteer State Bank had $8.68 million in non-current loans and owned real-estate with $37.46 million in equity and loan loss allowances on hand to cover it. This gives Volunteer State Bank a Texas Ratio of 23.18% 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 Volunteer State Bank held steady from 19.23% as of March 31, 2011 to 23.18% as of March 31, 2012, resulting in a negative change of 20.53%. This indicates that the balance sheet and financial strength for Volunteer State Bank has held steady in recent periods. Deposit Growth In the past year, Volunteer State Bank has decreased its total deposits by -$20.47 million, resulting in -6% 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 Volunteer State 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. Volunteer State Bank has $373.95 million in assets with $37.46 million in equity, resulting in a capitalization level of 10.02%, which is above average.

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