Institution Statistics
| Waterford Bank, N.A. | | FDIC Certificate # | 58433 | | BankRate Report | View | | Year Established | 2007 | | Employees | 44 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $366.04 million | | Loans | $243.92 million | | Deposits | $326.62 million | | Equity Capital | $38.34 million | | Loan Loss Allowance | $3.21 million | | Real Estate Owned | $50,000 |
Historic Data - March 2011 | | Assets | $320.18 million | | Equity Capital | $33.82 million | | Loan Loss Allowance | $2.74 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.62% | | Return on Assets | 1.01% | | Return on Equity | 9.76% | | Interest Income | $3.63 million |
|
|
Institution Health
Overall Score:
5 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 Waterford Bank, N.A. had $50,000 in non-current loans and owned real-estate with $41.55 million in equity and loan loss allowances on hand to cover it. This gives Waterford Bank, N.A. a Texas Ratio of 0.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Waterford Bank, N.A. has increased its total deposits by $41.7 million, resulting in 14.64% 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 Waterford Bank, N.A. 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. Waterford Bank, N.A. has $366.04 million in assets with $41.55 million in equity, resulting in a capitalization level of 11.35%, which is above average. |
|
