Waterman State Bank

Waterman State Bank is headquartered in Waterman and is the 486^th largest bank in the state of Illinois. It is also the 6,494^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 8 employees at 1 location. Waterman State Bank's savings rates are 92% higher than the national average, and it has a 3-star health rating.

Waterman State Bank Routing Number: 071916482

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Data for Q1 2012

Institution Statistics Waterman State Bank FDIC Certificate # 10878 BankRate Report View Year Established 1908 Employees 8 Primary Regulator FDIC Assets and Liabilities Assets $45.55 million Loans $22.69 million Deposits $38.90 million Equity Capital $4.12 million Loan Loss Allowance $582,000 Unbacked Noncurrent Loans $1.32 million Real Estate Owned $133,000 Historic Data - March 2011 Assets $45.03 million Equity Capital $3.69 million Loan Loss Allowance $510,000 Unbacked Noncurrent Loans $759,000 Real Estate Owned $150,000 Profit Margin - Quarterly Net Interest Margin 3.3% Return on Assets -0.24% Return on Equity -2.7% Interest Income $441,000

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 Waterman State Bank had $1.46 million in non-current loans and owned real-estate with $4.7 million in equity and loan loss allowances on hand to cover it. This gives Waterman State Bank a Texas Ratio of 30.99% 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 Waterman State Bank increased slightly from 21.65% as of March 31, 2011 to 30.99% as of March 31, 2012, resulting in a negative change of 43.13%. This indicates that the balance sheet and financial strength for Waterman State Bank has declined slightly in recent periods. Deposit Growth In the past year, Waterman State Bank has increased its total deposits by $994,000, resulting in 2.62% 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 Waterman State Bank has shown is above 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. Waterman State Bank has $45.55 million in assets with $4.7 million in equity, resulting in a capitalization level of 10.32%, which is above average.

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