Wauchula State Bank

Wauchula State Bank is headquartered in Wauchula and is the 42^nd largest bank in the state of Florida. It is also the 1,124^th largest bank in the nation. It was established in 1929 and as of March of 2012, it had grown to 138 employees at 6 locations. Wauchula State Bank has a 4-star health rating.

Wauchula State Bank Routing Number: 063104927

Data for Q1 2012

Institution Statistics Wauchula State Bank FDIC Certificate # 8021 BankRate Report View Year Established 1929 Employees 138 Primary Regulator FDIC Assets and Liabilities Assets $594.57 million Loans $380.05 million Deposits $524.11 million Equity Capital $56.27 million Loan Loss Allowance $9.46 million Unbacked Noncurrent Loans $15.56 million Real Estate Owned $3.95 million Historic Data - March 2011 Assets $570.38 million Equity Capital $50.06 million Loan Loss Allowance $7.33 million Unbacked Noncurrent Loans $13.68 million Real Estate Owned $6.12 million Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 1.79% Return on Equity 19.18% Interest Income $7.12 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 Wauchula State Bank had $19.51 million in non-current loans and owned real-estate with $65.73 million in equity and loan loss allowances on hand to cover it. This gives Wauchula State Bank a Texas Ratio of 29.68% 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 Wauchula State Bank held steady from 34.49% as of March 31, 2011 to 29.68% as of March 31, 2012, resulting in a positive change of 13.94%.This indicates that the balance sheet and financial strength for Wauchula State Bank has held steady in recent periods. Deposit Growth In the past year, Wauchula State Bank has increased its total deposits by $17.72 million, resulting in 3.5% 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 Wauchula 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. Wauchula State Bank has $594.57 million in assets with $65.73 million in equity, resulting in a capitalization level of 11.05%, which is above average.

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