Waukon State Bank

Waukon State Bank is headquartered in Waukon and is the 79^th largest bank in the state of Iowa. It is also the 2,866^th largest bank in the nation. It was established in 1871 and as of March of 2012, it had grown to 38 employees at 4 locations. Waukon State Bank's savings rates are 2X the national average, and it boasts a 5-star health rating.

Waukon State Bank Routing Number: 073903985

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Data for Q1 2012

Institution Statistics Waukon State Bank FDIC Certificate # 1857 BankRate Report View Year Established 1871 Employees 38 Primary Regulator FED Assets and Liabilities Assets $222.62 million Loans $160.05 million Deposits $191.50 million Equity Capital $27.93 million Loan Loss Allowance $2.48 million Unbacked Noncurrent Loans $1.68 million Historic Data - March 2011 Assets $116.64 million Equity Capital $13.39 million Loan Loss Allowance $1.23 million Unbacked Noncurrent Loans $1.89 million Profit Margin - Quarterly Net Interest Margin 4.04% Return on Assets 2.34% Return on Equity 19.17% Interest Income $2.57 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 Waukon State Bank had $1.68 million in non-current loans and owned real-estate with $30.41 million in equity and loan loss allowances on hand to cover it. This gives Waukon State Bank a Texas Ratio of 5.52% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Waukon State Bank decreased significantly from 12.92% as of March 31, 2011 to 5.52% as of March 31, 2012, resulting in a positive change of 57.28%.This indicates that the balance sheet and financial strength for Waukon State Bank has improved significantly in recent periods. Deposit Growth In the past year, Waukon State Bank has increased its total deposits by $91.56 million, resulting in 91.61% 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 Waukon State 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. Waukon State Bank has $222.62 million in assets with $30.41 million in equity, resulting in a capitalization level of 13.66%, which is excellent.

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