Wayne County Bank

Wayne County Bank is headquartered in Waynesboro and is the 61^st largest bank in the state of Tennessee. It is also the 2,246^th largest bank in the nation. It was established in 1914 and as of March of 2012, it had grown to 75 employees at 6 locations. Wayne County Bank has a 4-star health rating.

Wayne County Bank Routing Number: 064105734

Data for Q1 2012

Institution Statistics Wayne County Bank FDIC Certificate # 9168 BankRate Report View Year Established 1914 Employees 75 Primary Regulator FDIC Assets and Liabilities Assets $290.61 million Loans $223.02 million Deposits $241.35 million Equity Capital $32.60 million Loan Loss Allowance $5.81 million Unbacked Noncurrent Loans $5.33 million Real Estate Owned $3.94 million Historic Data - March 2011 Assets $275.32 million Equity Capital $29.85 million Loan Loss Allowance $5.29 million Unbacked Noncurrent Loans $6.67 million Real Estate Owned $4.50 million Profit Margin - Quarterly Net Interest Margin 5.36% Return on Assets 1.4% Return on Equity 12.41% Interest Income $4.00 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 Wayne County Bank had $9.26 million in non-current loans and owned real-estate with $38.41 million in equity and loan loss allowances on hand to cover it. This gives Wayne County Bank a Texas Ratio of 24.11% 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 Wayne County Bank decreased slightly from 31.77% as of March 31, 2011 to 24.11% as of March 31, 2012, resulting in a positive change of 24.11%.This indicates that the balance sheet and financial strength for Wayne County Bank has improved slightly in recent periods. Deposit Growth In the past year, Wayne County Bank has increased its total deposits by $9.4 million, resulting in 4.05% 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 Wayne County 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. Wayne County Bank has $290.61 million in assets with $38.41 million in equity, resulting in a capitalization level of 13.22%, which is excellent.

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