West End Bank, S.B.

West End Bank, S.B. is headquartered in Richmond and is the 59^th largest bank in the state of Indiana. It is also the 2,635^th largest bank in the nation. It was established in 1893 and as of March of 2012, it had grown to 64 employees at 5 locations. West End Bank, S.B. has a 5-star health rating.

West End Bank, S.B. Checking Account Rates

West End Bank, S.B. Savings Account Rates

West End Bank, S.B. Money Market Rates

West End Bank, S.B. CD Rates

West End Bank, S.B. IRA Rates

Data for Q1 2012

Institution Statistics West End Bank, S.B. FDIC Certificate # 28807 BankRate Report View Year Established 1893 Employees 64 Primary Regulator FDIC Assets and Liabilities Assets $244.09 million Loans $155.21 million Deposits $190.20 million Equity Capital $24.78 million Loan Loss Allowance $1.92 million Unbacked Noncurrent Loans $2.05 million Real Estate Owned $757,000 Historic Data - March 2011 Assets $216.98 million Equity Capital $17.39 million Loan Loss Allowance $1.79 million Unbacked Noncurrent Loans $2.79 million Real Estate Owned $936,000 Profit Margin - Quarterly Net Interest Margin 3.63% Return on Assets 0.36% Return on Equity 4.07% Interest Income $2.76 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 West End Bank, S.B. had $2.8 million in non-current loans and owned real-estate with $26.7 million in equity and loan loss allowances on hand to cover it. This gives West End Bank, S.B. a Texas Ratio of 10.50% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for West End Bank, S.B. decreased significantly from 19.43% as of March 31, 2011 to 10.50% as of March 31, 2012, resulting in a positive change of 45.96%.This indicates that the balance sheet and financial strength for West End Bank, S.B. has improved significantly in recent periods. Deposit Growth In the past year, West End Bank, S.B. has increased its total deposits by $13.47 million, resulting in 7.62% 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 West End Bank, S.B. 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. West End Bank, S.B. has $244.09 million in assets with $26.7 million in equity, resulting in a capitalization level of 10.94%, which is above average.

No reviews have been left for this bank yet. Be the first to review.