Whitaker Bank

Whitaker Bank is headquartered in Lexington and is the 6^th largest bank in the state of Kentucky. It is also the 445^th largest bank in the nation. It was established in 1990 and as of March of 2012, it had grown to 392 employees at 39 locations. Whitaker Bank has a 3-star health rating.

Whitaker Bank Routing Number: 042104168

Data for Q1 2012

Institution Statistics Whitaker Bank FDIC Certificate # 32912 BankRate Report View Year Established 1990 Employees 392 Primary Regulator FED Assets and Liabilities Assets $1.49 billion Loans $851.33 million Deposits $1.22 billion Equity Capital $163.47 million Loan Loss Allowance $16.58 million Unbacked Noncurrent Loans $26.28 million Real Estate Owned $12.28 million Historic Data - March 2011 Assets $1.57 billion Equity Capital $150.32 million Loan Loss Allowance $17.43 million Unbacked Noncurrent Loans $20.47 million Real Estate Owned $11.08 million Profit Margin - Quarterly Net Interest Margin 3.86% Return on Assets 0.89% Return on Equity 8.24% Interest Income $15.94 million

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 Whitaker Bank had $38.56 million in non-current loans and owned real-estate with $180.05 million in equity and loan loss allowances on hand to cover it. This gives Whitaker Bank a Texas Ratio of 21.42% 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 Whitaker Bank held steady from 18.81% as of March 31, 2011 to 21.42% as of March 31, 2012, resulting in a negative change of 13.87%. This indicates that the balance sheet and financial strength for Whitaker Bank has held steady in recent periods. Deposit Growth In the past year, Whitaker Bank has decreased its total deposits by -$64.47 million, resulting in -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 Whitaker Bank has shown is poor. 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. Whitaker Bank has $1.49 billion in assets with $180.05 million in equity, resulting in a capitalization level of 12.05%, which is excellent.

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