White Rock Bank

White Rock Bank is headquartered in Cannon Falls and is the 127^th largest bank in the state of Minnesota. It is also the 4,050^th largest bank in the nation. It was established in 1915 and as of March of 2012, it had grown to 44 employees at 7 locations. White Rock Bank has a 5-star health rating.

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Data for Q1 2012

Institution Statistics White Rock Bank FDIC Certificate # 10168 BankRate Report View Year Established 1915 Employees 44 Primary Regulator FDIC Assets and Liabilities Assets $139.63 million Loans $91.21 million Deposits $120.78 million Equity Capital $16.93 million Loan Loss Allowance $731,000 Unbacked Noncurrent Loans $1.49 million Real Estate Owned $874,000 Historic Data - March 2011 Assets $126.73 million Equity Capital $11.82 million Loan Loss Allowance $144,000 Unbacked Noncurrent Loans $2.68 million Real Estate Owned $473,000 Profit Margin - Quarterly Net Interest Margin 5.24% Return on Assets 1.84% Return on Equity 15.48% Interest Income $1.88 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 White Rock Bank had $2.37 million in non-current loans and owned real-estate with $17.66 million in equity and loan loss allowances on hand to cover it. This gives White Rock Bank a Texas Ratio of 13.41% 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 White Rock Bank decreased significantly from 26.37% as of March 31, 2011 to 13.41% as of March 31, 2012, resulting in a positive change of 49.17%.This indicates that the balance sheet and financial strength for White Rock Bank has improved significantly in recent periods. Deposit Growth In the past year, White Rock Bank has increased its total deposits by $8.04 million, resulting in 7.13% 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 White Rock 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. White Rock Bank has $139.63 million in assets with $17.66 million in equity, resulting in a capitalization level of 12.65%, which is excellent.

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