Overall Score: 3 out of 5 Texas Ratio
Post# of 41
Posted On: 07/23/2013 10:20:17 PM
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, 2013 1st Mariner Bank had $42.68 million in non-current loans and owned real-estate with $57.72 million in equity and loan loss allowances on hand to cover it. This gives 1st Mariner Bank a Texas Ratio of 73.94% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | |
| Texas Ratio Trend |  |
| The Texas Ratio for 1st Mariner Bank decreased significantly from 139.46% as of March 31, 2012 to 73.94% as of March 31, 2013, resulting in a positive change of 46.98%.This indicates that the balance sheet and financial strength for 1st Mariner Bank has improved significantly in recent periods. | |
| Deposit Growth | |
| In the past year, 1st Mariner Bank has increased its total deposits by $179.03 million, resulting in 17.67% 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 1st Mariner 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. 1st Mariner Bank has $1.3 billion in assets with $57.72 million in equity, resulting in a capitalization level of 4.44%, which is poor. | |
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