HOW HEALTHY IS THIS BANK?

Springfield First Community Bank

Springfield, MO


Financial details for Springfield First Community Bank

Line item
Assets
Deposits
Loans
Loan loss provision
Profit
Capital
Reserves
Loans 90 days or more past due
Non-accruing loans
Other real estate owned
Capital plus reserves
Total troubled assets
Sept. 30, 2008
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Sept. 30, 2009
$150,211,000
$131,591,000
$81,783,000
$624,000
$-1,664,000
$18,206,000
$910,000
$0
$0
$0
$19,116,000
$0

NA means the bank did not exist on Dec. 31, 2007. This could be because a merger created a new bank, or because the bank came into existence in 2008.

Note: The Federal Deposit Insurance Corp. insures deposit accounts up to $250,000. The "troubled asset ratio" is not an FDIC statistic. It is derived by adding the amounts of loans past due 90 days or more, loans in non-accrual status and other real estate owned (primarily properties obtained through foreclosure) and dividing that amount by the bank's capital and loan loss reserves. It is reported as a percentage. For example, a bank with $100,000 in "troubled assets" and $1,000,000 in capital would have a "troubled asset ratio" of 10 percent. For a fuller explanation, see our methodology.

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Is your bank 'underwater'? Check its debt level

"While it is not an official FDIC statistic, nor is it intended as a definitive predictor of the likelihood of bank failure, the troubled asset ratio apparently is a strong indicator of severe stress inside a bank because it shows the bank's ability to withstand loan losses. Of the 92 banks that have failed so far this year, 84 had troubled asset ratios of 100 percent or greater in the final quarter they reported data before they closed."

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