Cedar Security Bank

Cedar Security Bank is headquartered in Fordyce and is the 161^st largest bank in the state of Nebraska. It is also the 6,683^rd largest bank in the nation. It was established in 1984 and as of December of 2011, it had grown to 14 employees at 3 locations. Cedar Security Bank has a 5-star health rating.

Cedar Security Bank Routing Number: 104101630

Cedar Security Bank Checking Account Rates

Cedar Security Bank Savings Account Rates

Cedar Security Bank Money Market Rates

Cedar Security Bank CD Rates

Cedar Security Bank IRA Rates

Data for Q4 2011

Institution Statistics Cedar Security Bank FDIC Certificate # 25591 BankRate Report View Year Established 1984 Employees 14 Primary Regulator FDIC Assets and Liabilities Assets $40.39 million Loans $29.15 million Deposits $33.74 million Equity Capital $4.75 million Loan Loss Allowance $443,000 Unbacked Noncurrent Loans $572,000 Real Estate Owned $64,000 Historic Data - December 2010 Assets $36.81 million Equity Capital $4.33 million Loan Loss Allowance $418,000 Unbacked Noncurrent Loans $675,000 Real Estate Owned $35,000 Profit Margin - Quarterly Net Interest Margin 4.47% Return on Assets 1.1% Return on Equity 9.3% Interest Income $1.89 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 December 31, 2011 Cedar Security Bank had $636,000 in non-current loans and owned real-estate with $5.19 million in equity and loan loss allowances on hand to cover it. This gives Cedar Security Bank a Texas Ratio of 12.26% 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 Cedar Security Bank decreased slightly from 14.95% as of December 31, 2010 to 12.26% as of December 31, 2011, resulting in a positive change of 18.00%.This indicates that the balance sheet and financial strength for Cedar Security Bank has improved slightly in recent periods. Deposit Growth In the past year, Cedar Security Bank has increased its total deposits by $3.68 million, resulting in 12.24% 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 Cedar Security 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. Cedar Security Bank has $40.39 million in assets with $5.19 million in equity, resulting in a capitalization level of 12.85%, which is excellent.

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