Financial Security Bank

Financial Security Bank is headquartered in Kerkhoven and is the 278^th largest bank in the state of Minnesota. It is also the 6,365^th largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 13 employees at 2 locations. Financial Security Bank has a 5-star health rating.

Financial Security Bank Routing Number: 091905402

Data for Q1 2012

Institution Statistics Financial Security Bank FDIC Certificate # 10176 BankRate Report View Year Established 1906 Employees 13 Primary Regulator FDIC Assets and Liabilities Assets $50.05 million Loans $40.37 million Deposits $40.14 million Equity Capital $6.52 million Loan Loss Allowance $586,000 Unbacked Noncurrent Loans $561,000 Real Estate Owned $52,000 Historic Data - March 2011 Assets $45.49 million Equity Capital $4.83 million Loan Loss Allowance $532,000 Unbacked Noncurrent Loans $341,000 Real Estate Owned $182,000 Profit Margin - Quarterly Net Interest Margin 4.84% Return on Assets 1.78% Return on Equity 13.54% Interest Income $683,000

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 Financial Security Bank had $613,000 in non-current loans and owned real-estate with $7.11 million in equity and loan loss allowances on hand to cover it. This gives Financial Security Bank a Texas Ratio of 8.62% 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 Financial Security Bank held steady from 9.76% as of March 31, 2011 to 8.62% as of March 31, 2012, resulting in a positive change of 11.66%.This indicates that the balance sheet and financial strength for Financial Security Bank has held steady in recent periods. Deposit Growth In the past year, Financial Security Bank has increased its total deposits by $4.42 million, resulting in 12.37% 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 Financial 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. Financial Security Bank has $50.05 million in assets with $7.11 million in equity, resulting in a capitalization level of 14.21%, which is excellent.

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