Herrin Security Bank

Herrin Security Bank is headquartered in Herrin and is the 324^th largest bank in the state of Illinois. It is also the 4,736^th largest bank in the nation. It was established in 1957 and as of March of 2012, it had grown to 26 employees at 2 locations. Herrin Security Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Herrin Security Bank FDIC Certificate # 17793 BankRate Report View Year Established 1957 Employees 26 Primary Regulator FDIC Assets and Liabilities Assets $108.94 million Loans $49.49 million Deposits $97.12 million Equity Capital $11.63 million Loan Loss Allowance $578,000 Unbacked Noncurrent Loans $1.61 million Real Estate Owned $279,000 Historic Data - March 2011 Assets $108.20 million Equity Capital $10.92 million Loan Loss Allowance $637,000 Unbacked Noncurrent Loans $1.89 million Real Estate Owned $985,000 Profit Margin - Quarterly Net Interest Margin 3.82% Return on Assets 1.58% Return on Equity 14.36% Interest Income $1.14 million

Institution Health Overall Score: 4 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 Herrin Security Bank had $1.89 million in non-current loans and owned real-estate with $12.21 million in equity and loan loss allowances on hand to cover it. This gives Herrin Security Bank a Texas Ratio of 15.47% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Herrin Security Bank decreased slightly from 24.92% as of March 31, 2011 to 15.47% as of March 31, 2012, resulting in a positive change of 37.90%.This indicates that the balance sheet and financial strength for Herrin Security Bank has improved slightly in recent periods. Deposit Growth In the past year, Herrin Security Bank has increased its total deposits by $69,000, resulting in 0.07% 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 Herrin Security Bank has shown is average. 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. Herrin Security Bank has $108.94 million in assets with $12.21 million in equity, resulting in a capitalization level of 11.21%, which is above average.

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