Northeast Security Bank

Northeast Security Bank is headquartered in Sumner and is the 158^th largest bank in the state of Iowa. It is also the 4,422^nd largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 22 employees at 4 locations. Northeast Security Bank has a 5-star health rating.

Northeast Security Bank Routing Number: 073909222

Data for Q1 2012

Institution Statistics Northeast Security Bank FDIC Certificate # 18384 BankRate Report View Year Established 1888 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $121.72 million Loans $66.19 million Deposits $97.64 million Equity Capital $13.76 million Loan Loss Allowance $951,000 Unbacked Noncurrent Loans $321,000 Real Estate Owned $928,000 Historic Data - March 2011 Assets $114.60 million Equity Capital $11.60 million Loan Loss Allowance $719,000 Unbacked Noncurrent Loans $261,000 Real Estate Owned $2.16 million Profit Margin - Quarterly Net Interest Margin 3.84% Return on Assets 1.18% Return on Equity 10.42% Interest Income $1.36 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 March 31, 2012 Northeast Security Bank had $1.25 million in non-current loans and owned real-estate with $14.71 million in equity and loan loss allowances on hand to cover it. This gives Northeast Security Bank a Texas Ratio of 8.49% 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 Northeast Security Bank decreased significantly from 19.67% as of March 31, 2011 to 8.49% as of March 31, 2012, resulting in a positive change of 56.83%.This indicates that the balance sheet and financial strength for Northeast Security Bank has improved significantly in recent periods. Deposit Growth In the past year, Northeast Security Bank has increased its total deposits by $5.84 million, resulting in 6.37% 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 Northeast 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. Northeast Security Bank has $121.72 million in assets with $14.71 million in equity, resulting in a capitalization level of 12.08%, which is excellent.

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