Security Bank Minnesota

Security Bank Minnesota is headquartered in Albert Lea and is the 176^th largest bank in the state of Minnesota. It is also the 5,033^rd largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 26 employees at 2 locations. Security Bank Minnesota has a 5-star health rating.

Security Bank Minnesota Routing Number: 091908399

Data for Q1 2012

Institution Statistics Security Bank Minnesota FDIC Certificate # 10984 BankRate Report View Year Established 1906 Employees 26 Primary Regulator FED Assets and Liabilities Assets $97.23 million Loans $56.87 million Deposits $76.69 million Equity Capital $10.77 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $566,000 Historic Data - March 2011 Assets $90.96 million Equity Capital $8.11 million Loan Loss Allowance $766,000 Unbacked Noncurrent Loans $692,000 Real Estate Owned $87,000 Profit Margin - Quarterly Net Interest Margin 4.85% Return on Assets 1.35% Return on Equity 11.97% Interest Income $1.21 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 Security Bank Minnesota had $566,000 in non-current loans and owned real-estate with $11.81 million in equity and loan loss allowances on hand to cover it. This gives Security Bank Minnesota a Texas Ratio of 4.79% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Security Bank Minnesota decreased significantly from 8.78% as of March 31, 2011 to 4.79% as of March 31, 2012, resulting in a positive change of 45.41%.This indicates that the balance sheet and financial strength for Security Bank Minnesota has improved significantly in recent periods. Deposit Growth In the past year, Security Bank Minnesota has increased its total deposits by $2.43 million, resulting in 3.27% 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 Security Bank Minnesota has shown is above 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. Security Bank Minnesota has $97.23 million in assets with $11.81 million in equity, resulting in a capitalization level of 12.14%, which is excellent.

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