Security Bank of Whitesboro

Security Bank of Whitesboro is headquartered in Roxton and is the 515^st largest bank in the state of Texas. It is also the 6,358^th largest bank in the nation. It was established in 1940 and as of March of 2012, it had grown to 15 employees at 2 locations. Security Bank of Whitesboro has a 4-star health rating.

Security Bank of Whitesboro Routing Number: 111906349

Data for Q1 2012

Institution Statistics The First Bank FDIC Certificate # 15731 BankRate Report View Year Established 1940 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $50.40 million Loans $33.73 million Deposits $44.55 million Equity Capital $5.75 million Loan Loss Allowance $674,000 Unbacked Noncurrent Loans $509,000 Real Estate Owned $189,000 Historic Data - March 2011 Assets $105.32 million Equity Capital $7.16 million Loan Loss Allowance $528,000 Unbacked Noncurrent Loans $782,000 Real Estate Owned $578,000 Profit Margin - Quarterly Net Interest Margin 3.06% Return on Assets -0.03% Return on Equity -0.23% Interest Income $538,000

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 Security Bank of Whitesboro had $698,000 in non-current loans and owned real-estate with $6.42 million in equity and loan loss allowances on hand to cover it. This gives Security Bank of Whitesboro a Texas Ratio of 10.87% 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 Security Bank of Whitesboro decreased slightly from 17.69% as of March 31, 2011 to 10.87% as of March 31, 2012, resulting in a positive change of 38.58%.This indicates that the balance sheet and financial strength for Security Bank of Whitesboro has improved slightly in recent periods. Deposit Growth In the past year, Security Bank of Whitesboro has decreased its total deposits by -$53.44 million, resulting in -54.54% 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 of Whitesboro has shown is poor. 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 of Whitesboro has $50.4 million in assets with $6.42 million in equity, resulting in a capitalization level of 12.75%, which is excellent.

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