Security Federal Savings Bank (AL)

Security Federal Savings Bank (AL) is headquartered in Jasper and is the 135^th largest bank in the state of Alabama. It is also the 6,725^th largest bank in the nation. It was established in 1970 and as of March of 2012, it had grown to 15 employees at 1 location. Security Federal Savings Bank (AL) has a 3-star health rating.

Data for Q1 2012

Institution Statistics Security Federal Savings Bank OTS # 07228 FDIC Certificate # 31592 BankRate Report View Year Established 1970 Employees 15 Primary Regulator OCC Assets and Liabilities Assets $38.56 million Loans $14.35 million Deposits $29.58 million Equity Capital $3.88 million Loan Loss Allowance $283,000 Unbacked Noncurrent Loans $428,000 Historic Data - March 2011 Assets $35.77 million Equity Capital $3.69 million Loan Loss Allowance $151,000 Unbacked Noncurrent Loans $357,000 Profit Margin - Quarterly Net Interest Margin 4.17% Return on Assets 0.61% Return on Equity 5.76% Interest Income $427,000

Institution Health Overall Score: 3 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 Federal Savings Bank (AL) had $428,000 in non-current loans and owned real-estate with $4.16 million in equity and loan loss allowances on hand to cover it. This gives Security Federal Savings Bank (AL) a Texas Ratio of 10.28% 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 Federal Savings Bank (AL) held steady from 9.30% as of March 31, 2011 to 10.28% as of March 31, 2012, resulting in a negative change of 10.50%. This indicates that the balance sheet and financial strength for Security Federal Savings Bank (AL) has held steady in recent periods. Deposit Growth In the past year, Security Federal Savings Bank (AL) has decreased its total deposits by -$2.47 million, resulting in -7.72% 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 Federal Savings Bank (AL) 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 Federal Savings Bank (AL) has $38.56 million in assets with $4.16 million in equity, resulting in a capitalization level of 10.80%, which is above average.

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