Security Federal Savings Bank of McMinnville

Security Federal Savings Bank of McMinnville is headquartered in Mc Minnville and is the 113^st largest bank in the state of Tennessee. It is also the 3,672^nd largest bank in the nation. It was established in 1959 and as of March of 2012, it had grown to 48 employees at 3 locations. Security Federal Savings Bank of McMinnville has a 4-star health rating.

Data for Q1 2012

Institution Statistics Security Federal Savings Bank of McMinnville FDIC Certificate # 31146 BankRate Report View Year Established 1959 Employees 48 Primary Regulator FDIC Assets and Liabilities Assets $161.91 million Loans $116.49 million Deposits $139.27 million Equity Capital $15.38 million Loan Loss Allowance $1.59 million Unbacked Noncurrent Loans $2.03 million Real Estate Owned $400,000 Historic Data - March 2011 Assets $161.32 million Equity Capital $14.16 million Loan Loss Allowance $1.35 million Unbacked Noncurrent Loans $1.48 million Real Estate Owned $366,000 Profit Margin - Quarterly Net Interest Margin 3.2% Return on Assets 0.71% Return on Equity 7.45% Interest Income $1.52 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 Security Federal Savings Bank of McMinnville had $2.43 million in non-current loans and owned real-estate with $16.96 million in equity and loan loss allowances on hand to cover it. This gives Security Federal Savings Bank of McMinnville a Texas Ratio of 14.34% 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 of McMinnville held steady from 11.93% as of March 31, 2011 to 14.34% as of March 31, 2012, resulting in a negative change of 20.22%. This indicates that the balance sheet and financial strength for Security Federal Savings Bank of McMinnville has held steady in recent periods. Deposit Growth In the past year, Security Federal Savings Bank of McMinnville has increased its total deposits by $6.41 million, resulting in 4.82% 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 of McMinnville 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 Federal Savings Bank of McMinnville has $161.91 million in assets with $16.96 million in equity, resulting in a capitalization level of 10.48%, which is above average.

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