Security Financial Bank

Security Financial Bank is headquartered in Durand and is the 57^th largest bank in the state of Wisconsin. It is also the 2,038^th largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 47 employees at 3 locations. Security Financial Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Security Financial Bank FDIC Certificate # 14222 BankRate Report View Year Established 1934 Employees 47 Primary Regulator FED Assets and Liabilities Assets $319.45 million Loans $161.87 million Deposits $216.67 million Equity Capital $35.10 million Loan Loss Allowance $4.92 million Unbacked Noncurrent Loans $8.05 million Real Estate Owned $626,000 Historic Data - March 2011 Assets $300.50 million Equity Capital $27.88 million Loan Loss Allowance $5.30 million Unbacked Noncurrent Loans $6.80 million Real Estate Owned $1.58 million Profit Margin - Quarterly Net Interest Margin 2.83% Return on Assets 1.27% Return on Equity 11.86% Interest Income $3.14 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 Financial Bank had $8.68 million in non-current loans and owned real-estate with $40.01 million in equity and loan loss allowances on hand to cover it. This gives Security Financial Bank a Texas Ratio of 21.69% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Security Financial Bank held steady from 25.26% as of March 31, 2011 to 21.69% as of March 31, 2012, resulting in a positive change of 14.13%.This indicates that the balance sheet and financial strength for Security Financial Bank has held steady in recent periods. Deposit Growth In the past year, Security Financial Bank has increased its total deposits by $13.97 million, resulting in 6.89% 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 Financial 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. Security Financial Bank has $319.45 million in assets with $40.01 million in equity, resulting in a capitalization level of 12.53%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.