Security First Bank of North Dakota

Security First Bank of North Dakota is headquartered in New Salem and is the 32^nd largest bank in the state of North Dakota. It is also the 3,618^st largest bank in the nation. It was established in 1925 and as of December of 2012, it had grown to 37 employees at 5 locations. Security First Bank of North Dakota has a 5-star health rating.

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Data for Q4 2012

Institution Statistics Security First Bank of North Dakota FDIC Certificate # 11519 BankRate Report View Year Established 1925 Employees 37 Primary Regulator FDIC Assets and Liabilities Assets $162.32 million Loans $129.77 million Deposits $131.99 million Equity Capital $16.46 million Loan Loss Allowance $1.64 million Unbacked Noncurrent Loans $500,000 Historic Data - December 2011 Assets $140.53 million Equity Capital $14.40 million Loan Loss Allowance $1.85 million Unbacked Noncurrent Loans $134,000 Profit Margin - Quarterly Net Interest Margin 5.05% Return on Assets 2.14% Return on Equity 20.83% Interest Income $7.83 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 December 31, 2012 Security First Bank of North Dakota had $500,000 in non-current loans and owned real-estate with $18.09 million in equity and loan loss allowances on hand to cover it. This gives Security First Bank of North Dakota a Texas Ratio of 2.76% 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 First Bank of North Dakota held steady from 1.36% as of December 31, 2011 to 2.76% as of December 31, 2012, resulting in a negative change of 103.22%. This indicates that the balance sheet and financial strength for Security First Bank of North Dakota has held steady in recent periods. Deposit Growth In the past year, Security First Bank of North Dakota has increased its total deposits by $15.89 million, resulting in 13.68% 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 First Bank of North Dakota 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 First Bank of North Dakota has $162.32 million in assets with $18.09 million in equity, resulting in a capitalization level of 11.15%, which is above average.

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