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500 West 18th Street
Cheyenne, WY 82001

Security First Bank (WY) is headquartered in Cheyenne and is the 26th largest bank in the state of Wyoming. It is also the 5,585th largest bank in the nation. It was established in 1978 and as of March of 2014, it had grown to 23 employees at 3 locations. Security First Bank (WY) has a B+ health rating.

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Security First Bank (WY) has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Security First Bank (WY) had $254,000 in non-current loans and owned real-estate with $7.6 million in equity and loan loss allowances on hand to cover it. This gives Security First Bank (WY) a Texas Ratio of 3.34% 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 (WY) decreased dramatically from 5.60% as of March 31, 2013 to 3.34% as of March 31, 2014, resulting in a positive change of 40.41%.This indicates that the balance sheet and financial strength for Security First Bank (WY) has improved dramatically in recent periods.

Deposit Growth


In the past year, Security First Bank (WY) has increased its total deposits by $542,000, resulting in 0.94% 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 (WY) has shown is above average.



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 (WY) has $65.13 million in assets with $7.6 million in equity, resulting in a capitalization level of 11.68%, which is excellent.

Institution Statistics

FDIC Certificate #31966
Year Established1978
Primary RegulatorFDIC
Assets and Liabilities
Assets$65.13 million
Loans$36.90 million
Deposits$58.05 million
Equity Capital$6.44 million
Loan Loss Allowance$1.16 million
Unbacked Noncurrent Loans$176,000
Real Estate Owned$78,000
Historic Data - March 2013
Assets$65.11 million
Equity Capital$6.49 million
Loan Loss Allowance$1.09 million
Unbacked Noncurrent Loans$176,000
Real Estate Owned$165,000
Profit Margin - Quarterly
Net Interest Margin3.34%
Return on Assets0.62%
Return on Equity6.15%
Interest Income$542,000

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Security First Bank (WY) Locations
Cheyenne Branch2501 East Lincoln WayCheyenne, WY 82001
Security First Bank500 West 18th StreetCheyenne, WY 82001
Laramie Branch608 Grand AvenueLaramie, WY 82070