Security First Bank

Security First Bank is headquartered in Lincoln and is the 8^th largest bank in the state of Nebraska. It is also the 774^th largest bank in the nation. It was established in 1924 and as of March of 2012, it had grown to 240 employees at 33 locations. Security First Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Security First Bank FDIC Certificate # 5415 BankRate Report View Year Established 1924 Employees 240 Primary Regulator FDIC Assets and Liabilities Assets $854.73 million Loans $402.45 million Deposits $650.46 million Equity Capital $75.65 million Loan Loss Allowance $8.12 million Unbacked Noncurrent Loans $6.45 million Real Estate Owned $826,000 Historic Data - March 2011 Assets $815.62 million Equity Capital $77.28 million Loan Loss Allowance $8.93 million Unbacked Noncurrent Loans $8.14 million Real Estate Owned $780,000 Profit Margin - Quarterly Net Interest Margin 2.97% Return on Assets 0.45% Return on Equity 5.08% Interest Income $7.15 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 First Bank had $7.27 million in non-current loans and owned real-estate with $83.76 million in equity and loan loss allowances on hand to cover it. This gives Security First Bank a Texas Ratio of 8.68% 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 First Bank held steady from 10.05% as of March 31, 2011 to 8.68% as of March 31, 2012, resulting in a positive change of 13.61%.This indicates that the balance sheet and financial strength for Security First Bank has held steady in recent periods. Deposit Growth In the past year, Security First Bank has increased its total deposits by $18.41 million, resulting in 2.91% 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 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 First Bank has $854.73 million in assets with $83.76 million in equity, resulting in a capitalization level of 9.80%, which is average.

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