Security First National Bank of Hugo

Security First National Bank of Hugo is headquartered in Hugo and is the 133^rd largest bank in the state of Oklahoma. It is also the 4,877^th largest bank in the nation. It was established in 1930 and as of March of 2012, it had grown to 36 employees at 2 locations. Security First National Bank of Hugo has a 4-star health rating.

Data for Q1 2012

Institution Statistics Security First National Bank of Hugo FDIC Certificate # 432 BankRate Report View Year Established 1930 Employees 36 Primary Regulator OCC Assets and Liabilities Assets $102.75 million Loans $73.95 million Deposits $84.82 million Equity Capital $8.29 million Loan Loss Allowance $833,000 Unbacked Noncurrent Loans $423,000 Historic Data - March 2011 Assets $107.34 million Equity Capital $8.14 million Loan Loss Allowance $755,000 Unbacked Noncurrent Loans $399,000 Real Estate Owned $1.24 million Profit Margin - Quarterly Net Interest Margin 5.95% Return on Assets 2.23% Return on Equity 28.41% Interest Income $1.55 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 National Bank of Hugo had $423,000 in non-current loans and owned real-estate with $9.13 million in equity and loan loss allowances on hand to cover it. This gives Security First National Bank of Hugo a Texas Ratio of 4.63% 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 National Bank of Hugo decreased significantly from 18.41% as of March 31, 2011 to 4.63% as of March 31, 2012, resulting in a positive change of 74.82%.This indicates that the balance sheet and financial strength for Security First National Bank of Hugo has improved significantly in recent periods. Deposit Growth In the past year, Security First National Bank of Hugo has decreased its total deposits by -$6.79 million, resulting in -7.41% 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 National Bank of Hugo has shown is poor. 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 National Bank of Hugo has $102.75 million in assets with $9.13 million in equity, resulting in a capitalization level of 8.88%, which is average.

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