Security First

Security First is headquartered in MCALLEN and is the 47^th largest credit union in the state of Texas. It is also the 585^th largest credit union in the nation. It was established in 1947 and as of December of 2011, it had grown to 126 employees and 48,829 members. Security First has a 5-star health rating.

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Data for Q4 2011

Institution Statistics SECURITY FIRST NCUA # 5547 BankRate Report View Year Chartered 1947 Employees 126 Primary Regulator Assets and Liabilities Assets $333.49 million Loans $235.65 million Deposits $283.24 million Equity Capital $33.78 million Loan Loss Allowance $1.05 million Unbacked Noncurrent Loans $2.54 million Real Estate Owned $160,000 Historic Data - December 2010 Assets $299.61 million Equity Capital $29.45 million Loan Loss Allowance $1.33 million Unbacked Noncurrent Loans $2.27 million Real Estate Owned $201,000 Profit Margin - Quarterly Net Interest Margin 5.27% Return on Assets 1.21% Return on Equity 11.98% Interest Income $15.32 million Non-Interest Income $8.05 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, 2011 Security First had $2.7 million in non-current loans and owned real-estate with $34.84 million in equity and loan loss allowances on hand to cover it. This gives Security First a Texas Ratio of 7.74% 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 held steady from 8.03% as of December 31, 2010 to 7.74% as of December 31, 2011, resulting in a positive change of 3.67%.This indicates that the balance sheet and financial strength for Security First has held steady in recent periods. Deposit Growth In the past year, Security First has increased its total deposits by $17.45 million, resulting in 6.57% 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 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 has $333.49 million in assets with $34.84 million in equity, resulting in a capitalization level of 10.45%, which is above average.

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