Security National Bank of South Dakota

Security National Bank of South Dakota is headquartered in Dakota Dunes and is the 26^th largest bank in the state of South Dakota. It is also the 3,846^th largest bank in the nation. It was established in 1997 and as of March of 2012, it had grown to 25 employees at 3 locations. Security National Bank of South Dakota has a 5-star health rating.

Data for Q1 2012

Institution Statistics Security National Bank of South Dakota FDIC Certificate # 34394 BankRate Report View Year Established 1997 Employees 25 Primary Regulator OCC Assets and Liabilities Assets $151.73 million Loans $45.73 million Deposits $138.47 million Equity Capital $11.15 million Loan Loss Allowance $1.30 million Historic Data - March 2011 Assets $137.65 million Equity Capital $9.59 million Loan Loss Allowance $1.30 million Unbacked Noncurrent Loans $177,000 Real Estate Owned $128,000 Profit Margin - Quarterly Net Interest Margin 1.81% Return on Assets 0.85% Return on Equity 11.5% Interest Income $960,000

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 March 31, 2012 Security National Bank of South Dakota had $0 in non-current loans and owned real-estate with $12.45 million in equity and loan loss allowances on hand to cover it. This gives Security National Bank of South Dakota a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Security National Bank of South Dakota has increased its total deposits by $12.28 million, resulting in 9.74% 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 National Bank of South 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 National Bank of South Dakota has $151.73 million in assets with $12.45 million in equity, resulting in a capitalization level of 8.20%, which is average.

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