Security Savings Bank (IL)

Security Savings Bank (IL) is headquartered in Monmouth and is the 230^th largest bank in the state of Illinois. It is also the 3,340^th largest bank in the nation. It was established in 1882 and as of March of 2012, it had grown to 37 employees at 2 locations. Security Savings Bank (IL) has a 5-star health rating.

Data for Q1 2012

Institution Statistics Security Savings Bank FDIC Certificate # 28925 BankRate Report View Year Established 1882 Employees 37 Primary Regulator FDIC Assets and Liabilities Assets $183.13 million Loans $107.89 million Deposits $166.67 million Equity Capital $15.78 million Loan Loss Allowance $1.12 million Unbacked Noncurrent Loans $704,000 Historic Data - March 2011 Assets $171.97 million Equity Capital $14.88 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $639,000 Real Estate Owned $153,000 Profit Margin - Quarterly Net Interest Margin 2.77% Return on Assets 0.47% Return on Equity 5.38% Interest Income $1.63 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 March 31, 2012 Security Savings Bank (IL) had $704,000 in non-current loans and owned real-estate with $16.91 million in equity and loan loss allowances on hand to cover it. This gives Security Savings Bank (IL) a Texas Ratio of 4.16% 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 Savings Bank (IL) decreased slightly from 4.97% as of March 31, 2011 to 4.16% as of March 31, 2012, resulting in a positive change of 16.30%.This indicates that the balance sheet and financial strength for Security Savings Bank (IL) has improved slightly in recent periods. Deposit Growth In the past year, Security Savings Bank (IL) has increased its total deposits by $12.76 million, resulting in 8.29% 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 Savings Bank (IL) 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 Savings Bank (IL) has $183.13 million in assets with $16.91 million in equity, resulting in a capitalization level of 9.23%, which is average.

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