Security Savings Bank

Security Savings Bank is headquartered in Eagle Grove and is the 159^th largest bank in the state of Iowa. It is also the 4,571^st largest bank in the nation. It was established in 1899 and as of September of 2011, it had grown to 23 employees at 4 locations. Security Savings Bank has a 5-star health rating.

Security Savings Bank Routing Number: 073902672

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Security Savings Bank CD Rates

Data for Q3 2011

Institution Statistics Security Savings Bank FDIC Certificate # 5795 BankRate Report View Year Established 1899 Employees 23 Primary Regulator FED Assets and Liabilities Assets $115.86 million Loans $78.23 million Deposits $91.74 million Equity Capital $10.30 million Loan Loss Allowance $1.15 million Unbacked Noncurrent Loans $278,000 Historic Data - September 2010 Assets $109.83 million Equity Capital $9.38 million Loan Loss Allowance $1.03 million Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 1.44% Return on Equity 17.82% Interest Income $4.13 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 September 30, 2011 Security Savings Bank had $278,000 in non-current loans and owned real-estate with $11.45 million in equity and loan loss allowances on hand to cover it. This gives Security Savings Bank a Texas Ratio of 2.43% 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 Savings Bank has increased its total deposits by $4.25 million, resulting in 4.86% 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 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 Savings Bank has $115.86 million in assets with $11.45 million in equity, resulting in a capitalization level of 9.88%, which is average.

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