Security State Bank of Kenyon

Security State Bank of Kenyon is headquartered in Kenyon and is the 271^st largest bank in the state of Minnesota. It is also the 6,312^st largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 16 employees at 1 location. Security State Bank of Kenyon has a 3-star health rating.

Data for Q1 2012

Institution Statistics Security State Bank of Kenyon FDIC Certificate # 15597 BankRate Report View Year Established 1934 Employees 16 Primary Regulator FDIC Assets and Liabilities Assets $52.10 million Loans $38.57 million Deposits $43.21 million Equity Capital $4.89 million Loan Loss Allowance $1.35 million Unbacked Noncurrent Loans $2.20 million Real Estate Owned $143,000 Historic Data - March 2011 Assets $52.32 million Equity Capital $4.41 million Loan Loss Allowance $1.36 million Unbacked Noncurrent Loans $3.09 million Real Estate Owned $314,000 Profit Margin - Quarterly Net Interest Margin 5.09% Return on Assets 1% Return on Equity 10.94% Interest Income $682,000

Institution Health Overall Score: 3 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 State Bank of Kenyon had $2.34 million in non-current loans and owned real-estate with $6.25 million in equity and loan loss allowances on hand to cover it. This gives Security State Bank of Kenyon a Texas Ratio of 37.50% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Security State Bank of Kenyon decreased slightly from 58.99% as of March 31, 2011 to 37.50% as of March 31, 2012, resulting in a positive change of 36.43%.This indicates that the balance sheet and financial strength for Security State Bank of Kenyon has improved slightly in recent periods. Deposit Growth In the past year, Security State Bank of Kenyon has decreased its total deposits by $-400,000, resulting in -0.92% 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 State Bank of Kenyon has shown is 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 State Bank of Kenyon has $52.1 million in assets with $6.25 million in equity, resulting in a capitalization level of 11.99%, which is above average.

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