Security Trust & Savings Bank

Security Trust & Savings Bank is headquartered in Storm Lake and is the 109^th largest bank in the state of Iowa. It is also the 3,589^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 19 employees at 2 locations. Security Trust & Savings Bank's savings rates are 5X the national average, and it boasts a 5-star health rating.

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Data for Q1 2012

Institution Statistics Security Trust & Savings Bank FDIC Certificate # 968 BankRate Report View Year Established 1908 Employees 19 Primary Regulator FED Assets and Liabilities Assets $166.64 million Loans $50.88 million Deposits $145.46 million Equity Capital $19.37 million Loan Loss Allowance $461,000 Unbacked Noncurrent Loans $370,000 Historic Data - March 2011 Assets $150.08 million Equity Capital $16.49 million Loan Loss Allowance $493,000 Unbacked Noncurrent Loans $561,000 Real Estate Owned $122,000 Profit Margin - Quarterly Net Interest Margin 2.9% Return on Assets 1.41% Return on Equity 11.91% Interest Income $1.46 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 Trust & Savings Bank had $370,000 in non-current loans and owned real-estate with $19.83 million in equity and loan loss allowances on hand to cover it. This gives Security Trust & Savings Bank a Texas Ratio of 1.87% 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 Trust & Savings Bank decreased significantly from 4.02% as of March 31, 2011 to 1.87% as of March 31, 2012, resulting in a positive change of 53.62%.This indicates that the balance sheet and financial strength for Security Trust & Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Security Trust & Savings Bank has increased its total deposits by $12.77 million, resulting in 9.62% 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 Trust & Savings Bank 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 Trust & Savings Bank has $166.64 million in assets with $19.83 million in equity, resulting in a capitalization level of 11.90%, which is above average.

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