Southeast First National Bank

Southeast First National Bank is headquartered in Summerville and is the 209^th largest bank in the state of Georgia. It is also the 5,933^rd largest bank in the nation. It was established in 1968 and as of March of 2012, it had grown to 21 employees at 3 locations. Southeast First National Bank has a 4-star health rating.

Southeast First National Bank Routing Number: 061101414

Data for Q1 2012

Institution Statistics Southeast First National Bank FDIC Certificate # 19819 BankRate Report View Year Established 1968 Employees 21 Primary Regulator OCC Assets and Liabilities Assets $64.83 million Loans $13.43 million Deposits $58.02 million Equity Capital $6.42 million Loan Loss Allowance $255,000 Unbacked Noncurrent Loans $417,000 Real Estate Owned $542,000 Historic Data - March 2011 Assets $68.50 million Equity Capital $6.08 million Loan Loss Allowance $266,000 Unbacked Noncurrent Loans $962,000 Real Estate Owned $471,000 Profit Margin - Quarterly Net Interest Margin 3.09% Return on Assets 0.4% Return on Equity 4.07% Interest Income $597,000

Institution Health Overall Score: 4 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 Southeast First National Bank had $959,000 in non-current loans and owned real-estate with $6.68 million in equity and loan loss allowances on hand to cover it. This gives Southeast First National Bank a Texas Ratio of 14.36% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Southeast First National Bank decreased slightly from 22.60% as of March 31, 2011 to 14.36% as of March 31, 2012, resulting in a positive change of 36.44%.This indicates that the balance sheet and financial strength for Southeast First National Bank has improved slightly in recent periods. Deposit Growth In the past year, Southeast First National Bank has decreased its total deposits by -$4.24 million, resulting in -6.81% 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 Southeast First National Bank has shown is poor. 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. Southeast First National Bank has $64.83 million in assets with $6.68 million in equity, resulting in a capitalization level of 10.30%, which is above average.

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