Institution Statistics
| Southeastern Bank | | FDIC Certificate # | 5685 | | BankRate Report | View | | Year Established | 1889 | | Employees | 143 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $420.69 million | | Loans | $186.00 million | | Deposits | $375.43 million | | Equity Capital | $38.75 million | | Loan Loss Allowance | $6.51 million | | Unbacked Noncurrent Loans | $25.65 million | | Real Estate Owned | $16.08 million |
Historic Data - March 2011 | | Assets | $433.95 million | | Equity Capital | $43.62 million | | Loan Loss Allowance | $8.37 million | | Unbacked Noncurrent Loans | $26.72 million | | Real Estate Owned | $12.32 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.16% | | Return on Assets | -0.36% | | Return on Equity | -3.91% | | Interest Income | $3.48 million |
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Institution Health
Overall Score:
2 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 Southeastern Bank had $41.72 million in non-current loans and owned real-estate with $45.26 million in equity and loan loss allowances on hand to cover it. This gives Southeastern Bank a Texas Ratio of 92.18% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Southeastern Bank increased slightly from 75.01% as of March 31, 2011 to 92.18% as of March 31, 2012, resulting in a negative change of 22.89%. This indicates that the balance sheet and financial strength for Southeastern Bank has declined slightly in recent periods. | | Deposit Growth | | | In the past year, Southeastern Bank has decreased its total deposits by -$7.01 million, resulting in -1.83% 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 Southeastern Bank has shown is below 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. Southeastern Bank has $420.69 million in assets with $45.26 million in equity, resulting in a capitalization level of 10.76%, which is above average. |
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