Western Security Bank

Western Security Bank is headquartered in Billings and is the 5^th largest bank in the state of Montana. It is also the 800^th largest bank in the nation. It was established in 2001 and as of March of 2012, it had grown to 156 employees at 8 locations. Western Security Bank has a 5-star health rating.

Western Security Bank Routing Number: 292970854

Data for Q1 2012

Institution Statistics Western Security Bank FDIC Certificate # 57248 BankRate Report View Year Established 2001 Employees 156 Primary Regulator FDIC Assets and Liabilities Assets $823.73 million Loans $257.80 million Deposits $585.95 million Equity Capital $93.72 million Loan Loss Allowance $7.20 million Unbacked Noncurrent Loans $383,000 Real Estate Owned $4.79 million Historic Data - March 2011 Assets $764.39 million Equity Capital $86.93 million Loan Loss Allowance $7.60 million Unbacked Noncurrent Loans $4.94 million Real Estate Owned $3.03 million Profit Margin - Quarterly Net Interest Margin 2.82% Return on Assets 1.17% Return on Equity 10.26% Interest Income $6.43 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 Western Security Bank had $5.17 million in non-current loans and owned real-estate with $100.92 million in equity and loan loss allowances on hand to cover it. This gives Western Security Bank a Texas Ratio of 5.12% 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 Western Security Bank decreased slightly from 8.47% as of March 31, 2011 to 5.12% as of March 31, 2012, resulting in a positive change of 39.50%.This indicates that the balance sheet and financial strength for Western Security Bank has improved slightly in recent periods. Deposit Growth In the past year, Western Security Bank has increased its total deposits by $26.9 million, resulting in 4.81% 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 Western Security 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. Western Security Bank has $823.73 million in assets with $100.92 million in equity, resulting in a capitalization level of 12.25%, which is excellent.

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