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Security Bank (IL)


Overview / Commentary
www.securitybk.com
217-789-3500
510 E Monroe St
Springfield, IL 62701

Security Bank (IL) is headquartered in Springfield and is the 211th largest bank in the state of Illinois. It is also the 3,131st largest bank in the nation. It was established in 1906 and as of June of 2020, it had grown to 42 employees at 3 locations. Security Bank (IL) has a B+ health rating.

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Health
B+

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #27723
Year Established1906
Employees42
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD2.99%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$184.0MM$150.6MM
LoansQ2 2020vs Q2 2019$99.1MM$98.0MM
DepositsQ2 2020vs Q2 2019$163.0MM$134.3MM
Equity CapitalQ2 2020vs Q2 2019$16.5MM$16.0MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.2MM$886.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.8MM$3.1MM
Real Estate OwnedQ2 2020vs Q2 2019$310.00K$430.00K
Rates

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Locations


Security Bank (IL) Locations
2500 Stevenson Drive Branch2500 Stevenson DriveSpringfield, IL 62703
3001 Chatham Road Branch3001 Chatham RoadSpringfield, IL 62704
Security Bank, S.B.510 E Monroe StSpringfield, IL 62701

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