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 Security Federal Savings Bank of McMinnville
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Security Federal Savings Bank of McMinnville
| RSSD ID 631178 | CERTIFICATE 31146 | ABA NUMBER 264171500 |
| 306 W Main St |
Quarter Ended : |
2026-03-31 |
| Mcminnville, Tennessee, 37110 |
Updated : |
2026-04-11 |
| www.secfed.net |
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| Institution Profile |
| Year Opened : |
1959 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
49 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 378,520 |
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Total Interest Income | 5,560 |
| Total Liabilities | 335,516 |
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Total NonInterest Income | 442 |
| Total Bank Equity Capital | 43,004 |
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Total Interest Expense | 1,912 |
| Total Deposits | 331,323 |
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Total NonInterest Expense | 2,092 |
| Net Loans & Leases | 308,019 |
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Net Income | 1,443 |
| Loan Loss Allowance | 2,876 |
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Net Charge Offs | 48 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 47,083 |
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Total loans | 307,239 |
| Total assets for the leverage ratio | 373,184 |
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Loans secured by real estate: | 251,053 |
| Tier 1 Leverage Ratio | 11.77 |
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Commercial and industrial loans | 39,959 |
| Tier 1 Capital Ratio | 14.73 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.8 |
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Loans to individuals - Other | 16,088 |
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:· Security Federal Savings Bank of McMinnville
