|
 |
|
|
 Security Federal Savings Bank of McMinnville
Security Federal Savings Bank of McMinnville
| RSSD ID 631178 | CERTIFICATE 31146 | ABA NUMBER 264171500 |
| 306 W Main St |
Quarter Ended : |
2025-03-31 |
| Mcminnville, Tennessee, 37110 |
Updated : |
2025-04-21 |
| www.secfed.net |
|
| 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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
48 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 391,657 |
|
Total Interest Income | 5,278 |
| Total Liabilities | 354,781 |
|
Total NonInterest Income | 487 |
| Total Bank Equity Capital | 36,876 |
|
Total Interest Expense | 2,393 |
| Total Deposits | 350,734 |
|
Total NonInterest Expense | 2,020 |
| Net Loans & Leases | 276,348 |
|
Net Income | 1,030 |
| Loan Loss Allowance | 2,787 |
|
Net Charge Offs | 2 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 41,449 |
|
Total loans | 272,662 |
| Total assets for the leverage ratio | 372,869 |
|
Loans secured by real estate: | 213,775 |
| Tier 1 Leverage Ratio | 10.29 |
|
Commercial and industrial loans | 41,063 |
| Tier 1 Capital Ratio | 13.74 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.85 |
|
Loans to individuals - Other | 16,725 |
|
|
|
|
:· Security Federal Savings Bank of McMinnville
