First Security Bank, National Association

Headquarters

1801 Cross Timbers
Flower Mound, TX 75028
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Security Bank, National Association is an FDIC insured institution located in Flower Mound, TX. It was founded in 1907 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 17209
Date Established 1907
Assets $ 173.23 million
Loans $ 121.51 million
Deposits $ 150.73 million
Capital $ 21.35 million
 

For a more detailed analysis of First Security Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Security Bank, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to First Security Bank, National Association
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Branches

First Security Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Security Bank, National Association Locations


Financial Details

First Security Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Security Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Security Bank, National Association U.S. Bank Average
10.26% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Security Bank, National Association had $169,000 in non-current loans and $2,249,000 in owned real estate. To cover these potential losses it had $21,346,000 in equity and $2,218,000 in loans loss reserves. That gives it a Texas Ratio of 10.26%.

Return on Equity
First Security Bank, National Association U.S. Bank Average
16.2% 7.80%

First Security Bank, National Association has a Return on Equity of 16.2% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Security Bank, National Association U.S. Bank Average
12.32% 12.68%

First Security Bank, National Association has a Capitalization of 12.32% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Security Bank, National Association Balance Sheet Analysis

As of September 30, 2013, First Security Bank, National Association had assets of $173,232,000, loans of $121,509,000, and deposits of $150,731,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 121.51 million
Loan loss allowance $ 2.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.25 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 150.73 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 173.23 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Security Bank, National Association’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Texas, First Security Bank, National Association has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 19.75
Multifamily
Mortgages
5.20
Credit Card Loans 0.00
Consumer Auto Loans 1.04
Small Business Loans 23.70
Construction and Development Loans 13.67
Commercial Real Estate 45.66
Commercial and Industrial Loans 10.87
Farm Loans 0.00

Frequently Asked Questions About First Security Bank, National Association

Branches and Savings

Is First Security Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #17209.

Why does First Security Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Security Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Security Bank, National Association a commercial bank?

Yes

Where are First Security Bank, National Association locations?

See branch locations nearby.

Is First Security Bank, National Association open on Saturdays?

Is First Security Bank, National Association open on Sundays?

What time does First Security Bank, National Association open?

What time does First Security Bank, National Association close?

Are First Security Bank, National Association ATMs Open 24/7?

Do First Security Bank, National Association ATMs accept cash deposits?

Can First Security Bank, National Association customers use other ATMs?

Do First Security Bank, National Association branches have notaries?

Will First Security Bank, National Association notarize my document?

What address for First Security Bank, National Association should I put for incoming ACH transfers?

Will the First Security Bank, National Association branch print checks?

Do First Security Bank, National Association checks expire?

Does First Security Bank, National Association require US citizenship to open account?

Can First Security Bank, National Association close my account?

Does First Security Bank, National Association Report to credit bureaus?

Does First Security Bank, National Association Use Equifax?

What is First Security Bank, National Association's ACH Routing Number?

What is First Security Bank, National Association's SWIFT code?

Products

Does First Security Bank, National Association offer mortgages?

Compare mortgage rates here.

Does First Security Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Security Bank, National Association offer personal loans?

Compare personal loan rates here.

Does First Security Bank, National Association offer student loans?

Will First Security Bank, National Association cash a check?

Will First Security Bank, National Association redeem a savings bond?

Does First Security Bank, National Association cash savings bonds?

Will First Security Bank, National Association cash money orders?

Can First Security Bank, National Association issue a money order?

Does First Security Bank, National Association do currency exchange?

Background on The Bank

Who owns First Security Bank, National Association?

How long has First Security Bank, National Association been around?

Can First Security Bank, National Association transfer to other banks?

Does First Security Bank, National Association have quick pay?

Does First Security Bank, National Association accept rolled coins?

Will First Security Bank, National Association accept loose change?

Where is First Security Bank, National Association headquarters?

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