Security First Bank

5505 Red Rock Lane
Lincoln, NE 68516

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5415
Date Established 1924
Assets $0.99 billion
Loans $0.72 billion
Deposits $0.81 billion
Capital $0.10 billion

Security First Bank is an FDIC insured institution located in Lincoln, NE. It was founded in 1924 and has approximately $0.99 billion in assets. Customers can open an account at one of its 33 branches.

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

Bank Loan Profile?

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

Compared to other banks in Nebraska, Security First Bank has a significantly higher percent of 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 12.66
Multifamily
Mortgages
4.93
Credit Card Loans 0.00
Consumer Auto Loans 1.28
Small Business Loans 5.18
Construction and Development Loans 7.10
Commercial Real Estate 24.39
Commercial and Industrial Loans 11.45
Farm Loans 15.88

Deposit Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.10% $1 $19,999 Learn MoreShow Less
Premium Money Market Account
0.25% $20,000 $69,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.15% $1 $14,999 Learn MoreShow Less

Loan Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Auto Loan Rates APR Rate Monthly Payment
3 Year 1.95% 1.95% $715.52
4 Year 1.95% 1.95% $541.83
5 Year 1.95% 1.95% $437.65

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Security First Bank 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:
Ashburn,Virginia


Security First Bank Locations

Financial Details

Security First Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Security First Bank. 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
Security First Bank U.S. Bank Average
2.21% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 June 30, 2018, Security First Bank had $2,401,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $96,542,000 in equity and $12,026,000 in loans loss reserves. That gives it a Texas Ratio of 2.21%.

Return on Equity
Security First Bank U.S. Bank Average
10.59% 9.77%

Security First Bank has a Return on Equity of 10.59% versus the BestCashCow average of 9.77%. 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
Security First Bank U.S. Bank Average
9.76% 12.31%

Security First Bank has a Capitalization of 9.76% versus the BestCashCow average of 12.31. 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.

Security First Bank Balance Sheet Analysis

As of June 30, 2018, Security First Bank had assets of $989,380,000, loans of $721,442,000, and deposits of $805,235,000. 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

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.00 billion
Total securities $0.19 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.72 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $0.02 billion
     Total Assets $0.89 billion
LIABILITIES
Total deposits $0.81 billion
      Interest-bearing deposits $0.64 billion
      Deposits held in domestic offices $0.81 billion
      % insured (estimated) 80.45%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.08 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.89 billion
      Shareholders’ Equity $0.10 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Security First Bank

Branches and Savings

Is Security First Bank FDIC insured?

Yes. It is covered under FDIC Certificate #5415.

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

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

Why are Security First Bank CD rates not competitive?

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

Is Security First Bank a commercial bank?

Yes

Where are Security First Bank locations?

See branch locations nearby.

Is Security First Bank open on Saturdays?

Is Security First Bank open on Sundays?

What time does Security First Bank open?

What time does Security First Bank close?

Are Security First Bank ATMs Open 24/7?

Do Security First Bank ATMs accept cash deposits?

Can Security First Bank customers use other ATMs?

Do Security First Bank branches have notaries?

Will Security First Bank notarize my document?

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

Will the Security First Bank branch print checks?

Do Security First Bank checks expire?

Does Security First Bank require US citizenship to open account?

Can Security First Bank close my account?

Does Security First Bank Report to credit bureaus?

Does Security First Bank Use Equifax?

What is Security First Bank's ACH Routing Number?

What is Security First Bank's SWIFT code?

Products

Does Security First Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Security First Bank offer personal loans?

Compare personal loan rates here.

Does Security First Bank offer student loans?

Will Security First Bank cash a check?

Will Security First Bank redeem a savings bond?

Does Security First Bank cash savings bonds?

Will Security First Bank cash money orders?

Can Security First Bank issue a money order?

Does Security First Bank do currency exchange?

Background on The Bank

Who owns Security First Bank?

How long has Security First Bank been around?

Can Security First Bank transfer to other banks?

Does Security First Bank have quick pay?

Does Security First Bank accept rolled coins?

Will Security First Bank accept loose change?

Where is Security First Bank headquarters?

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