Security Bank S B
Springfield, Illinois · FDIC Cert #27723
Security Bank S B is an FDIC-insured bank (Certificate #27723) with $219M in total assets and $205M in total deposits as of the Q2 2024 Call Report. Headquartered in Springfield, Illinois, the bank maintains a Tier 1 capital ratio of 16.17% (Well-Capitalized) and a nonperforming loan ratio of 1.85%. BankHealthData assigns a composite Health Grade of A (83/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Security Bank S B (FDIC cert 27723) is a community bank — $219M in total assets, $205M in deposits, serving the Springfield, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 16.17% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 1.85% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is very high: 45.7% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is thin: ROA of 0.60% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Security Bank S B carries a composite BankHealth grade of A (83/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Security Bank S B
- Total Assets
- $219M
- Total Deposits
- $205M
- Tier 1 Capital Ratio
- 16.17%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.85%
- Liquidity Ratio
- 45.74%
- Return on Assets
- 0.60%
- Headquarters
- Springfield, Illinois
- FDIC Certificate
- #27723
- Health Grade
- A (83/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Security Bank S B holds a Tier 1 capital ratio of 16.17%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Security Bank S B has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Security Bank S B shows strong financial health indicators. With $219M in assets and a Health Score of 83/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Security Bank S B Compares
Security Bank S B’s Health Score of 83 is 11 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 16.17% Tier 1 capital ratio is 2.2 points above the US banking industry average near 14%. The 1.85% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.60% is below the national ROA benchmark of ~1.1%. Among 1537 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Security Bank S B is 13 points above the portfolio average of 70.
Frequently Asked Questions
Security Bank S B has a Bank Health Score of A (83/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.17%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Security Bank S B's Tier 1 capital ratio of 16.17% and nonperforming loan ratio of 1.85% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Security Bank S B is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27723). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Security Bank S B holds $219M in total assets and $205M in total deposits. It is headquartered in Springfield, Illinois (FDIC Certificate #27723).
Security Bank S B has a Tier 1 capital ratio of 16.17%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.85%, and the return on assets is 0.60%.
Yes. Security Bank S B is FDIC-insured (Certificate #27723). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Security Bank S B's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.