Security Federal Balance Sheet Health
Financial Health criteria checks 6/6
Security Federal has total assets of $1.6B and total equity of $185.1M. Total deposits are $1.3B, and total loans are $686.7M. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $132.4M.
Key information
8.5x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$1.26b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$132.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SFDL's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: SFDL has a sufficient allowance for bad loans (182%).
Low Risk Liabilities: 90% of SFDL's liabilities are made up of primarily low risk sources of funding.
Loan Level: SFDL has an appropriate level of Loans to Assets ratio (44%).
Low Risk Deposits: SFDL's Loans to Deposits ratio (55%) is appropriate.
Level of Bad Loans: SFDL has an appropriate level of bad loans (1.1%).