Security Exchange Bank
Marietta, GA — Non-member Bank
Acquired Jun 2012
Vitals
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Total Assets151.0M -13.5 %
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Total Deposits147.9M -12.3 %
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Total Net Loans69.7M -16.9 %
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Net Income-281000.0000 13.3 %
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Book Value2.9M -48.9 %
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Book Value x25.9M -48.9 %
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Book Value x38.8M -48.9 %
Balance Sheet Highlights
| Financial Highlights | Security Exchange Bank | All Insured Commercial Banks in Georgia |
| Balance Sheet $(000) | ||
| Total Assets | 150,962 | 207,635 |
| Total Net Loans | 69,666 | 123,233 |
| Total Deposits | 147,896 | 180,714 |
| Total Equity | 2,938 | 18,961 |
| Profitability | ||
| Net Income | -281 | 249 |
| Return on Average Assets | -.734 | .446 |
| Return on Average Equity | -36.75 | 3.104 |
| Net Interest Margin | 2.109 | 3.802 |
| Efficiency Ratio | 122.004 | 77.503 |
| Noninterest Income/Revenue | 27.041 | 14.725 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 47.105 | 67.426 |
| Securities/Assets | .124 | .176 |
| Total Equity/Total Assets | .019 | .091 |
| Tangible Equity/Tangible Assets | .019 | .09 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 3,006 | 17,533 |
| Tier 2 Capital | 1,483 | 1,639 |
| Total Capital | 4,489 | 19,217 |
| Total Risk Weighted Assets | 118,359 | 133,274 |
| Leverage Ratio | 1.96 | 9.161 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.54 | 14.533 |
| Total Capital Ratio | 3.79 | 15.772 |
Timeline for Security Exchange Bank
Fidelity Bank
Security Exchange Bank was acquired by Fidelity Bank 11 years
View Profile Jun 16 2012
Seb Bancorp, Inc.
Seb Bancorp, Inc. became a new parent organization for Security Exchange Bank.
View Profile Feb 01 2008
Security Exchange Bank
Security Exchange Bank was established 24 years ago and is currently headquartered in Marietta, GA.
Apr 17 2000| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Fidelity Bank | Buyer | 4,389,827 | Failure | 6/16/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Seb Bancorp, Inc. | Parent | 2/1/2008 | 6/15/2012 |
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