Security Federal Savings Bank of McMinnville

Mcminnville, TN
IDRSSD: 631178
Total Assets
$381.44M
Latest filing
Total Deposits
$317.14M
Latest filing
Net Interest Margin
3.98%
Profitability

Key People

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Locations

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Main Office
Security Federal Savings Bank of McMinnville
306 W Main St
Mcminnville, TN 37110
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1959FDIC Certificate 43980

Branches (2)

Page 1 of 1
NameAddressCity / State
Security Federal Savings Bank of McMinnville (Main)306 W Main StMcminnville, TN
MCMINNVILLE BRANCH1017 Smithville HwyMc Minnville, TN
MANCHESTER HWY BRANCH5839 Manchester HwyMorrison, TN
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1959
Community BankYes
Ownership TypeNot Mutual
ZIP37110
State and County Number47177
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameMcMinnville, TN

Operational Info

Number of Employees50
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.secfed.net
Data Updated01/30/2026
CERT31146
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$381.44M
Total Deposits$317.14M
Total Liabilities$339.82M
Total Equity Capital$41.62M
Net Income$1.73M
Net Loans and Leases$299.96M
Assets Per Employee ($Millions)$7.63M
Bank Premises and Fixed Assets$2.94M
Cash and Balances due from Depository Institutions$32.52M
Deposits Held in Domestic Offices$317.14M

Key Performance Ratios

Return on Assets (ROA)1.82%
Return on Equity (ROE)16.98%
Net Interest Margin3.98%
Efficiency Ratio51.01%
Tier 1 Risk-Based Capital Ratio14.497%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.912%
Earning Assets to total Assets95.41%

Income and Expense

Total Interest Income$5.67M
Total Noninterest Income$582.00k
Total Interest Expense$2.08M
Total Noninterest Expense$2.13M
Net Interest Income$3.59M
Pre-tax Net Operating Income$1.96M
Provision for Credit Losses$86.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$10.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$9.00M
All Other Liabilities$3.69M
Total Liabilities and Capital$381.44M

Securities

Securities$36.78M
Available-for-sale debt securities$36.70M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Federal Savings Bank of McMinnville?
$381.44M as of the latest filing.
How much are Security Federal Savings Bank of McMinnville's total deposits?
$317.14M in total deposits.
Where is Security Federal Savings Bank of McMinnville located?
Mcminnville, TN.
What is the Net Interest Margin?
3.98%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1959.
What is the Return on Assets (ROA)?
1.82%.
How much are total loans and leases?
$299.96M (latest filing).
What is the total interest income (latest filing)?
$5.67M.