Security Federal Savings Bank of McMinnville
Mcminnville, TN
IDRSSD: 631178
Total Assets
$375.53M
Latest filing
Total Deposits
$327.96M
Latest filing
Net Interest Margin
3.83%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Security Federal Savings Bank of McMinnville
306 W Main St
Mcminnville, TN 37110
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1959FDIC Certificate 43980
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Security Federal Savings Bank of McMinnville (Main) | 306 W Main St | Mcminnville, TN |
| MCMINNVILLE BRANCH | 1017 Smithville Hwy | Mc Minnville, TN |
| MANCHESTER HWY BRANCH | 5839 Manchester Hwy | Morrison, 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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1959 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 37110 |
| State and County Number | 47177 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Dallas |
| Core Based Statistical Area Name | McMinnville, TN |
Operational Info
| Number of Employees | 49 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.secfed.net |
| Data Updated | 11/14/2025 |
| CERT | 31146 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $375.53M |
| Total Deposits | $327.96M |
| Total Liabilities | $335.83M |
| Total Equity Capital | $39.70M |
| Net Income | $1.49M |
| Net Loans and Leases | $293.45M |
| Assets Per Employee ($Millions) | $7.51M |
| Bank Premises and Fixed Assets | $2.87M |
| Cash and Balances due from Depository Institutions | $30.05M |
| Deposits Held in Domestic Offices | $327.96M |
Key Performance Ratios
| Return on Assets (ROA) | 1.57% |
| Return on Equity (ROE) | 15.35% |
| Net Interest Margin | 3.83% |
| Efficiency Ratio | 50.4% |
| Tier 1 Risk-Based Capital Ratio | 14.141% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.03% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.573% |
| Earning Assets to total Assets | 95.33% |
Income and Expense
| Total Interest Income | $5.69M |
| Total Noninterest Income | $555.00k |
| Total Interest Expense | $2.23M |
| Total Noninterest Expense | $2.03M |
| Net Interest Income | $3.47M |
| Pre-tax Net Operating Income | $1.97M |
| Provision for Credit Losses | $29.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $4.00M |
| All Other Liabilities | $3.87M |
| Total Liabilities and Capital | $375.53M |
Securities
| Securities | $40.29M |
| Available-for-sale debt securities | $40.21M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$375.53M as of the latest filing.
How much are Security Federal Savings Bank of McMinnville's total deposits?
$327.96M in total deposits.
Where is Security Federal Savings Bank of McMinnville located?
Mcminnville, TN.
What is the Net Interest Margin?
3.83%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1959.
What is the Return on Assets (ROA)?
1.57%.
How much are total loans and leases?
$293.45M (latest filing).
What is the total interest income (latest filing)?
$5.69M.