Security Bank's non-performing loans reached 0.612% of total loans at the end of 2019-06-30, up from 0.318% compared to the previous year. Historically, the NPL ratio hit an all time high of 17.9% in 2003-12-31 and an all time low of 0.099% in 2017-06-30.
Provision coverage amounted to 210% at the end of 2019-06-30, down from 317% compared to a year earlier.
The bank created loan loss provisions worth of 0.328% of average loans in 2019-06-30. That's compared to 0.237% of loans the bank put aside to its cost on average in the last five years.
You can see all the bank’s data at Security Bank Profile, or you can download a report on the bank in the report section.
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