Dear Client:

2007 was an excellent year for Security Savings Bank with net income for the year totaling over a million dollars.  End of fourth quarter figures show bank assets exceeding $91 million. Our loan portfolio remains solid at $60 million and deposits are now in excess of $69 million.  Our emphasis continues to be directed toward generating high quality loans and investments, which benefit the communities we serve.

The availability to obtain real estate loans is readily available for qualified buyers.  The rates have declined making it an opportune time to refinance or purchase a new home.  Security Bank has flexible terms and we are willing to discuss your options.

The majority of the area’s corn and soybean crops were excellent again this year.  Therefore it was a very profitable harvest with commodity prices above average. Agriculture is our main industry and we rely on it as a major force in our local economy.  The year 2008 will create a challenge for our area farmers with higher input costs and cash rent.

We look forward to continued growth. Our success would not have been possible without your support and commitment.  We do appreciate the confidence you have placed in Security Savings Bank.  Best wishes for a very successful 2008.

 Sincerely,

Kent J. Rutherford
President/CEO