Security Bank Corporation (PSE: SECB) released its unaudited 2011 full year results showing a net income of PhP 6.7 billion and a return on equity (ROE) of 25.0%, exceeding its targets for the year.  This accomplishment was achieved as Security Bank continued to uphold its commitment to deliver superior customer experience and shareholder value. Total assets expanded by 30% to PhP 215 billion, with the loan portfolio reflecting a 24%  increase to PhP 92.0 billion as of year-end, spurred by strong credit demand in the  top corporate and middle market segments.   With the asset growth from loans and investments, net interest income likewise grew 24% to Php 7.5 Billion This translated to a healthy net interest margin (NIM) of 4.1%. This strong  core revenue performance was complemented by service charges and foreign exchange income growing by PhP 171.3 million or 11% which compensated for lower trading gains. Security Bank President & Chief Executive Officer Mr. Alberto S. Villarosa remarked: “We clearly surpassed our targets for the year aided by a bullishness that is evident in the renewed investor confidence in the country with unprecedented loan growth not only for our bank but also for the rest of the industry. Our full year performance was likewise enhanced by a favorable emerging bond market as it benefited our efforts at managing the interest rate and duration profile of our investment portfolio. We attribute our outstanding accomplishments to the continued trust, support and confidence of our customers and business partners and to the commitment, dedication and execution skills of our management and staff.” The bank