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Security State Bank
Security State Bank
RSSD ID 111979 | CERTIFICATE 13232 | ABA NUMBER 125100607 |
1930 S Gold St |
Quarter Ended : |
2025-03-31 |
Centralia, Washington, 98531 |
Updated : |
2025-04-25 |
www.ssbwa.com |
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Institution Profile |
Year Opened : |
1903 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
12 |
Number of Employees : |
85 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 612,965 |
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Total Interest Income | 7,635 |
Total Liabilities | 508,556 |
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Total NonInterest Income | 760 |
Total Bank Equity Capital | 104,409 |
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Total Interest Expense | 1,151 |
Total Deposits | 503,298 |
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Total NonInterest Expense | 3,407 |
Net Loans & Leases | 229,123 |
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Net Income | 3,837 |
Loan Loss Allowance | 6,991 |
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Net Charge Offs | 2 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 106,245 |
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Total loans | 236,616 |
Total assets for the leverage ratio | 614,510 |
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Loans secured by real estate: | 185,233 |
Tier 1 Leverage Ratio | 16.77 |
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Commercial and industrial loans | 42,670 |
Tier 1 Capital Ratio | 40.73 |
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Loans to individuals - Credit Cards | 1,732 |
Total Capital Ratio | 42 |
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Loans to individuals - Other | 2,959 |
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