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 Security State Bank of Wanamingo
Security State Bank of Wanamingo
| RSSD ID 211851 | CERTIFICATE 18378 | ABA NUMBER 91914257 |
| 232 Main St |
Quarter Ended : |
2025-03-31 |
| Wanamingo, Minnesota, 55983 |
Updated : |
2025-04-29 |
| www.ssbwanamingo.com |
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| Institution Profile |
| Year Opened : |
1917 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
11 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 100,753 |
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Total Interest Income | 1,418 |
| Total Liabilities | 89,761 |
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Total NonInterest Income | 56 |
| Total Bank Equity Capital | 10,992 |
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Total Interest Expense | 490 |
| Total Deposits | 87,822 |
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Total NonInterest Expense | 501 |
| Net Loans & Leases | 81,036 |
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Net Income | 370 |
| Loan Loss Allowance | 896 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 80,954 |
| Total assets for the leverage ratio | 98,751 |
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Loans secured by real estate: | 53,954 |
| Tier 1 Leverage Ratio | 11.38 |
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Commercial and industrial loans | 10,701 |
| Off Balance Sheet Exposures (%) | 15.33 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 647 |
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:· Security State Bank of Wanamingo
