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 Security State Bank
Security State Bank
| RSSD ID 389358 | CERTIFICATE 11907 | ABA NUMBER 111320899 |
| 100 5th St |
Quarter Ended : |
2025-03-31 |
| Farwell, Texas, 79325 |
Updated : |
2025-04-30 |
| www.ssbfarwell.com |
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| Institution Profile |
| Year Opened : |
1925 |
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 : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
17 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 314,592 |
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Total Interest Income | 4,810 |
| Total Liabilities | 273,267 |
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Total NonInterest Income | 1,170 |
| Total Bank Equity Capital | 41,325 |
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Total Interest Expense | 1,877 |
| Total Deposits | 272,484 |
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Total NonInterest Expense | 1,171 |
| Net Loans & Leases | 227,397 |
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Net Income | 2,802 |
| Loan Loss Allowance | 2,840 |
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Net Charge Offs | 0 |
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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 | 218,726 |
| Total assets for the leverage ratio | 301,280 |
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Loans secured by real estate: | 101,416 |
| Tier 1 Leverage Ratio | 13.72 |
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Commercial and industrial loans | 79,117 |
| Off Balance Sheet Exposures (%) | 20 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,794 |
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:· Security State Bank
