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 Security State Bank
Security State Bank
| RSSD ID 425845 | CERTIFICATE 235 | ABA NUMBER 73921161 |
| 109 W 2nd St |
Quarter Ended : |
2025-03-31 |
| Sutherland, Iowa, 51058 |
Updated : |
2025-04-14 |
| mysecuritystate.com |
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| Institution Profile |
| Year Opened : |
1931 |
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 : |
5 |
Number of Employees : |
34 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 457,200 |
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Total Interest Income | 6,984 |
| Total Liabilities | 412,523 |
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Total NonInterest Income | 96 |
| Total Bank Equity Capital | 44,677 |
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Total Interest Expense | 2,888 |
| Total Deposits | 312,004 |
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Total NonInterest Expense | 1,241 |
| Net Loans & Leases | 412,533 |
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Net Income | 2,631 |
| Loan Loss Allowance | 4,227 |
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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 | 405,655 |
| Total assets for the leverage ratio | 436,898 |
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Loans secured by real estate: | 205,766 |
| Tier 1 Leverage Ratio | 10.21 |
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Commercial and industrial loans | 61,470 |
| Off Balance Sheet Exposures (%) | 0.78 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 12,402 |
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:· Security State Bank
