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Security State Bank
Security State Bank
RSSD ID 527749 | CERTIFICATE 18448 | ABA NUMBER 73908359 |
207 Isabella St |
Quarter Ended : |
2025-03-31 |
Radcliffe, Iowa, 50230 |
Updated : |
2025-04-23 |
www.ssbiowa.com |
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Institution Profile |
Year Opened : |
1914 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
4 |
Number of Employees : |
19 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 129,960 |
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Total Interest Income | 1,299 |
Total Liabilities | 121,126 |
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Total NonInterest Income | 34 |
Total Bank Equity Capital | 8,834 |
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Total Interest Expense | 639 |
Total Deposits | 120,834 |
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Total NonInterest Expense | 657 |
Net Loans & Leases | 50,635 |
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Net Income | 51 |
Loan Loss Allowance | 629 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 10,181 |
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Total loans | 50,185 |
Total assets for the leverage ratio | 123,304 |
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Loans secured by real estate: | 23,018 |
Tier 1 Leverage Ratio | 7.75 |
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Commercial and industrial loans | 15,950 |
Tier 1 Capital Ratio | 14.33 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 15.27 |
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Loans to individuals - Other | 1,927 |
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