|
 |
|
|
 The Security State Bank
The Security State Bank
| RSSD ID 598132 | CERTIFICATE 19680 | ABA NUMBER 61212853 |
| 45 W Oak St |
Quarter Ended : |
2025-03-31 |
| Mcrae, Georgia, 31055 |
Updated : |
2025-04-11 |
| https://securitystate.net |
|
| Institution Profile |
| Year Opened : |
1950 |
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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
12 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 62,147 |
|
Total Interest Income | 1,022 |
| Total Liabilities | 54,031 |
|
Total NonInterest Income | 52 |
| Total Bank Equity Capital | 8,116 |
|
Total Interest Expense | 176 |
| Total Deposits | 53,875 |
|
Total NonInterest Expense | 565 |
| Net Loans & Leases | 36,654 |
|
Net Income | 303 |
| Loan Loss Allowance | 722 |
|
Net Charge Offs | (3) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 9,475 |
|
Total loans | 38,098 |
| Total assets for the leverage ratio | 64,426 |
|
Loans secured by real estate: | 28,791 |
| Tier 1 Leverage Ratio | 13.9 |
|
Commercial and industrial loans | 7,468 |
| Tier 1 Capital Ratio | 21.73 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 22.98 |
|
Loans to individuals - Other | 1,638 |
|
|
|
|
:· The Security State Bank
