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 Prime Security Bank
Prime Security Bank
| RSSD ID 909756 | CERTIFICATE 10971 | ABA NUMBER 91215587 |
| 201 Main St N |
Quarter Ended : |
2025-03-31 |
| Karlstad, Minnesota, 56732 |
Updated : |
2025-04-18 |
| www.primesecurity.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 : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
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 | 144,000 |
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Total Interest Income | 1,898 |
| Total Liabilities | 132,619 |
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Total NonInterest Income | 180 |
| Total Bank Equity Capital | 11,381 |
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Total Interest Expense | 777 |
| Total Deposits | 123,216 |
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Total NonInterest Expense | 781 |
| Net Loans & Leases | 120,421 |
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Net Income | 502 |
| Loan Loss Allowance | 1,026 |
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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 | 12,539 |
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Total loans | 117,649 |
| Total assets for the leverage ratio | 132,516 |
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Loans secured by real estate: | 104,934 |
| Tier 1 Leverage Ratio | 8.66 |
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Commercial and industrial loans | 8,250 |
| Tier 1 Capital Ratio | 10.56 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.55 |
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Loans to individuals - Other | 3,894 |
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:· Prime Security Bank
