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 Security State Bank of Marine
Security State Bank of Marine
| RSSD ID 990053 | CERTIFICATE 10163 | ABA NUMBER 91914561 |
| 120 Judd St |
Quarter Ended : |
2025-03-31 |
| Marine On St. Croix, Minnesota, 55047 |
Updated : |
2025-04-21 |
| www.themarinebank.com |
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| Institution Profile |
| Year Opened : |
1919 |
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 : |
4 |
Number of Employees : |
23 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 229,353 |
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Total Interest Income | 2,943 |
| Total Liabilities | 206,778 |
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Total NonInterest Income | 418 |
| Total Bank Equity Capital | 22,575 |
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Total Interest Expense | 725 |
| Total Deposits | 205,514 |
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Total NonInterest Expense | 1,137 |
| Net Loans & Leases | 166,702 |
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Net Income | 1,326 |
| Loan Loss Allowance | 2,072 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 25,132 |
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Total loans | 169,316 |
| Total assets for the leverage ratio | 220,278 |
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Loans secured by real estate: | 148,636 |
| Tier 1 Leverage Ratio | 10.53 |
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Commercial and industrial loans | 15,011 |
| Tier 1 Capital Ratio | 15.02 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.27 |
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Loans to individuals - Other | 2,637 |
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:· Security State Bank of Marine
