Vitals
  • Total Assets
    150.1M 8.1 %
  • Total Deposits
    112.4M 4.3 %
  • Total Net Loans
    96.9M 14.0 %
  • Net Income
    1.6M 5.7 %
  • Book Value
    17.9M 4.7 %
  • Book Value x2
    35.9M 4.7 %
  • Book Value x3
    53.8M 4.7 %
ROAA

1.175

ROAE

9.336

Efficiency Ratio

51.224

Net Interest Margin

3.657

Balance Sheet Highlights
Financial Highlights Northeast Security Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 150,141 198,346
Total Net Loans 96,895 133,864
Total Deposits 112,433 165,124
Total Equity 17,927 22,060
Profitability
Net Income 1,647 2,310
Return on Average Assets 1.175 1.15
Return on Average Equity 9.336 9.92
Net Interest Margin 3.657 3.587
Efficiency Ratio 51.224 60.34
Noninterest Income/Revenue 9.701 13.494
Balance Sheet Ratios
Loan-to-Deposit 86.18 77.091
Securities/Assets .217 .197
Total Equity/Total Assets .119 .111
Tangible Equity/Tangible Assets .104 .107
Capital Adequacy
Tier 1 Common Capital 16,209 21,135
Tier 1 Capital 16,209 21,140
Tier 2 Capital 1,390 1,625
Total Capital 17,599 22,777
Total Risk Weighted Assets 111,154 151,308
Leverage Ratio 11.31 10.944
Common Equity Tier 1 Capital Ratio 14.58 15.631
Tier 1 Capital Ratio 14.58 15.631
Total Capital Ratio 15.83 16.675

Timeline for Northeast Security Bank

Fairbank State Bank

Acquisition: Northeast Security Bank acquired a new subsidiary, Fairbank State Bank, 16 years

View Profile Apr 01 2008

Independence Bancshares, Inc.

Independence Bancshares, Inc. became a new parent organization for Northeast Security Bank.

View Profile May 01 1996

First State Bancorporation

First State Bancorporation became a new parent organization for Northeast Security Bank.

View Profile Feb 10 1982

Northeast Security Bank

Northeast Security Bank was established 136 years ago and is currently headquartered in Sumner, IA.

Jan 01 1888
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fairbank State Bank Seller 29,660 Pooling of Interests Discontinued 4/1/2008
Relationships Role Relationship Start Relationship End
Independence Bancshares, Inc. Parent 5/1/1996
First State Bancorporation Parent 12/12/1994 4/30/1996
First State Bancorporation Parent 8/12/1985 12/11/1994
First State Bancorporation Parent 12/31/1983 8/11/1985
First State Bancorporation Parent 2/10/1982 12/30/1983
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