Security Bank Waconia
Waconia, MN — Domestic Branch of a Domestic Bank
Acquired May 2014
Vitals
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Total Assets172.3M -2.8 %
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Total Deposits153.5M -3.3 %
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Total Net Loans97.7M 3.8 %
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Net Income630000.0000 2.4 %
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Book Value18.7M 1.0 %
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Book Value x237.3M 1.0 %
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Book Value x356.0M 1.0 %
Balance Sheet Highlights
Financial Highlights | Security Bank Waconia | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 172,255 | 131,444 |
Total Net Loans | 97,668 | 81,046 |
Total Deposits | 153,454 | 113,176 |
Total Equity | 18,654 | 13,482 |
Profitability | ||
Net Income | 630 | 336 |
Return on Average Assets | 1.455 | .947 |
Return on Average Equity | 13.831 | 9.369 |
Net Interest Margin | 3.252 | 3.742 |
Efficiency Ratio | 53.422 | 71.207 |
Noninterest Income/Revenue | 7.445 | 12.691 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 63.646 | 68.838 |
Securities/Assets | .319 | .2 |
Total Equity/Total Assets | .108 | .103 |
Tangible Equity/Tangible Assets | .108 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 19,039 | 13,072 |
Tier 2 Capital | 1,519 | 1,024 |
Total Capital | 20,558 | 14,121 |
Total Risk Weighted Assets | 120,561 | 90,050 |
Leverage Ratio | 10.99 | 10.057 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.79 | 15.523 |
Total Capital Ratio | 17.05 | 16.658 |
Timeline for Security Bank Waconia
Security Bank & Trust Company
Security Bank Waconia was acquired by Security Bank & Trust Company 10 years
View Profile May 31 2014Security Bancshares Co.
Security Bancshares Co. became a new parent organization for Security Bank Waconia.
View Profile Jun 30 1989Waconia Bancorporation, Inc.
Waconia Bancorporation, Inc. became a new parent organization for Security Bank Waconia.
View Profile Jun 01 1987Security Bank Waconia
Security Bank Waconia was established 41 years ago and is currently headquartered in Waconia, MN.
Dec 20 1982Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Security Bank & Trust Company | Buyer | 516,476 | Pooling of Interests | Discontinued | 5/31/2014 |
Relationships | Role | Relationship Start | Relationship End |
Security Bancshares Co. | Parent | 6/30/1989 | 5/30/2014 |
Waconia Bancorporation, Inc. | Parent | 6/1/1987 | 6/29/1989 |
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