Vitals
  • Total Assets
    94.6M 0.3 %
  • Total Deposits
    83.0M 0.0 %
  • Total Net Loans
    53.7M -1.3 %
  • Net Income
    1.1M 6.1 %
  • Book Value
    10.6M 3.5 %
  • Book Value x2
    21.3M 3.5 %
  • Book Value x3
    31.9M 3.5 %
ROAA

1.2

ROAE

10.634

Efficiency Ratio

67.384

Net Interest Margin

4.037

Balance Sheet Highlights
Financial Highlights Security State Bank Of Aitkin All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 94,601 147,703
Total Net Loans 53,675 97,223
Total Deposits 83,035 126,600
Total Equity 10,634 15,565
Profitability
Net Income 1,137 1,683
Return on Average Assets 1.2 1.08
Return on Average Equity 10.634 9.905
Net Interest Margin 4.037 3.845
Efficiency Ratio 67.384 68.21
Noninterest Income/Revenue 6.425 13.68
Balance Sheet Ratios
Loan-to-Deposit 64.641 75.205
Securities/Assets .254 .174
Total Equity/Total Assets .112 .105
Tangible Equity/Tangible Assets .112 .103
Capital Adequacy
Tier 1 Common Capital 11,014 15,225
Tier 1 Capital 11,014 15,232
Tier 2 Capital 825 1,135
Total Capital 11,839 16,386
Total Risk Weighted Assets 65,933 105,251
Leverage Ratio 11.57 10.475
Common Equity Tier 1 Capital Ratio 16.7 15.3
Tier 1 Capital Ratio 16.7 15.308
Total Capital Ratio 17.96 16.398

Timeline for Security State Bank Of Aitkin

Cook County State Bank

Acquisition: Security State Bank Of Aitkin acquired a new subsidiary, Cook County State Bank, 23 years

View Profile Jun 23 2001

Security State Agency Of Aitkin, Inc.

Security State Agency Of Aitkin, Inc. became a new parent organization for Security State Bank Of Aitkin.

View Profile Oct 08 1980

Security State Bank Of Aitkin

Security State Bank Of Aitkin was established 76 years ago and is currently headquartered in Aitkin, MN.

Dec 23 1947
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cook County State Bank Seller 13,717 Pooling of Interests Discontinued 6/23/2001
Relationships Role Relationship Start Relationship End
Security State Agency Of Aitkin, Inc. Parent 9/22/1997
Security State Agency Of Aitkin, Inc. Parent 12/2/1994 9/21/1997
Security State Agency Of Aitkin, Inc. Parent 10/27/1994 12/1/1994
Security State Agency Of Aitkin, Inc. Parent 10/18/1994 10/26/1994
Security State Agency Of Aitkin, Inc. Parent 10/17/1994 10/17/1994
Security State Agency Of Aitkin, Inc. Parent 12/30/1991 10/16/1994
Security State Agency Of Aitkin, Inc. Parent 12/5/1991 12/29/1991
Security State Agency Of Aitkin, Inc. Parent 10/22/1991 12/4/1991
Security State Agency Of Aitkin, Inc. Parent 12/31/1984 10/21/1991
Security State Agency Of Aitkin, Inc. Parent 10/8/1980 12/30/1984
Similar Organizations
Organization City State Total Assets
Elk State Bank
 		Clyde KS 95.2M
North Alabama Bank
 		Hazel Green AL 95.1M
First State Bank
 		Stuart IA 95.0M
Ruby Valley Bank
 		Twin Bridges MT 94.7M
Horizon Bank
 		Fyffe AL 96.2M
Security Bank
 		New Auburn WI 96.3M
Fidelity Bank Of Texas
 		Waco TX 94.1M
Bank Of Dade
 		Trenton GA 96.9M
Union State Bank Of Fargo
 		Fargo ND 93.6M
Mountain Valley Bank
 		Dunlap TN 93.4M