Vitals
  • Total Assets
    57.3M 0.2 %
  • Total Deposits
    40.4M 0.8 %
  • Total Net Loans
    45.2M 2.5 %
  • Net Income
    142000.0000 0.7 %
  • Book Value
    6.3M -19.1 %
  • Book Value x2
    12.6M -19.1 %
  • Book Value x3
    18.9M -19.1 %
ROAA

.966

ROAE

9.135

Efficiency Ratio

58.992

Net Interest Margin

3.338

Balance Sheet Highlights
Financial Highlights Security State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 57,305 95,768
Total Net Loans 45,174 65,325
Total Deposits 40,388 77,190
Total Equity 6,286 9,639
Profitability
Net Income 142 339
Return on Average Assets .966 1.2
Return on Average Equity 9.135 11.768
Net Interest Margin 3.338 3.763
Efficiency Ratio 58.992 62.083
Noninterest Income/Revenue 10.802 9.956
Balance Sheet Ratios
Loan-to-Deposit 111.85 81.822
Securities/Assets .083 .37
Total Equity/Total Assets .11 .101
Tangible Equity/Tangible Assets .085 .068
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,901 9,332
Tier 2 Capital 591 746
Total Capital 5,492 10,071
Total Risk Weighted Assets 46,666 70,446
Leverage Ratio 8.54 10.177
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.5 14.462
Total Capital Ratio 11.77 15.515

Timeline for Security State Bank

Northwestern Bank

Security State Bank was acquired by Northwestern Bank 18 years

View Profile Apr 22 2006

Security National Corporation

Security National Corporation became a new parent organization for Security State Bank.

View Profile Nov 01 1996

Security Agency

Security Agency became a new subsidiary organization for Security State Bank.

View Profile Dec 20 1995

Sheldon Security Financial Corporation

Sheldon Security Financial Corporation became a new parent organization for Security State Bank.

View Profile Jan 01 1990

Sheldon Security Bancorporation, Inc.

Sheldon Security Bancorporation, Inc. became a new parent organization for Security State Bank.

View Profile Mar 21 1977

Want to see more?

Complete timeline for Security State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Northwestern Bank Buyer 220,010 Pooling of Interests Discontinued 4/22/2006
State Bank Of Archer Seller Discontinued 5/3/1965
Relationships Role Relationship Start Relationship End
Security National Corporation Parent 11/1/1996 4/21/2006
Sheldon Security Financial Corporation Parent 1/1/1990 10/31/1996
Sheldon Security Bancorporation, Inc. Parent 12/31/1979 12/31/1989
Sheldon Security Bancorporation, Inc. Parent 3/21/1977 12/30/1979
Security Agency Subsidary 12/20/1995 1/11/1996
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