Security State Bank
Anamosa, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2011
Vitals
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Total Assets123.1M 1.9 %
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Total Deposits98.0M 1.0 %
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Total Net Loans88.1M -7.8 %
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Net Income613000.0000 6.1 %
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Book Value11.4M 11.6 %
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Book Value x222.8M 11.6 %
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Book Value x334.3M 11.6 %
Balance Sheet Highlights
Financial Highlights | Security State Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 123,087 | 135,993 |
Total Net Loans | 88,079 | 83,927 |
Total Deposits | 98,013 | 112,487 |
Total Equity | 11,424 | 14,661 |
Profitability | ||
Net Income | 613 | 746 |
Return on Average Assets | .969 | 1.116 |
Return on Average Equity | 11.039 | 10.487 |
Net Interest Margin | 3.573 | 3.833 |
Efficiency Ratio | 56.734 | 61.117 |
Noninterest Income/Revenue | 5.458 | 11.246 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 89.865 | 70.812 |
Securities/Assets | .137 | .245 |
Total Equity/Total Assets | .093 | .108 |
Tangible Equity/Tangible Assets | .093 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 11,383 | 13,262 |
Tier 2 Capital | 1,092 | 1,086 |
Total Capital | 12,475 | 14,348 |
Total Risk Weighted Assets | 86,962 | 95,470 |
Leverage Ratio | 9.07 | 9.928 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.09 | 15.098 |
Total Capital Ratio | 14.35 | 16.203 |
Timeline for Security State Bank
Fidelity Bank & Trust
Security State Bank was acquired by Fidelity Bank & Trust 12 years
View Profile Jul 16 2011Cascade State Corp.
Cascade State Corp. became a new parent organization for Security State Bank.
View Profile Mar 28 1988Security State Bank
Security State Bank was established 138 years ago and is currently headquartered in Anamosa, IA.
Apr 01 1886Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Fidelity Bank & Trust | Buyer | 777,650 | Pooling of Interests | Discontinued | 7/16/2011 |
Relationships | Role | Relationship Start | Relationship End |
Cascade State Corp. | Parent | 3/28/1988 | 7/15/2011 |
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