Security State Bank
Guttenberg, IA — Domestic Branch of a Domestic Bank
Acquired Aug 2011
Vitals
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Total Assets91.0M 3.9 %
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Total Deposits76.0M 5.4 %
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Total Net Loans45.9M -0.7 %
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Net Income667000.0000 15.2 %
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Book Value12.4M 1.0 %
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Book Value x224.7M 1.0 %
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Book Value x337.1M 1.0 %
Balance Sheet Highlights
Financial Highlights | Security State Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 90,999 | 135,993 |
Total Net Loans | 45,888 | 83,927 |
Total Deposits | 76,047 | 112,487 |
Total Equity | 12,360 | 14,661 |
Profitability | ||
Net Income | 667 | 746 |
Return on Average Assets | 1.473 | 1.116 |
Return on Average Equity | 11.304 | 10.487 |
Net Interest Margin | 3.657 | 3.833 |
Efficiency Ratio | 44.809 | 61.117 |
Noninterest Income/Revenue | 5.819 | 11.246 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 60.342 | 70.812 |
Securities/Assets | .364 | .245 |
Total Equity/Total Assets | .136 | .108 |
Tangible Equity/Tangible Assets | .093 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 7,577 | 13,262 |
Tier 2 Capital | 599 | 1,086 |
Total Capital | 8,176 | 14,348 |
Total Risk Weighted Assets | 54,356 | 95,470 |
Leverage Ratio | 8.68 | 9.928 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.94 | 15.098 |
Total Capital Ratio | 15.04 | 16.203 |
Timeline for Security State Bank
Peoples State Bank
Security State Bank was acquired by Peoples State Bank 12 years
View Profile Aug 20 2011Peoples Bancorp, Inc.
Peoples Bancorp, Inc. became a new parent organization for Security State Bank.
View Profile Dec 30 2008Tanco, Ltd.
Tanco, Ltd. became a new parent organization for Security State Bank.
View Profile Feb 28 1983Security State Bank
Security State Bank was established 90 years ago and is currently headquartered in Guttenberg, IA.
Jan 01 1934Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Peoples State Bank | Buyer | 714,447 | Pooling of Interests | Discontinued | 8/20/2011 |
Relationships | Role | Relationship Start | Relationship End |
Peoples Bancorp, Inc. | Parent | 12/30/2008 | 8/19/2011 |
Tanco, Ltd. | Parent | 12/30/1997 | 12/29/2008 |
Tanco, Ltd. | Parent | 2/28/1983 | 12/29/1997 |
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