Vitals
  • Total Assets
    49.2M -7.0 %
  • Total Deposits
    45.4M -6.3 %
  • Total Net Loans
    29.2M -22.0 %
  • Net Income
    -155000.0000 52.3 %
  • Book Value
    3.7M -15.9 %
  • Book Value x2
    7.4M -15.9 %
  • Book Value x3
    11.2M -15.9 %
ROAA

-.602

ROAE

-8.024

Efficiency Ratio

93.605

Net Interest Margin

2.709

Balance Sheet Highlights
Financial Highlights Security State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 49,228 155,772
Total Net Loans 29,172 94,091
Total Deposits 45,426 130,050
Total Equity 3,717 16,465
Profitability
Net Income -155 900
Return on Average Assets -.602 1.11
Return on Average Equity -8.024 10.293
Net Interest Margin 2.709 3.501
Efficiency Ratio 93.605 61.108
Noninterest Income/Revenue .727 14.33
Balance Sheet Ratios
Loan-to-Deposit 64.219 67.717
Securities/Assets .091 .26
Total Equity/Total Assets .076 .106
Tangible Equity/Tangible Assets .076 .102
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 3,757 15,638
Tier 2 Capital 493 1,200
Total Capital 4,250 16,839
Total Risk Weighted Assets 39,520 109,537
Leverage Ratio 7.48 10.061
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.51 15.541
Total Capital Ratio 10.75 16.611

Timeline for Security State Bank

Security State Bank

Security State Bank was acquired by Security State Bank 11 years

View Profile Aug 06 2013

Tri-County State Bank

Acquisition: Security State Bank acquired a new subsidiary, Tri-County State Bank, 35 years

View Profile Dec 15 1988

D.W. Heineking, Inc.

D.W. Heineking, Inc. became a new parent organization for Security State Bank.

View Profile Dec 31 1970

Security State Bank

Security State Bank was established 89 years ago and is currently headquartered in Hubbard, IA.

Oct 14 1935
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Security State Bank Buyer 92,915 Acquisition Discontinued 8/6/2013
Tri-County State Bank Seller 9,414 Discontinued 12/15/1988
Relationships Role Relationship Start Relationship End
D.W. Heineking, Inc. Parent 12/28/1995 8/5/2013
D.W. Heineking, Inc. Parent 12/31/1970 12/27/1995
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