Vitals
  • Total Assets
    93.6M -1.6 %
  • Total Deposits
    81.3M -3.8 %
  • Total Net Loans
    49.8M -2.0 %
  • Net Income
    744000.0000 -17.5 %
  • Book Value
    9.5M -5.8 %
  • Book Value x2
    19.0M -5.8 %
  • Book Value x3
    28.5M -5.8 %
ROAA

.783

ROAE

7.236

Efficiency Ratio

67.648

Net Interest Margin

3.049

Balance Sheet Highlights
Financial Highlights Security State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 93,561 198,346
Total Net Loans 49,753 133,864
Total Deposits 81,332 165,124
Total Equity 9,502 22,060
Profitability
Net Income 744 2,310
Return on Average Assets .783 1.15
Return on Average Equity 7.236 9.92
Net Interest Margin 3.049 3.587
Efficiency Ratio 67.648 60.34
Noninterest Income/Revenue 6.201 13.494
Balance Sheet Ratios
Loan-to-Deposit 61.173 77.091
Securities/Assets .252 .197
Total Equity/Total Assets .102 .111
Tangible Equity/Tangible Assets .093 .107
Capital Adequacy
Tier 1 Common Capital 9,606 21,135
Tier 1 Capital 9,606 21,140
Tier 2 Capital 679 1,625
Total Capital 10,285 22,777
Total Risk Weighted Assets 54,093 151,308
Leverage Ratio 9.93 10.944
Common Equity Tier 1 Capital Ratio 17.76 15.631
Tier 1 Capital Ratio 17.76 15.631
Total Capital Ratio 19.01 16.675

Timeline for Security State Bank

Security State Bank

Acquisition: Security State Bank acquired a new subsidiary, Security State Bank, 11 years

View Profile Aug 06 2013

Drake Holding Company

Drake Holding Company became a new parent organization for Security State Bank.

View Profile Feb 23 1983

Security State Bank

Security State Bank was established 110 years ago and is currently headquartered in Radcliffe, IA.

Oct 14 1914
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Security State Bank Seller 49,228 Acquisition Discontinued 8/6/2013
Relationships Role Relationship Start Relationship End
Drake Holding Company Parent 2/23/1983
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