Vitals
  • Total Assets
    111.0M 5.3 %
  • Total Deposits
    81.8M -1.1 %
  • Total Net Loans
    52.4M 15.1 %
  • Net Income
    1.0M -8.0 %
  • Book Value
    13.3M 1.9 %
  • Book Value x2
    26.5M 1.9 %
  • Book Value x3
    39.8M 1.9 %
ROAA

.994

ROAE

7.775

Efficiency Ratio

61.665

Net Interest Margin

3.387

Balance Sheet Highlights
Financial Highlights Security State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 110,951 198,346
Total Net Loans 52,436 133,864
Total Deposits 81,755 165,124
Total Equity 13,253 22,060
Profitability
Net Income 1,042 2,310
Return on Average Assets .994 1.15
Return on Average Equity 7.775 9.92
Net Interest Margin 3.387 3.587
Efficiency Ratio 61.665 60.34
Noninterest Income/Revenue 17.967 13.494
Balance Sheet Ratios
Loan-to-Deposit 64.138 77.091
Securities/Assets .429 .197
Total Equity/Total Assets .119 .111
Tangible Equity/Tangible Assets .116 .107
Capital Adequacy
Tier 1 Common Capital 13,114 21,135
Tier 1 Capital 13,114 21,140
Tier 2 Capital 847 1,625
Total Capital 13,961 22,777
Total Risk Weighted Assets 67,565 151,308
Leverage Ratio 12.3 10.944
Common Equity Tier 1 Capital Ratio 19.41 15.631
Tier 1 Capital Ratio 19.41 15.631
Total Capital Ratio 20.66 16.675

Timeline for Security State Bank

Security State Investment Company

Security State Investment Company became a new subsidiary organization for Security State Bank.

View Profile Oct 01 1994

Independence Bancshares, Inc.

Independence Bancshares, Inc. became a new parent organization for Security State Bank.

View Profile Jan 14 1982

Security State Bank

Security State Bank was established 83 years ago and is currently headquartered in Independence, IA.

Oct 04 1941
Relationships Role Relationship Start Relationship End
Independence Bancshares, Inc. Parent 1/14/1982
Security State Investment Company Subsidary 10/1/1994 6/30/1995
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