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Security Trust & Savings Bank
Security Trust & Savings Bank
RSSD ID 363648 | CERTIFICATE 968 | ABA NUMBER 73903529 |
601 Lake Street |
Quarter Ended : |
2025-03-31 |
Storm Lake, Iowa, 50588 |
Updated : |
2025-04-11 |
www.securitybanksl.com |
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Institution Profile |
Year Opened : |
1908 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
3 |
Number of Employees : |
19 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 282,022 |
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Total Interest Income | 2,995 |
Total Liabilities | 258,523 |
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Total NonInterest Income | 53 |
Total Bank Equity Capital | 23,499 |
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Total Interest Expense | 1,452 |
Total Deposits | 257,900 |
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Total NonInterest Expense | 975 |
Net Loans & Leases | 77,635 |
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Net Income | 597 |
Loan Loss Allowance | 1,334 |
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Net Charge Offs | 13 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 27,855 |
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Total loans | 76,952 |
Total assets for the leverage ratio | 273,079 |
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Loans secured by real estate: | 46,293 |
Tier 1 Leverage Ratio | 9.79 |
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Commercial and industrial loans | 6,365 |
Tier 1 Capital Ratio | 29.59 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 30.84 |
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Loans to individuals - Other | 1,687 |
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