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Security State Bank
Security State Bank
RSSD ID 43052 | CERTIFICATE 9036 | ABA NUMBER 91510075 |
7865 Us Highway 2 |
Quarter Ended : |
2025-03-31 |
Iron River, Wisconsin, 54847 |
Updated : |
2025-04-07 |
www.sbankonline.com |
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Institution Profile |
Year Opened : |
1911 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
3 |
Number of Employees : |
17 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 138,861 |
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Total Interest Income | 1,855 |
Total Liabilities | 113,305 |
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Total NonInterest Income | 179 |
Total Bank Equity Capital | 25,556 |
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Total Interest Expense | 384 |
Total Deposits | 110,750 |
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Total NonInterest Expense | 852 |
Net Loans & Leases | 74,370 |
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Net Income | 711 |
Loan Loss Allowance | 1,469 |
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Net Charge Offs | 2 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 27,650 |
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Total loans | 75,560 |
Total assets for the leverage ratio | 134,261 |
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Loans secured by real estate: | 57,674 |
Tier 1 Leverage Ratio | 19.78 |
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Commercial and industrial loans | 15,112 |
Tier 1 Capital Ratio | 30.35 |
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Loans to individuals - Credit Cards | 38 |
Total Capital Ratio | 31.6 |
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Loans to individuals - Other | 1,641 |
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