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Security State Bank of Marine
Security State Bank of Marine
| RSSD ID 990053 | CERTIFICATE 10163 | ABA NUMBER 91914561 |
| 120 Judd St |
Quarter Ended : |
2025-06-30 |
| Marine On St. Croix, Minnesota, 55047 |
Updated : |
2025-07-25 |
| www.themarinebank.com |
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| Institution Profile |
| Year Opened : |
1919 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
28 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 225,674 |
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Total Interest Income | 6,119 |
| Total Liabilities | 202,329 |
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Total NonInterest Income | 594 |
| Total Bank Equity Capital | 23,345 |
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Total Interest Expense | 1,495 |
| Total Deposits | 201,045 |
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Total NonInterest Expense | 2,389 |
| Net Loans & Leases | 169,069 |
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Net Income | 2,460 |
| Loan Loss Allowance | 2,119 |
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Net Charge Offs | (4) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 25,495 |
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Total loans | 169,239 |
| Total assets for the leverage ratio | 225,535 |
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Loans secured by real estate: | 146,680 |
| Tier 1 Leverage Ratio | 10.45 |
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Commercial and industrial loans | 14,731 |
| Tier 1 Capital Ratio | 15.26 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.51 |
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Loans to individuals - Other | 2,619 |
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