Security State Bank in Anamosa, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 16, 2011

  • Security State Bank in Anamosa, Iowa (IA)
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Security State Bank routing number info

Security State Bank - Overview

  • General
  • FDIC Certificate #: 14689
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fidelity Bank & Trust (#14382)
    Federal Reserve ID: 183042
    Date Established: April 01, 1886
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 10871
    FDIC's unique #: 9185
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 22, 1934
    Last Structure Change Effective Date: July 16, 2011
    Last Structure Change Process Date: July 27, 2011
    Last Data Update: July 27, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 107 South Garnavillo Street, Anamosa, IA 52205
    County: Jones
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • Financial Summary
  • Total assets: $123.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2010)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $128,583Total assets
  • $9,648Cash and due from depository institutions
  • $6,209Interest-bearing balances
  • $20,369Securities
  • $2,988Federal funds sold & reverse repurchase agreements
  • $91,533Net loans & leases
  • $1,460Loan loss allowance
  • $0Trading account assets
  • $1,732Bank premises and fixed assets
  • $52Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,261All other assets
  • $128,583Total liabilities and capital
  • $117,786Total liabilities
  • $103,788Total deposits
  • $93,359Interest-bearing deposits
  • $103,788Deposits held in domestic offices
  • 87.84%% insured (estimated)
  • $9,516Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,000Other borrowed funds
  • $0Subordinated debt
  • $482All other liabilities
  • $10,797Total equity capital
  • $10,797Total bank equity capital
  • $10,797Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $3,560Undivided profits
  • Memoranda
  • $7,137Noncurrent loans and leases
  • $12,805Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $130Earning assets
  • $0Long-term assets (5+ years)
  • $968Average Assets, year-to-date
  • $121,099Average Assets, quarterly
  • $11,185Volatile liabilities
  • $123,745Insider loans
  • $126,204FHLB advances
  • $29,351Loans and leases held for sale
  • $881Unused loan commitments
  • $4,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,805Total unused commitments
  • $2,436Restructured Loans and leases
  • $1,132Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $6,162Total interest income
  • $1,607Total interest expense
  • $4,555Net interest income
  • $320Provision for loan and lease losses
  • $332Total noninterest income
  • $0Fiduciary activities
  • $271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $2,750Total noninterest expense
  • $1,543Salaries and employee benefits
  • $286Premises and equipment expense
  • $921Additional noninterest expense
  • $1,817Pre-tax net operating income
  • $0Securities gains (losses)
  • $628Applicable income taxes
  • $1,189Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,189Net income attributable to bank
  • $0Net charge-offs
  • $1,189Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 3.89%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 2.35%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 11.64%Return on equity (ROE)
  • 11.64%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 359.55%Credit loss provision to net charge-offs
  • 24.01%Efficiency ratio
  • 56,272Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 1123.08%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 88.19%Net loans and leases to core deposits
  • 107.75%Equity capital to assets
  • 8.40%Core capital (leverage) ratio
  • 8.41%Tier 1 risk-based capital ratio
  • 11.93%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $123,745Average earning assets
  • $10,218Average equity
  • $117,076Average loans

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