SECURITY STATE BANK

ALGONA, IA | Small | Est. March 1, 1931, midnight | FDIC #15839 | RSSD #750846 | FDIC
Latest Report: 2025-12-31

SECURITY STATE BANK is asn small FDIC-insured commercial bank headquartered in ALGONA, IA, established in March 1, 1931, midnight. As of 2025-12-31, the bank reported total assets of $113M and total deposits of $84M. Profitability stands at 2.16% ROA and 8.75% ROE, with a net interest margin of 5.06%. The bank's CET1 capital ratio is 32.18%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.13% and a Texas Ratio of 2.96%. FDIC Certificate #15839.

Assets

$113M

Deposits

$84M

Loans

$80M

Equity

$29M

Profitability

Return on Assets (ROA) 2.16%
Return on Equity (ROE) 8.75%
Net Interest Margin (NIM) 5.06%
Yield on Assets 6.32%
Cost of Funds 2.12%

Asset Quality

NPL Ratio 1.13%
Net Charge-Off Ratio --
Texas Ratio 2.96%
NPA Ratio 0.80%
ACL / Loans 2.31%

Capital & Liquidity

CET1 Ratio 32.18%
Tier 1 Capital 32.18%
Total Capital Ratio 33.44%
Leverage Ratio 25.01%
Loan-to-Deposit 95.17%

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