Security State Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.4 on a scale of 0 to 10). A current level of 22.0 percent of nonperforming loans to core capital contributes to the Weak asset quality (2.4).
Other Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.5 has resulted in Weak (2.6) profitability. Fair liquidity 3.5, driven by a liquidity ratio of 29.3 percent and a “hot money” ratio of 23.7 percent.
Asset Mix:
Securities (38%), comm loans (5%), cash (4%), consumer loans (4%), home mtgs (2%), comm re (2%), other (45%)
States with Branches:
SD
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
450 Main Street
Alexandria, SD 57311
Alexandria, SD 57311
Phone Number
(605) 239-4306
Year Founded
1940
FDIC Number
Website
Largest Affiliates
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