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 Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 1.1 percent of nonperforming loans to core capital combined with 4.9 percent from a year earlier contributes to the Excellent asset quality (8.8).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 30.4 and a capital leverage ratio of 21.4. Operating profits as a percentage of assets at 3.4%, coupled with a return on assets of 2.6 has resulted in Excellent (10.0) profitability.
Asset Mix:
Home mtgs (24%), securities (21%), comm re (18%), comm loans (16%), cash (5%), consumer loans (2%), home eq lns (1%), other (13%)
States with Branches:
WI
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
Security Bank Shares, Inc.
Investment Rating
--
Address
7865 U.S. Highway Two
Iron River, WI 54847
Iron River, WI 54847
Phone Number
(715) 372-4242
Year Founded
1911
FDIC Number
Website
Largest Affiliates
New Auburn, WI
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Bank