Security State Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 30.0 and a capital leverage ratio of 20.3. Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 2.1 has resulted in Excellent (9.5) profitability.
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 2.7 percent from a year earlier contributes to the Excellent asset quality (7.8). 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).
Asset Mix:
Home mtgs (23%), securities (18%), comm re (16%), comm loans (14%), cash (14%), consumer loans (2%), home eq lns (1%), other (12%)
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