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This institution is no longer active

Operations ceased on March 19, 2018. CRA examination history below reflects the period it was active.

SECURITY STATE BANK

INDEPENDENCE, IA · Supervised by FDIC

Est. 1941FDIC #15,851RSSD: FDIC-15851
Satisfactory

Current rating · Exam: January 2018

Institution Profile

FDIC BankFind

Address

231 First Street East, INDEPENDENCE, IA

County

Buchanan County

Established

October 4, 1941

Total Assets

$112M(latest call report)

Financial Snapshot

As of Q4 2017Call Report / FDIC

Total Assets

$112M

Total Deposits

$85M

Net Loans

$53M

Net Income

$989K

ROA

0.90%

ROE

7.27%

Risk-Based Capital

21.33%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

January 1, 2018

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

6 previous ratings locked — dating back to 1993

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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