This institution is no longer active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
Institution Profile
FDIC BankFindAddress
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 / FFIECOverall Rating
Satisfactory
Exam Date
January 1, 2018
Exam Type
Small Bank
Regulator
FDIC
Rating History
CRA / FFIEC6 previous ratings locked — dating back to 1993
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Rating Over Time
🔒 LockedOutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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