Security State Bank

Security State Bank
1 E State St
Algona, IA 50511

Status: Active
Concentration:Agricultural Specialization
Established:03/01/1931
FDIC Insurance:08/15/1941
FDIC Cert:#15839
Holden By:BURT BANCSHARES INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:4, ranked #2149
Website:www.bankssb.com
Total Assets:$109,079,000, ranked #3798
Total Deposits:$85,084,000, ranked #3834
Total Equity Capital:$23,749,000, ranked #2725
Total Domestic Deposits:$85,084,000, ranked #3834
Net Income:$2,380,000, ranked #2592
Quarterly Net Income:$596,000, ranked #2407
Return on Assets:2%, ranked #190
Quarterly Return on Assets:2%, ranked #189
Return on Equity:11%, ranked #2066
Quarterly Return on Equity:10%, ranked #2017

Financial Information (2023-12-31 and Older)