Security State Bank

Iron River, WI
IDRSSD: 43052
Total Assets
$140.02M
Latest filing
Total Deposits
$110.28M
Latest filing
Net Interest Margin
5.39%
Profitability

Locations

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Main Office
Security State Bank
7865 Us Highway 2
Iron River, WI 54847
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/06/1911FDIC Certificate 5776

Branches (2)

Page 1 of 1
NameAddressCity / State
Security State Bank (Main)7865 Us Highway 2Iron River, WI
PORT WING BRANCH83325 Washington AvePort Wing, WI
BRULE BRANCH13967 E Us Highway 2Brule, WI
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/06/1911
Community BankYes
Ownership TypeNot Mutual
ZIP54847
State and County Number55007
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees16
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/29/2021
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.sbankonline.com
Data Updated11/14/2025
CERT9036
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$140.02M
Total Deposits$110.28M
Total Liabilities$112.96M
Total Equity Capital$27.06M
Net Income$569.00k
Net Loans and Leases$80.59M
Assets Per Employee ($Millions)$9.33M
Bank Premises and Fixed Assets$302.00k
Cash and Balances due from Depository Institutions$22.44M
Deposits Held in Domestic Offices$110.28M

Key Performance Ratios

Return on Assets (ROA)1.64%
Return on Equity (ROE)8.53%
Net Interest Margin5.39%
Efficiency Ratio62.31%
Tier 1 Risk-Based Capital Ratio30.537%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets19.327%
Earning Assets to total Assets92.66%

Income and Expense

Total Interest Income$2.08M
Total Noninterest Income$171.00k
Total Interest Expense$358.00k
Total Noninterest Expense$1.18M
Net Interest Income$1.72M
Pre-tax Net Operating Income$682.00k
Provision for Credit Losses$30.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$1.45M
Federal Funds Sold & Reverse Repurchase Agreement$1.66M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.24M
Total Liabilities and Capital$140.02M

Securities

Securities$26.96M
Available-for-sale debt securities$26.96M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security State Bank?
$140.02M as of the latest filing.
How much are Security State Bank's total deposits?
$110.28M in total deposits.
Where is Security State Bank located?
Iron River, WI.
What is the Net Interest Margin?
5.39%.
How many domestic offices does it operate?
3.
When was it established?
06/06/1911.
What is the Return on Assets (ROA)?
1.64%.
How much are total loans and leases?
$80.59M (latest filing).
What is the total interest income (latest filing)?
$2.08M.