Security State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 12/26/1903.
With assets of $620.08 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2022
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
April 1, 2022
Satisfactory
May 1, 2019
Outstanding
July 1, 2016
Satisfactory
January 1, 2013
Satisfactory
August 3, 2009
Satisfactory
November 1, 2003
Satisfactory
July 1, 1998
Satisfactory
January 1, 1996
Satisfactory
July 1, 1993
Satisfactory
June 23, 1990
Outstanding
💰 Financial Strength
Total Assets$620.08 Million
Total Deposits$529.20 Million
Equity Capital$87.07 Million
Net Income$15.29 Million
📈 Performance
ROA3.21%
ROE24.68%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.