Security Bank in New Auburn, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Security Bank - Overview

  • General
  • FDIC Certificate #: 10015
    Status: Active
    Federal Reserve ID: 20053
    Bank Holding Company (Regulatory Top Holder): Security Bank Shares, Inc. (RSSDID: 1128497, Location: Iron River, WI)
    Date Established: August 28, 1907
    WWW: http://www.securityonlinebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 6404
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 20, 2007
    Last Structure Change Process Date: September 05, 2007
    Last Data Update: September 05, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 Main Street, New Auburn, WI 54757
    County: Chippewa
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Eau Claire, WI (#2290)
    Combined Statistical Area (CSA): Eau Claire-Menomonie, WI (#232)
    Core Based Statistical Area (CBSA): Eau Claire, WI (#20740)
    CBSA Metro Statistical Area: Eau Claire, WI (#20740)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $70.0 mil
    Equity capital: $8.5 mil
    Deposits held in domestic offices: $59.5 mil
    Return on assets (ROA): 0.73% ($0.5 mil)
    Quarterly return on assets: 0.90% ($0.6 mil)
    Return on Equity (ROE): 6.11% ($0.5 mil)
    Quarterly return on equity: 7.33% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.17% ($818.8 mil)
    Quarterly Pretax return on assets: 1.45% ($1,014.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $69,980Total assets
  • $6,388Cash and due from depository institutions
  • $4,332Interest-bearing balances
  • $9,191Securities
  • $422Federal funds sold & reverse repurchase agreements
  • $49,910Net loans & leases
  • $770Loan loss allowance
  • $0Trading account assets
  • $431Bank premises and fixed assets
  • $569Other real estate owned
  • $1,513Goodwill and other intangibles
  • $69,980Life insurance assets
  • $1,556All other assets
  • $61,489Total liabilities and capital
  • $59,542Total liabilities
  • $46,386Total deposits
  • $59,542Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,701Trading liabilities
  • $0Other borrowed funds
  • $246Subordinated debt
  • $8,491All other liabilities
  • $8,491Total equity capital
  • $8,491Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $6,053Surplus
  • $2,288Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,819Income earned, not collected on loans
  • $0Earning assets
  • $394Long-term assets (5+ years)
  • $63,855Average Assets, year-to-date
  • $19,308Average Assets, quarterly
  • $68,171Volatile liabilities
  • $68,554Insider loans
  • $54,971FHLB advances
  • $65,785Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,756Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,300Restructured Loans and leases
  • $233Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,481Total interest income
  • $689Total interest expense
  • $2,792Net interest income
  • $165Provision for loan and lease losses
  • $415Total noninterest income
  • $0Fiduciary activities
  • $255Service charges on deposit accounts
  • $0Trading account gains & fees
  • $160Additional noninterest income
  • $2,239Total noninterest expense
  • $875Salaries and employee benefits
  • $158Premises and equipment expense
  • $1,206Additional noninterest expense
  • $803Pre-tax net operating income
  • -$4Securities gains (losses)
  • $299Applicable income taxes
  • $500Income before extraordinary items
  • $0Extraordinary gains - net
  • $500Net income attributable to bank
  • $0Net charge-offs
  • $500Cash dividends
  • $375Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.58%Yield on earning assets
  • 1.10%Cost of funding earning assets
  • 4.48%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 6.11%Return on equity (ROE)
  • 6.11%Retained earnings to average equity (YTD only)
  • 0.77%Net charge-offs to loans
  • 44.00%Credit loss provision to net charge-offs
  • 2.58%Efficiency ratio
  • 69,816Assets per employee
  • 4.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 42.33%Noncurrent assets plus other real estate owned to assets
  • 3.41%Noncurrent loans to loans
  • 3.59%Net loans and leases to deposits
  • 83.82%Net loans and leases to core deposits
  • 91.76%Equity capital to assets
  • 12.13%Core capital (leverage) ratio
  • 10.27%Tier 1 risk-based capital ratio
  • 12.29%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $68,171Average earning assets
  • $8,182Average equity
  • $62,357Average loans

Bank Assets Sold and Securitized (December 31, 2008)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $42,0321-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $42,032All other loans and all leases
  • Past due loan amounts 30-89 days (included in principal balance)
  • $1,0251-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases
  • Past due loan amounts 90 days or more (included in principal balance)
  • $6301-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases
  • Recoveries on Assets Sold and Securitized (included in principal balance and YTD only)
  • $42,0321-4 family residential loans
  • $0>Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans
  • $0All other loans and all leases

List of branches

  • 4 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06404Security Bank119 Main Street, New Auburn, WI 54757August 28, 1907Full Service Brick and Mortar
    1221699Sand Creek BranchCounty Road 1, Sand Creek, WI 54765October 02, 1935Full Service Brick and Mortar
    2461649Ridgeland Office Branch101 Main Street, Ridgeland, WI 54763Febuary 20, 2007Full Service Brick and Mortar
    37856Dallas Branch107 Dallas Street West, Dallas, WI 54733August 28, 1903Full Service Brick and Mortar

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