Security State Bank of Lewiston in Lewiston, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank of Lewiston - Overview

  • General
  • FDIC Certificate #: 10201
    Status: Active
    Federal Reserve ID: 91651
    Bank Holding Company (Regulatory Top Holder): Fischer Corporation, The (RSSDID: 1124471, Location: Lewiston, MN)
    Date Established: August 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 12490
    FDIC's unique #: 6540
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 255 East Main Street, Lewiston, MN 55952
    County: Winona
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Winona, MN (#49100)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $66.0 mil
    Equity capital: $5.4 mil
    Deposits held in domestic offices: $59.7 mil
    Return on assets (ROA): -0.05% (-$0.0 mil)
    Quarterly return on assets: 0.83% ($0.5 mil)
    Return on Equity (ROE): -0.60% (-$0.0 mil)
    Quarterly return on equity: 9.99% ($0.5 mil)
    Net income: -$0.0 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.05% (-$33.0 mil)
    Quarterly Pretax return on assets: 0.83% ($547.8 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
  • 23Total employees (full-time equivalent)
  • $65,997Total assets
  • $6,014Cash and due from depository institutions
  • $2,960Interest-bearing balances
  • $18,858Securities
  • $1,600Federal funds sold & reverse repurchase agreements
  • $35,063Net loans & leases
  • $598Loan loss allowance
  • $0Trading account assets
  • $812Bank premises and fixed assets
  • $687Other real estate owned
  • $0Goodwill and other intangibles
  • $65,997Life insurance assets
  • $2,963All other assets
  • $60,565Total liabilities and capital
  • $59,740Total liabilities
  • $19,835Total deposits
  • $59,740Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $132Trading liabilities
  • $0Other borrowed funds
  • $693Subordinated debt
  • $5,432All other liabilities
  • $5,432Total equity capital
  • $5,432Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $7,570Surplus
  • $-2,213Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $275Income earned, not collected on loans
  • $0Earning assets
  • $420Long-term assets (5+ years)
  • $58,481Average Assets, year-to-date
  • $6,214Average Assets, quarterly
  • $65,577Volatile liabilities
  • $64,849Insider loans
  • $40,712FHLB advances
  • $65,015Loans and leases held for sale
  • $2,088Unused loan commitments
  • $2,088Tier 1 (core) risk-based capital
  • $5,334Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,372Restructured Loans and leases
  • $158Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,487Total interest income
  • $271Total interest expense
  • $2,216Net interest income
  • $0Provision for loan and lease losses
  • $246Total noninterest income
  • $0Fiduciary activities
  • $172Service charges on deposit accounts
  • $0Trading account gains & fees
  • $74Additional noninterest income
  • $2,492Total noninterest expense
  • $1,357Salaries and employee benefits
  • $358Premises and equipment expense
  • $777Additional noninterest expense
  • -$30Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$32Income before extraordinary items
  • $0Extraordinary gains - net
  • -$32Net income attributable to bank
  • $0Net charge-offs
  • -$32Cash dividends
  • $411Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.27%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 4.28%Noninterest expense to earning assets
  • -0.05%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.05%Pretax return on assets
  • -0.60%Return on equity (ROE)
  • -0.60%Retained earnings to average equity (YTD only)
  • 1.08%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -0.07%Efficiency ratio
  • 101,219Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 217.45%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 58.69%Net loans and leases to core deposits
  • 59.64%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 13.10%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $65,577Average earning assets
  • $5,362Average equity
  • $58,188Average loans

List of branches

  • 5 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06540Security State Bank Of Lewiston255 East Main Street, Lewiston, MN 55952August 01, 1905Full Service Brick and Mortar
    1746Old Ssb-Wykoff Main Office Branch101 South Gold Street, Wykoff, MN 55990January 01, 1905Full Service Brick and Mortar
    25651Ostrander Branch310 Main Street, Ostrander, MN 55961May 15, 1903Full Service Brick and Mortar
    3187908Spring Valley Branch112 West Main Street, Spring Valley, MN 55975November 06, 1995Full Service Brick and Mortar
    4360233Spring Valley Branch100 South Broadway, Spring Valley, MN 55975April 09, 2001Full Service Brick and Mortar

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