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

This bank is inactive as of November 06, 1998

  • Security State Bank of Wykoff in Wykoff, Minnesota (MN)
  • Show street view No street view available for this location

Security State Bank of Wykoff - Overview

  • General
  • FDIC Certificate #: 1103
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Security State Bank of Lewiston (#10201)
    Federal Reserve ID: 872355
    Date Established: January 01, 1905
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 12527
    FDIC's unique #: 746
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 06, 1998
    Last Structure Change Process Date: Febuary 16, 1999
    Last Data Update: Febuary 16, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Gold Street, Wykoff, MN 55990
    County: Fillmore
    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
  • Financial Summary
  • Total assets: $37.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $36,755Total assets
  • $1,497Cash and due from depository institutions
  • $0Interest-bearing balances
  • $7,298Securities
  • $2,625Federal funds sold & reverse repurchase agreements
  • $23,948Net loans & leases
  • $209Loan loss allowance
  • $0Trading account assets
  • $438Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $949All other assets
  • $36,755Total liabilities and capital
  • $33,303Total liabilities
  • $32,830Total deposits
  • $28,631Interest-bearing deposits
  • $32,830Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $473All other liabilities
  • $3,452Total equity capital
  • $3,452Total bank equity capital
  • $3,452Perpetual preferred stock
  • $0Common stock
  • $76Surplus
  • $1,799Undivided profits
  • Memoranda
  • $1,577Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $16Earning assets
  • $0Long-term assets (5+ years)
  • $428Average Assets, year-to-date
  • $33,871Average Assets, quarterly
  • $5,426Volatile liabilities
  • $35,671Insider loans
  • $36,751FHLB advances
  • $3,426Loans and leases held for sale
  • $450Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,649Total unused commitments
  • $0Restructured Loans and leases
  • $26,161Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $2,974Total interest income
  • $1,371Total interest expense
  • $1,603Net interest income
  • $97Provision for loan and lease losses
  • $291Total noninterest income
  • $0Fiduciary activities
  • $179Service charges on deposit accounts
  • $0Trading account gains & fees
  • $112Additional noninterest income
  • $1,156Total noninterest expense
  • $692Salaries and employee benefits
  • $159Premises and equipment expense
  • $305Additional noninterest expense
  • $641Pre-tax net operating income
  • -$106Securities gains (losses)
  • $199Applicable income taxes
  • $336Income before extraordinary items
  • $0Extraordinary gains - net
  • $336Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $40Sale, conversion, retirement of capital stock, net
  • $250Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.97%Yield on earning assets
  • 4.14%Cost of funding earning assets
  • 4.84%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 9.80%Return on equity (ROE)
  • 2.51%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 242.50%Credit loss provision to net charge-offs
  • 18.45%Efficiency ratio
  • 61,035Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.40%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 1306.25%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 72.95%Net loans and leases to core deposits
  • 81.44%Equity capital to assets
  • 9.39%Core capital (leverage) ratio
  • 9.50%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $35,671Average earning assets
  • $3,429Average equity
  • $33,149Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Security State Bank of Wykoff.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents