The Security State Bank in Emery, South Dakota (SD)

Show street view No street view available for this location

The Security State Bank routing number info

Table of contents:
The Security State Bank
GeneralFDIC Certificate #: 15749
Status: Active
Federal Reserve ID: 285553
Bank Holding Company (Regulatory Top Holder): Emery Security Bancorporation, Inc. (RSSDID: 1127771, Location: Emery, SD)
Date Established: January 01, 1920
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 10000
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: July 01, 1940
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
LocationAddress: 117 N Third St, Emery, SD 57332
County: Hanson
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Mitchell, SD (#33580)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $36.8 mil
Equity capital: $5.1 mil
Deposits held in domestic offices: $31.6 mil
Return on assets (ROA): 0.32% ($0.1 mil)
Quarterly return on assets: 0.42% ($0.2 mil)
Return on Equity (ROE): 2.24% ($0.1 mil)
Quarterly return on equity: 2.96% ($0.1 mil)
Net income: $0.1 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.34% ($125.2 mil)
Quarterly Pretax return on assets: 0.39% ($143.6 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)
Total employees (full-time equivalent)11
Total assets$36,828
Cash and due from depository institutions$8,399
Interest-bearing balances$8,123
Federal funds sold & reverse repurchase agreements$370
Net loans & leases$15,297
Loan loss allowance $173
Trading account assets$0
Bank premises and fixed assets$80
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$848
Life insurance assets$36,828
Total liabilities and capital$31,691
Total liabilities$31,626
Total deposits$24,197
Interest-bearing deposits$31,626
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $65
All other liabilities $5,137
Total equity capital$5,137
Total bank equity capital$5,137
Perpetual preferred stock$0
Common stock$50
Undivided profits $3,637
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $271
Average Assets, year-to-date $35,624
Average Assets, quarterly $5,050
Volatile liabilities $35,416
Insider loans $35,944
FHLB advances $23,548
Loans and leases held for sale $36,158
Unused loan commitments $424
Tier 1 (core) risk-based capital $424
Tier 2 risk-based capital $5,235
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,626
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,203
Total interest expense $232
Net interest income $971
Provision for loan and lease losses $0
Total noninterest income $65
Fiduciary activities $0
Service charges on deposit accounts $49
Trading account gains & fees $0
Additional noninterest income $16
Total noninterest expense $916
Salaries and employee benefits $602
Premises and equipment expense $49
Additional noninterest expense $265
Pre-tax net operating income $120
Securities gains (losses) $0
Applicable income taxes $5
Income before extraordinary items $115
Extraordinary gains - net $0
Net income attributable to bank $115
Net charge-offs $0
Cash dividends $115
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.52%
Cost of funding earning assets 0.68%
Net interest margin 2.84%
Noninterest income to earning assets 0.19%
Noninterest expense to earning assets 2.68%
Net operating income to assets 0.32%
Return on assets (ROA) 0.32%
Pretax return on assets 0.34%
Return on equity (ROE) 2.24%
Retained earnings to average equity (YTD only) 2.24%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$88,417
Cash dividends to net income (YTD only)3.35%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.12%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 48.37%
Equity capital to assets 48.37%
Core capital (leverage) ratio 13.95%
Tier 1 risk-based capital ratio 14.48%
Total risk-based capital ratio 22.23%
Average assets$23
Average earning assets$35,416
Average equity $5,136
Average loans $34,204
Back to page top, Back to table top

2 South Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010000The Security State Bank117 N Third St, Emery, SD 57332January 01, 1920Full Service Brick and Mortar
1208689Canistota Branch315 Free Street, Canistota, SD 57012September 01, 1966Full Service Brick and Mortar
Back to page top

User Contributions:

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 The Security State Bank.
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.