Security Bank, Financial Information

AboutSecurity Bank

 Address:
202 East Second Street
Laurel,NE
Cedar County,Nebraska
 Established:
Mar 1928
 Number of domestic offices:
5
Agriculture bank
Total assets$265M
Net income$5M
Net income,quarterly$1M
Total deposits$226M
Domestic deposits$226M
Equity capital$33M
ROA1.97%
ROAQ,quarterly1.13%
ROA,pretax1.13%
ROAQ,quarterly,pretax1.17%
ROE15.49%
ROEQ,quarterly8.88%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

J. J. Delay of Beresford, South Dakota, organized the Security National Bank, Laurel, Nebraska, February 4, 1928, with capital stock of $25,000 and a surplus of $5,000. The first Board of Directors members included: J. J. Delay, President, Earl Schuler, W. W. Collins, T. S. Manley, Matthew Bergen, and A. A. Soderstrom. The first annual statement listed $230,000 in deposits and $30,000 in capital investment.

In April 1991, the Security State Bank of Allen, which was owned by First Laurel Security Co. was converted to a branch office of Security National Bank. In November 1998, Osmond State Bank, Osmond NE, was merged into Security National Bank. In September 2002 SB opened a third branch in Hartington, NE and established 24-hour ATM access at the Allen location.

In July 2005 Coleridge National Bank, Coleridge, NE was merged into Security National Bank, bringing the number of branches available for our customers to five. In June 2012 Security National Bank changed the name to Security Bank.

Laurel office

202 East 2nd Street
PO Box 278
Laurel NE 68745-0278

Phone 402.256.3247
Toll Free 888.256.3247
FAX 402.256.3058

Osmond office

321 North State Street
PO Box 398
Osmond NE 68765-0398

Phone 402.748.3321
Toll Free 800.248.3321
FAX 402.748.3592

Allen office

101 West 2nd Street
PO Box 40
Allen NE 68710-0040

Phone 402.635.2424
FAX 402.635.2515

Hartington office

102 North Broadway
P.O. Box 137
Hartington, NE 68739

Phone: 402.254.2455
Toll Free: 866.254.2455
FAX: 402.254.2457 Coleridge office

101 West Broadway
P.O. Box 6
Coleridge, NE 68727-0006

Phone 402.283.4251
Fax 402.283.4761