Security State Bank, Financial Information

AboutSecurity State Bank

 Address:
U S Hwy #2 7865
Iron River,WI
Bayfield County,Wisconsin
 Established:
Jun 1911
 Number of domestic offices:
3
Total assets$122M
Net income$1M
Net income,quarterly$0M
Total deposits$93M
Domestic deposits$93M
Equity capital$22M
ROA1.04%
ROAQ,quarterly1.22%
ROA,pretax1.22%
ROAQ,quarterly,pretax1.38%
ROE5.82%
ROEQ,quarterly6.91%
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.

Founded in 1907, Security State Bank is a full-service community bank that is one of the oldest banks in Chippewa County. Security Bank has four convenient locations to serve you. Security Bank is ready to meet your mortgage lending needs. Security Bank also offers credit life and disability insurance with banks loan products for just pennies a day. Security Bank offers a variety of business checking accounts to fit your needs, whether your business is a Sole Proprietorship, L.L.C., Partnership or a Corporation.

Main Office
112 East Main Street
P.O. Box 278
New Auburn, WI 54757
Phone: (715) 237-2658
Fax: (715) 237-2650

Lobby Hours
Monday - Thursday 9:00 AM - 3:00 PM
Friday 9:00 AM - 3:00 PM
Saturday Closed

Drive-Up Hours
Monday - Thursday 8:00 AM - 5:00 PM
Friday 8:00 AM - 6:00 PM
Saturday 9:00 AM - 12:00 PM