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Security State Bank, Financial Information

AboutSecurity State Bank

 Address:
100 5th Street
Farwell,TX
Parmer County,Texas
 Established:
Jan 1925
 Number of domestic offices:
1
Agriculture bank
Total assets$191M
Net income$2M
Net income,quarterly$0M
Total deposits$169M
Domestic deposits$169M
Equity capital$22M
ROA1.33%
ROAQ,quarterly-0.91%
ROA,pretax-0.91%
ROAQ,quarterly,pretax-0.91%
ROE10.18%
ROEQ,quarterly-6.95%
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.

Uniquely located on the Texas/New Mexico border, Security State Bank serves as the premier banking choice for the citizens of West Texas and Eastern New Mexico. Since 1925, SSB has taken great pride in cultivating relationships with its customers to see them through every stage of life.

From agriculture loans to wealth management, children’s savings to electronic banking, SSB’s innovative services and superior customer service set SSB apart from the competition. From less than one hundred thousand in total assets, to almost 100 million today, the bank have continued to add services to better serve its customers while maintaining the relationships and personal service that Security State Bank feels is vital for a home-owned community bank.

Security State Bank
100 5th Street
P.O. Drawer J
Farwell, TX 79325

Historical Data