# SECURITY STATE BANK
IRON RIVER, WI · FDIC certificate 9036 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $136.2M | |
| Deposits | $105.2M | |
| Loans and leases | $91.7M | |
| Total equity | $28.4M | |
| Loans / deposits | 85.61% (p72 of band) | 73.59% |
| Liquid assets / assets | 27.46% (p37 of band) | |
| Uninsured deposits / deposits | 14.97% (p31 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.06% (p54 of band) | |
| FHLB advances / assets | 1.06% | |
| Tier 1 leverage | 21.38% (p91 of band) | 11.76% |
| Unrealized securities loss / equity | -3.49% (p63 of band) | -6.57% |
| AOCI / equity | -0.67% (p37 of band) | |
| ROA (annualized) | 2.67% (p94 of band) | 1.17% |
| Net interest margin | 5.97% (p98 of band) | 3.93% |
| Efficiency ratio | 43.89% (p6 of band) | |
| Noncurrent loans | 0.37% (p50 of band) | 0.36% |
| Net charge-offs (annualized) | 0.02% (p69 of band) | |
| Reserve coverage of noncurrent | 480.30% | |
| Real estate % of loans | 70% | |
| Construction % of loans | 9.03% (p36 of band) | |
| Auto loans | $346,000 (0.38% of loans; DQ 2.31%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.8% | |
| Employees | 16 | |

## Flags firing in the latest filing

- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 3 |  | brokered >10% |
| 2012-03 | 5 | deposits shrinking, assets shrinking |  |
| 2012-06 | 5 | charge-offs p90, uninsured deposits leaving | deposits shrinking, assets shrinking |
| 2012-09 | 6 | deposits shrinking, assets shrinking | wholesale funding >15% |
| 2012-12 | 4 |  | deposits shrinking, assets shrinking |
| 2013-03 | 2 |  | charge-offs p90, uninsured deposits leaving |
| 2013-06 | 3 | assets shrinking |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 2 |  | assets shrinking |
| 2014-03 | 2 |  |  |
| 2014-06 | 3 | uninsured deposits leaving |  |
| 2014-09 | 4 | charge-offs p90 |  |
| 2014-12 | 3 |  | charge-offs p90 |
| 2015-03 | 2 |  | uninsured deposits leaving |
| 2015-06 | 4 | capital falling, charge-offs p90 |  |
| 2015-09 | 3 |  | capital falling |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 | uninsured deposits leaving | charge-offs p90 |
| 2016-06 | 2 |  | uninsured deposits leaving |
| 2016-09 | 3 | charge-offs p90 |  |
| 2016-12 | 2 |  | charge-offs p90 |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | uninsured deposits leaving |  |
| 2017-09 | 3 | charge-offs p90 | uninsured deposits leaving |
| 2017-12 | 2 |  | charge-offs p90 |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | charge-offs p90 |  |
| 2018-12 | 4 | uninsured deposits leaving |  |
| 2019-03 | 3 |  | charge-offs p90 |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | uninsured deposits leaving |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | capital falling |  |
| 2022-03 | 2 |  | capital falling |
| 2022-06 | 3 | assets shrinking |  |
| 2022-09 | 6 | charge-offs p90, deposits shrinking, uninsured deposits leaving |  |
| 2022-12 | 6 |  |  |
| 2023-03 | 4 |  | noncurrent p90, reserve under noncurrent |
| 2023-06 | 2 |  | assets shrinking, uninsured deposits leaving |
| 2023-09 | 1 |  | deposits shrinking |
| 2023-12 | 0 |  | charge-offs p90 |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | capital falling |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 | uninsured deposits leaving | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-08-01 [Gesa Credit Union CEO talks Security State Bank acquisition, plans for future - The Daily Chronicle](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQaVhPLTJoSEw1MVVUb3dVOEZfNzh3Q21RVEl2T0ZLdDVaTkE5d2N3dHRIcjZVdVFqZUJJcVFRbWV3ZXZsbloydk9xN21OQktaYmk1ME5iTkxFVjgtcEVfZ0lpc3M1NDZfOFZJa0JsZjMweC1hY1l2TEtaU0M5V1Z5ejU5eW1YMmxEeC1kU3JYNVFZTEl2YWVpcWpTR3VIMVpjY2I4YmVIUlJZMnJPVzhQU0F0dDZJdGhC?oc=5) · The Daily Chronicle
- 2024-01-12 [Fourth Security State Bank President and CEO Jeff Running retires - MessageMedia.co](https://news.google.com/rss/articles/CBMi9wFBVV95cUxQNzNfZ3ZSU01DR20tdHhLLXVrUC1LRXNzRjhrLWlUdS1Hdk5fRWlOUjN0dURPbVNiMFFqV3c0RG9pMFFzZU15N2E5THdiQ0tlb1I4bG54a08tb1BuOGllQURONEk3YWtZekszMW93UUd6M1VTRVVwU0MwelJCaU5TYlhCTzF5N0tvNjFoZkUtcDVGbUxlNkhtWDZ3dkZlUjRlQ0twYnZ5RkFWVXlFZWt1ZzNIN0VXNUo2T0tOZFhZWTdNUHhIOTZJVzRHXzJVTUdodWQ0MHJxZERlNFRIQklXUzRONE9DNDRZQVh2bWs5dEx2eG9KQ3JZ?oc=5) · MessageMedia.co
- 2024-07-03 [Wisconsin Bankers Association Recognizes Iron River Banker Greg Ogren for Board Service - apg-wi.com](https://news.google.com/rss/articles/CBMimwJBVV95cUxOYktpMjZqczNlcmQ5RDNRZWVpOVVSaVpzTjhaV0Zzd29sUVl4dC1qQVNkRzNuS0M1VE5sZk1hVEs5dndYZ3RFaUt0NnJxY1RmSlRqVGwzRkxwcUdRVDZwRzA1T2UteDdtcHdoaVUzajByb0Ewb0xabDRqd1FWb2dqeFRVZ3p3cjV1c3REdTJBUUFPVGE0MFFhc2tMcTdLNjNyMWhTbWU1bGJ5T1hJRjdwS2xEVGQ3Smxtd2tfQmVqdmxDYXRMekNrNG41bTg3UG9CYXJlUU1OTnhKUkwtdGxGek94MmJib0lVUkJoWkE2NWxlVDhiRUZhbUkwM2FPelA5YjNiS1gzakxjZE5SckhMYnNSZ05YZ2JkdUlr?oc=5) · apg-wi.com
- 2024-11-15 [Native housing crisis spurs record $5.3M in FHLB grants - Tribal Business News](https://news.google.com/rss/articles/CBMisgFBVV95cUxQZDVQMjFZbzZscXBTVlZ2S09wbElsc2NQNVlkMGM1NnBUSzBjSWVnQUQ1V0RCRWk3NGFsM3JyLTAzU2ktUXppZC00YWdJMW9sb285Xy1rTmZzS0dzdkZwSGxsVjFpME1GNlV3SGRhbExDUWtHNXg1QmoxSVhVTU5TRkFrQ1lwVG9pUnRBZ2xnY3JNSDY3Y0pXNGltakRZZlluVGFkNzk4ZEdJUXMzNmhRZThn?oc=5) · Tribal Business News
- 2025-07-11 [The 20 top-performing banks with $2B to $10B of assets - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxPS0NEYTZFeXRleUhoXzViMmtzQVBWX2xhVVI3aXQwT2N4c056SGF0dzBKbG9uWjlPTXRBcEFNT19XN1JDQmZFZ2ZZLWd1cjVqNEJYOXhuQkJJVzBuY1RubG9HRy10M1o1N0M5THY4REtaaW40WVBQWHJfS2dfNHJFdFVwajVROVVKSEtWQ0YxS0Rjd2tZU2JF?oc=5) · American Banker
- 2012-03-02 [Northern group of Wisconsin Bankers Association holds annual meeting - Superior Telegram](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPdWl6eDJMOW5YcXpyYVMwZUNCOGVZOUpXQjlGQWJWN2RaYmNERy1qT2RpbW9RYTg2NkhkZGpIcE1rc1BvUHEyRWp6QVdTYmIxQnJuX29pM0dhR1dYRjl1S19TT1kzUDdON1RWM2c4RE52cFUxSlo2NFdXbGNycV85QXdrVHVULWpzbnVTYzVrVEp2OVA5SFcwV2wzdktmaU5BbkhUeGEzdGdQZw?oc=5) · Superior Telegram
- 2021-03-05 [Willard L. Ogren Obituary Mar 5, 2021 - Downs Life Celebration Center - Downs Life Celebration Center](https://news.google.com/rss/articles/CBMiXEFVX3lxTE12WnEtU2tXX0NQNTBpRU9PQUo1bFk1dGl4UjNwLTFrbndwWER6ZVpUNlprMFlMdjl5UFliVTkyTms0V01ROEtob3JiS01OYy0ybmZGZ2ZZWE1IOWZv?oc=5) · Downs Life Celebration Center
- 2024-06-24 [Credit unions have been buying up banks. Here’s a running list from 2024. - Banking Dive](https://news.google.com/rss/articles/CBMie0FVX3lxTFBOREJfRnRFejN3SWJuYmNiR0NuUUpINThmcE5BbFcxX0xUZnNLRm9ieEw1Uldjb1o3em9FLU4tUjhNV2V6Rm5aZHl6ZFVXZ050dFFOWFV3YjVLX3lBbGxMZFZTX25YSXMwNFMtVDhJZjJqM2NYem9yTGhTMA?oc=5) · Banking Dive

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9036 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/12.json (key "9036", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide