Security State Bank
Edgar, NE · Owner: Edgar Inc
$6.6M
total assets, March 31, 1985
$6.6M
total assets, March 31, 1985
Security State Bank was a state nonmember bank in Edgar, NE, owned by Edgar Inc. It failed on May 31, 1985, and Guide Rock State Bank took over its deposits. At its last report it held $6.57 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- May 31, 1985
- Assets
- $6.6M
- Deposits
- $6.1M
- Estimated cost
- $1.1M
- Deposits went to
- Guide Rock State Bank, Guide Rock, NE
Total assets
$6.6M
+12.3% in a year · +7.0% in a quarter
Deposits
$6.1M
+11.8% in a year · +6.8% in a quarter
Loans
$4.9M
+14.1% in a year · +9.8% in a quarter
Profit so far
$43K
Jan 1 to Mar 31, 1985 · +186.7% in a year
Capital ratio
6.87%
+0.83 pts in a year
Return on assets
2.71%
+1.72 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Edgar, NE, 68935
- County
- Clay
- Holding company
- Edgar Inc
- Established
- Jul 20, 1935
- Failed
- Jun 2, 1985
- Employees
- 6
- Id
- b18738
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Security State Bank?
$6.57 million in total assets and $6.07 million in deposits as of March 31, 1985, with assets up 12.3% from a year before. Its loans were $4.88 million.
Is Security State Bank profitable?
Yes: it earned $43,000 from January 1 to March 31, 1985 (up 186.7% from the same months a year before). Its return on assets was 2.71% a year; about 1% is typical.
Who owns Security State Bank?
Security State Bank is owned by Edgar Inc, its holding company.
When did Security State Bank fail?
May 31, 1985. Guide Rock State Bank of Guide Rock, NE took over its deposits. The estimated cost of the failure was $1.12 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.