First Security Bank

Chartered Bank Active FDIC Insured
Health Score
9.7 / 10

401 Main St, Mapleton, IA 51034

Financial Overview

Total Assets $67.6M
Total Deposits $57.4M
Profitability (ROA) 1.35%
Shareholder Return (ROE) 8.87%
Capital Cushion (Eq/Assets) 14.81%
Established 10/03/1878

Financial Health Analysis

First Security Bank is a currently active agricultural specialization banking institution headquartered in Mapleton, Iowa. Established in 10/03/1878, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, First Security Bank manages $67.6M in total assets and holds $57.4M in customer deposits. When evaluating the stability of First Security Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 14.81%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.35%, while its Return on Equity (ROE) sits at 8.87%. These robust metrics contribute to an overall health score of 9.7 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$28.7M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.firstsecuritybanks.com

FDIC Certificate #: 251

Specialization: Agricultural Specialization

Location

401 Main St

Mapleton, Iowa 51034

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