First Security Bank

Byron, MN
IDRSSD: 109154
Total Assets
$151.14M
Latest filing
Total Deposits
$116.49M
Latest filing
Net Interest Margin
3.41%
Profitability

Locations

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Main Office
First Security Bank
316 Byron Ave N
Byron, MN 55920
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/27/1904FDIC Certificate 6220

Branches (0)

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NameAddressCity / State
No branch data available.
First Security Bank (Main)316 Byron Ave NByron, MN

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date12/27/1904
Community BankYes
Ownership TypeNot Mutual
ZIP55920
State and County Number27109
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameRochester, MN

Operational Info

Number of Employees11
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
WebsiteWWW.fsbbyron.com
Data Updated11/14/2025
CERT9728
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$151.14M
Total Deposits$116.49M
Total Liabilities$140.24M
Total Equity Capital$10.91M
Net Income$491.00k
Net Loans and Leases$117.09M
Assets Per Employee ($Millions)$13.74M
Bank Premises and Fixed Assets$1.13M
Cash and Balances due from Depository Institutions$5.62M
Deposits Held in Domestic Offices$116.49M

Key Performance Ratios

Return on Assets (ROA)1.29%
Return on Equity (ROE)18.62%
Net Interest Margin3.41%
Efficiency Ratio56.33%
Tier 1 Risk-Based Capital Ratio10.687%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.21%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.216%
Earning Assets to total Assets96.63%

Income and Expense

Total Interest Income$2.30M
Total Noninterest Income$55.00k
Total Interest Expense$1.05M
Total Noninterest Expense$734.00k
Net Interest Income$1.25M
Pre-tax Net Operating Income$491.00k
Provision for Credit Losses$78.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$77.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$23.30M
All Other Liabilities$446.00k
Total Liabilities and Capital$151.14M

Securities

Securities$24.36M
Available-for-sale debt securities$24.36M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Security Bank?
$151.14M as of the latest filing.
How much are First Security Bank's total deposits?
$116.49M in total deposits.
Where is First Security Bank located?
Byron, MN.
What is the Net Interest Margin?
3.41%.
How many domestic offices does it operate?
1.
When was it established?
12/27/1904.
What is the Return on Assets (ROA)?
1.29%.
How much are total loans and leases?
$117.09M (latest filing).
What is the total interest income (latest filing)?
$2.30M.