First Security Bank - West

Beulah, ND
IDRSSD: 969059
Total Assets
$70.37M
Latest filing
Total Deposits
$61.96M
Latest filing
Net Interest Margin
4.12%
Profitability

Key People

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Locations

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Main Office
First Security Bank - West
100 E Main St
Beulah, ND 58523
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1915FDIC Certificate 6573

Branches (1)

Page 1 of 1
NameAddressCity / State
First Security Bank - West (Main)100 E Main StBeulah, ND
ROBINSON BRANCH101 Main StRobinson, ND
Showing 1 of 1

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 Date01/01/1915
Community BankYes
Ownership TypeNot Mutual
ZIP58523
State and County Number38057
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 NameN/A

Operational Info

Number of Employees9
Domestic Offices2
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.firstsecuritybanks.com
Data Updated01/30/2026
CERT10253
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$70.37M
Total Deposits$61.96M
Total Liabilities$62.05M
Total Equity Capital$8.33M
Net Income$320.00k
Net Loans and Leases$29.93M
Assets Per Employee ($Millions)$6.4M
Bank Premises and Fixed Assets$231.00k
Cash and Balances due from Depository Institutions$14.21M
Deposits Held in Domestic Offices$61.96M

Key Performance Ratios

Return on Assets (ROA)1.85%
Return on Equity (ROE)15.84%
Net Interest Margin4.12%
Efficiency Ratio58.67%
Tier 1 Risk-Based Capital Ratio36.421%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.832%
Earning Assets to total Assets95.88%

Income and Expense

Total Interest Income$798.00k
Total Noninterest Income$37.00k
Total Interest Expense$114.00k
Total Noninterest Expense$423.00k
Net Interest Income$684.00k
Pre-tax Net Operating Income$297.00k
Provision for Credit Losses$1.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$2.54M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$91.00k
Total Liabilities and Capital$70.37M

Securities

Securities$22.17M
Available-for-sale debt securities$22.02M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$20.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Security Bank - West?
$70.37M as of the latest filing.
How much are First Security Bank - West's total deposits?
$61.96M in total deposits.
Where is First Security Bank - West located?
Beulah, ND.
What is the Net Interest Margin?
4.12%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1915.
What is the Return on Assets (ROA)?
1.85%.
How much are total loans and leases?
$29.93M (latest filing).
What is the total interest income (latest filing)?
$798.00k.