Security Bank & Trust Company

Glencoe, MN
IDRSSD: 1001059
Total Assets
$1.30B
Latest filing
Total Deposits
$1.18B
Latest filing
Net Interest Margin
3.72%
Profitability
0

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 Date10/12/1935
Community BankYes
Ownership TypeNot Mutual
ZIP55336
State and County Number27085
Subchapter S CorporationsYes
Trust PowersLimited Trust Powers Granted
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 NameHutchinson, MN

Operational Info

Number of Employees156
Domestic Offices26
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date04/19/2024
Date of Deposit Insurance12/16/1935
Primary Insurance AgencyDIF
Websitewww.security-banks.com
Data Updated11/14/2025
CERT15324
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.30B
Total Deposits$1.18B
Total Liabilities$1.18B
Total Equity Capital$114.93M
Net Income$5.11M
Net Loans and Leases$822.73M
Assets Per Employee ($Millions)$8.15M
Bank Premises and Fixed Assets$11.46M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$1.18B

Key Performance Ratios

Return on Assets (ROA)1.63%
Return on Equity (ROE)17.77%
Net Interest Margin3.72%
Efficiency Ratio49.91%
Tier 1 Risk-Based Capital Ratio12.892%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.865%
Earning Assets to total Assets96.89%

Income and Expense

Total Interest Income$17.21M
Total Noninterest Income$1.14M
Total Interest Expense$5.89M
Total Noninterest Expense$6.57M
Net Interest Income$11.32M
Pre-tax Net Operating Income$5.58M
Provision for Credit Losses$310.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$12.16M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.56M
Total Liabilities and Capital$1.30B

Securities

Securities$362.08M
Available-for-sale debt securities$276.10M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$86.33M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Bank & Trust Company?
$1.30B as of the latest filing.
How much are Security Bank & Trust Company's total deposits?
$1.18B in total deposits.
Where is Security Bank & Trust Company located?
Glencoe, MN.
What is the Net Interest Margin?
3.72%.
How many domestic offices does it operate?
26.
When was it established?
10/12/1935.
What is the Return on Assets (ROA)?
1.63%.
How much are total loans and leases?
$822.73M (latest filing).
What is the total interest income (latest filing)?
$17.21M.