Security Bank & Trust Company

Glencoe, MN
IDRSSD: 1001059
Total Assets
$1.29B
Latest filing
Total Deposits
$1.16B
Latest filing
Net Interest Margin
3.83%
Profitability

Key People

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Locations

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Main Office
Security Bank & Trust Company
735 11th St E
Glencoe, MN 55336
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/12/1935FDIC Certificate 9660

Branches (25)

Page 1 of 4
NameAddressCity / State
Security Bank & Trust Company (Main)735 11th St EGlencoe, MN
BROWNTON BRANCH128 4th Ave SBrownton, MN
SECURITY BANK WACONIA BRANCH539 S Elm StWaconia, MN
RAMSEY BRANCH14150 Saint Francis BlvdRamsey, MN
DETACHED FACILITY317 Ash Ave NMayer, MN
NEW GERMANY BRANCH270 Broadway St ENew Germany, MN
DETACHED FACILITY8 Third Street SouthwestPlato, MN
CORPORATE OFFICE2202 11th St EGlencoe, MN
Showing 7 of 25

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 Employees159
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 Updated01/30/2026
CERT15324
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.29B
Total Deposits$1.16B
Total Liabilities$1.16B
Total Equity Capital$122.64M
Net Income$6.52M
Net Loans and Leases$837.64M
Assets Per Employee ($Millions)$7.94M
Bank Premises and Fixed Assets$11.38M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$1.16B

Key Performance Ratios

Return on Assets (ROA)2.02%
Return on Equity (ROE)21.95%
Net Interest Margin3.83%
Efficiency Ratio45.02%
Tier 1 Risk-Based Capital Ratio13.472%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.28%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.532%
Earning Assets to total Assets96.4%

Income and Expense

Total Interest Income$17.77M
Total Noninterest Income$3.23M
Total Interest Expense$5.83M
Total Noninterest Expense$7.15M
Net Interest Income$11.94M
Pre-tax Net Operating Income$7.10M
Provision for Credit Losses$909.00k
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$2.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.55M
Total Liabilities and Capital$1.29B

Securities

Securities$371.66M
Available-for-sale debt securities$277.36M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$94.70M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Bank & Trust Company?
$1.29B as of the latest filing.
How much are Security Bank & Trust Company's total deposits?
$1.16B in total deposits.
Where is Security Bank & Trust Company located?
Glencoe, MN.
What is the Net Interest Margin?
3.83%.
How many domestic offices does it operate?
26.
When was it established?
10/12/1935.
What is the Return on Assets (ROA)?
2.02%.
How much are total loans and leases?
$837.64M (latest filing).
What is the total interest income (latest filing)?
$17.77M.