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Security Bank USA

Bemidji, MN
IDRSSD: 950758
Total Assets
$254.50M
Latest filing
Total Deposits
$230.20M
Latest filing
Net Interest Margin
4.58%
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

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/07/1910
Community BankYes
Ownership TypeNot Mutual
ZIP56601
State and County Number27007
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 NameBemidji, MN

Operational Info

Number of Employees47
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.SecurityBankusa.com
Data Updated11/14/2025
CERT1604
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$254.50M
Total Deposits$230.20M
Total Liabilities$231.20M
Total Equity Capital$23.30M
Net Income$1.10M
Net Loans and Leases$184.97M
Assets Per Employee ($Millions)$5.3M
Bank Premises and Fixed Assets$4.78M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$230.20M

Key Performance Ratios

Return on Assets (ROA)1.74%
Return on Equity (ROE)19.42%
Net Interest Margin4.58%
Efficiency Ratio64.14%
Tier 1 Risk-Based Capital Ratio13.47%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.05%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.156%
Earning Assets to total Assets93.11%

Income and Expense

Total Interest Income$3.69M
Total Noninterest Income$451.00k
Total Interest Expense$975.00k
Total Noninterest Expense$2.03M
Net Interest Income$2.71M
Pre-tax Net Operating Income$1.10M
Provision for Credit Losses$30.00k
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$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$997.00k
Total Liabilities and Capital$254.50M

Securities

Securities$43.25M
Available-for-sale debt securities$43.25M
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 Security Bank USA?
$254.50M as of the latest filing.
How much are Security Bank USA's total deposits?
$230.20M in total deposits.
Where is Security Bank USA located?
Bemidji, MN.
What is the Net Interest Margin?
4.58%.
How many domestic offices does it operate?
2.
When was it established?
02/07/1910.
What is the Return on Assets (ROA)?
1.74%.
How much are total loans and leases?
$184.97M (latest filing).
What is the total interest income (latest filing)?
$3.69M.