Security State Bank of Hibbing
Hibbing, MN
IDRSSD: 950356
Total Assets
$151.31M
Latest filing
Total Deposits
$136.18M
Latest filing
Net Interest Margin
4.59%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Security State Bank of Hibbing
701 E Howard St
Hibbing, MN 55746
Full Service - Brick and Mortar
Updated 01/30/2026Established 02/11/1911FDIC Certificate 6516
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Security State Bank of Hibbing (Main) | 701 E Howard St | Hibbing, 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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 02/11/1911 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55746 |
| State and County Number | 27137 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Duluth, MN-WI |
Operational Info
| Number of Employees | 25 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.ssbhibbing.com |
| Data Updated | 01/30/2026 |
| CERT | 10175 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $151.31M |
| Total Deposits | $136.18M |
| Total Liabilities | $137.15M |
| Total Equity Capital | $14.16M |
| Net Income | $370.00k |
| Net Loans and Leases | $93.12M |
| Assets Per Employee ($Millions) | $6.05M |
| Bank Premises and Fixed Assets | $1.49M |
| Cash and Balances due from Depository Institutions | $8.49M |
| Deposits Held in Domestic Offices | $136.18M |
Key Performance Ratios
| Return on Assets (ROA) | 0.97% |
| Return on Equity (ROE) | 10.73% |
| Net Interest Margin | 4.59% |
| Efficiency Ratio | 62.06% |
| Tier 1 Risk-Based Capital Ratio | 16.34% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.66% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.358% |
| Earning Assets to total Assets | 94.14% |
Income and Expense
| Total Interest Income | $1.96M |
| Total Noninterest Income | $198.00k |
| Total Interest Expense | $332.00k |
| Total Noninterest Expense | $1.14M |
| Net Interest Income | $1.63M |
| Pre-tax Net Operating Income | $441.00k |
| Provision for Credit Losses | $253.00k |
| 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 | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $966.00k |
| Total Liabilities and Capital | $151.31M |
Securities
| Securities | $42.40M |
| Available-for-sale debt securities | $42.40M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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 State Bank of Hibbing?
$151.31M as of the latest filing.
How much are Security State Bank of Hibbing's total deposits?
$136.18M in total deposits.
Where is Security State Bank of Hibbing located?
Hibbing, MN.
What is the Net Interest Margin?
4.59%.
How many domestic offices does it operate?
1.
When was it established?
02/11/1911.
What is the Return on Assets (ROA)?
0.97%.
How much are total loans and leases?
$93.12M (latest filing).
What is the total interest income (latest filing)?
$1.96M.