Security State Bank of Warroad

Warroad, MN
IDRSSD: 868059
Total Assets
$145.68M
Latest filing
Total Deposits
$128.67M
Latest filing
Net Interest Margin
3.81%
Profitability

Locations

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Main Office
Security State Bank of Warroad
502 Lake St Ne
Warroad, MN 56763
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/13/1912FDIC Certificate 6257

Branches (1)

Page 1 of 1
NameAddressCity / State
Security State Bank of Warroad (Main)502 Lake St NeWarroad, MN
WARROAD BRANCH505 Lake St NeWarroad, MN
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 Date09/13/1912
Community BankYes
Ownership TypeNot Mutual
ZIP56763
State and County Number27135
Subchapter S CorporationsNo
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 Employees16
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
Websitehttp://www.ssbwarroad.com
Data Updated11/14/2025
CERT9773
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$145.68M
Total Deposits$128.67M
Total Liabilities$129.36M
Total Equity Capital$16.32M
Net Income$256.00k
Net Loans and Leases$67.11M
Assets Per Employee ($Millions)$9.71M
Bank Premises and Fixed Assets$140.00k
Cash and Balances due from Depository Institutions$11.41M
Deposits Held in Domestic Offices$128.67M

Key Performance Ratios

Return on Assets (ROA)0.71%
Return on Equity (ROE)6.46%
Net Interest Margin3.81%
Efficiency Ratio66.61%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.21%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.203%
Earning Assets to total Assets89.74%

Income and Expense

Total Interest Income$1.66M
Total Noninterest Income$5.00k
Total Interest Expense$438.00k
Total Noninterest Expense$818.00k
Net Interest Income$1.22M
Pre-tax Net Operating Income$335.00k
Provision for Credit Losses$75.00k
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$7.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$693.00k
Total Liabilities and Capital$145.68M

Securities

Securities$50.75M
Available-for-sale debt securities$50.75M
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 State Bank of Warroad?
$145.68M as of the latest filing.
How much are Security State Bank of Warroad's total deposits?
$128.67M in total deposits.
Where is Security State Bank of Warroad located?
Warroad, MN.
What is the Net Interest Margin?
3.81%.
How many domestic offices does it operate?
2.
When was it established?
09/13/1912.
What is the Return on Assets (ROA)?
0.71%.
How much are total loans and leases?
$67.11M (latest filing).
What is the total interest income (latest filing)?
$1.66M.