Security State Bank of Wanamingo
Wanamingo, MN
IDRSSD: 211851
Total Assets
$104.36M
Latest filing
Total Deposits
$89.49M
Latest filing
Net Interest Margin
4.28%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Security State Bank of Wanamingo
232 Main St
Wanamingo, MN 55983
Full Service - Brick and Mortar
Updated 11/14/2025Established 12/05/1917FDIC Certificate 12288
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Security State Bank of Wanamingo (Main) | 232 Main St | Wanamingo, 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 | 12/05/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55983 |
| State and County Number | 27049 |
| Subchapter S Corporations | Yes |
| 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 | Red Wing, MN |
Operational Info
| Number of Employees | 12 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 04/27/1961 |
| Primary Insurance Agency | DIF |
| Website | http://www.ssbwanamingo.com |
| Data Updated | 11/14/2025 |
| CERT | 18378 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $104.36M |
| Total Deposits | $89.49M |
| Total Liabilities | $92.28M |
| Total Equity Capital | $12.08M |
| Net Income | $647.00k |
| Net Loans and Leases | $89.38M |
| Assets Per Employee ($Millions) | $8.7M |
| Bank Premises and Fixed Assets | $332.00k |
| Cash and Balances due from Depository Institutions | $3.53M |
| Deposits Held in Domestic Offices | $89.49M |
Key Performance Ratios
| Return on Assets (ROA) | 2.51% |
| Return on Equity (ROE) | 21.95% |
| Net Interest Margin | 4.28% |
| Efficiency Ratio | 42.89% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.572% |
| Earning Assets to total Assets | 97.14% |
Income and Expense
| Total Interest Income | $1.61M |
| Total Noninterest Income | $62.00k |
| Total Interest Expense | $535.00k |
| Total Noninterest Expense | $486.00k |
| Net Interest Income | $1.07M |
| Pre-tax Net Operating Income | $647.00k |
| Provision for Credit Losses | $0 |
| 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 | $2.52M |
| Federal Funds Sold & Reverse Repurchase Agreement | $980.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $268.00k |
| Total Liabilities and Capital | $104.36M |
Securities
| Securities | $8.70M |
| Available-for-sale debt securities | $8.70M |
| 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 Wanamingo?
$104.36M as of the latest filing.
How much are Security State Bank of Wanamingo's total deposits?
$89.49M in total deposits.
Where is Security State Bank of Wanamingo located?
Wanamingo, MN.
What is the Net Interest Margin?
4.28%.
How many domestic offices does it operate?
1.
When was it established?
12/05/1917.
What is the Return on Assets (ROA)?
2.51%.
How much are total loans and leases?
$89.38M (latest filing).
What is the total interest income (latest filing)?
$1.61M.