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Security Bank Midwest
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Security Bank Midwest
| RSSD ID 435255 | CERTIFICATE 485 | ABA NUMBER 91408695 |
| 1600 Main St |
Quarter Ended : |
2026-03-31 |
| Tyndall, South Dakota, 57066 |
Updated : |
2026-04-28 |
| www.sbmidwest.bank |
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| Institution Profile |
| Year Opened : |
1932 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
33 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 321,873 |
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Total Interest Income | 4,166 |
| Total Liabilities | 292,851 |
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Total NonInterest Income | 128 |
| Total Bank Equity Capital | 29,022 |
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Total Interest Expense | 1,565 |
| Total Deposits | 246,127 |
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Total NonInterest Expense | 1,945 |
| Net Loans & Leases | 210,951 |
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Net Income | 752 |
| Loan Loss Allowance | 2,951 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 215,971 |
| Total assets for the leverage ratio | 320,427 |
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Loans secured by real estate: | 74,137 |
| Tier 1 Leverage Ratio | 10.27 |
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Commercial and industrial loans | 18,609 |
| Off Balance Sheet Exposures (%) | 0.96 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,110 |
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