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 Security Bank Minnesota
Security Bank Minnesota
| RSSD ID 295057 | CERTIFICATE 10984 | ABA NUMBER 91908399 |
| 437 Bridge Ave |
Quarter Ended : |
2025-06-30 |
| Albert Lea, Minnesota, 56007 |
Updated : |
2025-07-08 |
| www.securitybankmn.com |
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| Institution Profile |
| Year Opened : |
1906 |
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 : |
Commercial Lending Specialization |
| Number of Offices : |
3 |
Number of Employees : |
27 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 146,692 |
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Total Interest Income | 4,413 |
| Total Liabilities | 132,215 |
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Total NonInterest Income | 97 |
| Total Bank Equity Capital | 14,477 |
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Total Interest Expense | 1,224 |
| Total Deposits | 122,656 |
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Total NonInterest Expense | 2,089 |
| Net Loans & Leases | 105,286 |
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Net Income | 595 |
| Loan Loss Allowance | 1,331 |
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Net Charge Offs | 468 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 15,721 |
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Total loans | 107,323 |
| Total assets for the leverage ratio | 148,495 |
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Loans secured by real estate: | 24,890 |
| Tier 1 Leverage Ratio | 9.68 |
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Commercial and industrial loans | 73,791 |
| Tier 1 Capital Ratio | 13.03 |
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Loans to individuals - Credit Cards | 39 |
| Total Capital Ratio | 14.25 |
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Loans to individuals - Other | 1,705 |
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:· Security Bank Minnesota
