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 Security Bank Midwest
Security Bank Midwest
| RSSD ID 435255 | CERTIFICATE 485 | ABA NUMBER 91408695 |
| 1600 Main St |
Quarter Ended : |
2025-03-31 |
| Tyndall, South Dakota, 57066 |
Updated : |
2025-04-25 |
| 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 : |
32 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 338,136 |
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Total Interest Income | 4,485 |
| Total Liabilities | 311,898 |
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Total NonInterest Income | 163 |
| Total Bank Equity Capital | 26,238 |
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Total Interest Expense | 1,936 |
| Total Deposits | 262,213 |
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Total NonInterest Expense | 1,965 |
| Net Loans & Leases | 223,966 |
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Net Income | 715 |
| Loan Loss Allowance | 2,950 |
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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 | 227,043 |
| Total assets for the leverage ratio | 336,280 |
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Loans secured by real estate: | 77,606 |
| Tier 1 Leverage Ratio | 9.16 |
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Commercial and industrial loans | 21,894 |
| Off Balance Sheet Exposures (%) | 1.11 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,464 |
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:· Security Bank Midwest
