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 Security State Bank of Hibbing
Security State Bank of Hibbing
| RSSD ID 950356 | CERTIFICATE 10175 | ABA NUMBER 91200592 |
| 701 E Howard St |
Quarter Ended : |
2025-06-30 |
| Hibbing, Minnesota, 55746 |
Updated : |
2025-07-25 |
| www.ssbhibbing.com |
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| Institution Profile |
| Year Opened : |
1911 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
25 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 150,501 |
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Total Interest Income | 3,561 |
| Total Liabilities | 137,898 |
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Total NonInterest Income | 461 |
| Total Bank Equity Capital | 12,603 |
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Total Interest Expense | 708 |
| Total Deposits | 135,728 |
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Total NonInterest Expense | 2,375 |
| Net Loans & Leases | 90,019 |
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Net Income | 437 |
| Loan Loss Allowance | 1,525 |
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Net Charge Offs | 34 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 18,226 |
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Total loans | 88,990 |
| Total assets for the leverage ratio | 154,748 |
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Loans secured by real estate: | 55,816 |
| Tier 1 Leverage Ratio | 10.79 |
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Commercial and industrial loans | 29,014 |
| Tier 1 Capital Ratio | 15.52 |
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Loans to individuals - Credit Cards | 375 |
| Total Capital Ratio | 16.94 |
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Loans to individuals - Other | 2,335 |
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:· Security State Bank of Hibbing
