Overview / Commentary
First Security Bank-Hendricks is headquartered in Hendricks and is the 260th largest bank in the state of Minnesota. It is also the 5,176th largest bank in the nation. It was established in 1940 and as of March of 2019, it had grown to 5 employees at 1 location. First Security Bank-Hendricks has a B+ health rating.
Health
B+
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Security Bank-Hendricks has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15767 |
| Year Established | 1940 |
| Employees | 5 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.35% |
| Return on Equity - YTD | 11.65% |
| Annual Interest Income | $279.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $31.4MM$29.5MM |
| Loans | Q1 2019vs Q1 2018 | $13.0MM$10.4MM |
| Deposits | Q1 2019vs Q1 2018 | $27.7MM$26.4MM |
| Equity Capital | Q1 2019vs Q1 2018 | $3.7MM$3.1MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $272.00K$289.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $9.00K$29.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not First Security Bank-Hendricks; we are a rate comparison website and cannot provide official rates or promotions.
First Security Bank-Hendricks CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.06% | $1.5k | - | 9 Month CD Special |
Locations
| First Security Bank-Hendricks Locations | ||
|---|---|---|
| First Security Bank-Hendricks | 113 South Main Street | Hendricks, MN 56136 |