Security Bank USA


Overview / Commentary
218-751-1510
1025 Paul Bunyan Drive, N.W.
Bemidji, MN 56601

Security Bank USA is headquartered in BEMIDJI and is the 97th largest bank in the state of Minnesota. It is also the 2,735th largest bank in the nation. It was established in 1910 and as of September of 2024, it had grown to 52 employees at 2 locations. Security Bank USA has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #1604
Year Established1910
Employees52
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD15.94%
Annual Interest Income$10MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$253.9MM$238.2MM
LoansQ3 2024vs Q3 2023$169.6MM$164.3MM
DepositsQ3 2024vs Q3 2023$230.2MM$217.7MM
Equity CapitalQ3 2024vs Q3 2023$22.7MM$19.6MM
Loan Loss AllowanceQ3 2024vs Q3 2023$2.6MM$2.5MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$239K$169K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

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Locations


Security Bank USA Locations
Security Bank Usa1025 Paul Bunyan Dr NwBemidji, MN 56601
Detached Facility104-106 Fourth StreetBemidji, MN 56601

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