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 105th largest bank in the state of Minnesota. It is also the 3,019th largest bank in the nation. It was established in 1910 and as of March of 2022, it had grown to 49 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
Employees49
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD16.81%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$213.6MM$195.5MM
LoansQ1 2022vs Q1 2021$124.0MM$127.7MM
DepositsQ1 2022vs Q1 2021$188.7MM$172.3MM
Equity CapitalQ1 2022vs Q1 2021$18.2MM$17.9MM
Loan Loss AllowanceQ1 2022vs Q1 2021$2.3MM$2.0MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$134.00K$448.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates

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Locations


Security Bank USA Locations
Security Bank Usa1025 Paul Bunyan Drive, N.W.Bemidji, MN 56601
Detached Facility104-106 Fourth StreetBemidji, MN 56601

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