Security First Bank of North Dakota

Overview / Commentary
700 Ash Avenue
New Salem, ND 58563

Security First Bank of North Dakota is headquartered in New Salem and is the 32nd largest bank in the state of North Dakota. It is also the 2,957th largest bank in the nation. It was established in 1925 and as of December of 2020, it had grown to 39 employees at 5 locations. Security First Bank of North Dakota has an A+ health rating.


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Health Grade Components

FDIC Certificate #11519
Year Established1925
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.84%
Return on Equity - YTD13.22%
Annual Interest Income$8.8MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$210.4MM$185.3MM
LoansQ4 2020vs Q4 2019$164.2MM$153.6MM
DepositsQ4 2020vs Q4 2019$179.4MM$155.8MM
Equity CapitalQ4 2020vs Q4 2019$28.1MM$26.5MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.5MM$3.4MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$30.00K$7.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0

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Security First Bank of North Dakota Locations
Security First Bank Of North Dakota - Bismarck Branch3000 North 14th StreetBismarck, ND 58503
Mandan Branch614 West Main StreetMandan, ND 58554
Security First Bank Of North Dakota700 Ash AvenueNew Salem, ND 58563
Center BranchMain Street and Center AvenueCenter, ND 58530
Paying And Receiving Station Branch109 Main StreetAlmont, ND 58520

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