Security First Bank of North Dakota
Overview / Commentary
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.
Health
A+
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11519 |
| Year Established | 1925 |
| Employees | 39 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.84% |
| Return on Equity - YTD | 13.22% |
| Annual Interest Income | $8.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $210.4MM$185.3MM |
| Loans | Q4 2020vs Q4 2019 | $164.2MM$153.6MM |
| Deposits | Q4 2020vs Q4 2019 | $179.4MM$155.8MM |
| Equity Capital | Q4 2020vs Q4 2019 | $28.1MM$26.5MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.5MM$3.4MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $30.00K$7.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |