Security Bank Minnesota

Security Bank Minnesota
437 Bridge Ave
Albert Lea, MN 56007

Status: Active
Concentration:Commercial Lending Specialization
Established:01/01/1906
FDIC Insurance:01/01/1934
FDIC Cert:#10984
Holden By:LAKE BK SHARES EMPLOYEE STK OWNERSHIP PLAN
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, ranked #2586
Website:http://www.securitybankmn.com
Total Assets:$147,802,000, ranked #3449
Total Deposits:$123,434,000, ranked #3441
Total Equity Capital:$15,899,000, ranked #3323
Total Domestic Deposits:$123,434,000, ranked #3441
Net Income:$2,110,000, ranked #2714
Return on Assets:1%, ranked #943
Return on Equity:14%, ranked #1362

Financial Information (2023-12-31 and Older)