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Banks · Minnesota

Security State Bank Of Hibbing

Hibbing, MN · FDIC Certificate #10175 · Chartered 02/1

Total assets
$151.94M
Total deposits
$129.91M
Total equity
$14.05M
Net loans
$97.69M
Branches (offices)
1
Net income (YTD)
$804.00K
Rank: #3,293 of 4,213 U.S. banks by assets · #134 of 221 in Minnesota. Assets changed 1.0% and deposits -4.3% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.07%
Return on equity11.60%
Net interest margin (YTD)4.56%
Equity to assets9.25%
Tier 1 leverage ratio11.64%
Uninsured deposits (share of deposits)22.1%
Noncurrent loans (share of loans)1.54%
Net charge-offs (share of loans)0.66%
Loans to deposits75.2%
Real estate loans (share of loans)63.2%

Loan mix

CategoryAmountShare
Real estate loans$61.79M
63.2%
Commercial & industrial$30.56M
31.3%
Consumer / individual$6.09M
6.2%
Construction & development$2.92M
3.0%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$154.80M$143.32M$628.00K$10.79M
Jun 2023$164.44M$153.22M$998.00K$10.31M
Jun 2024$155.39M$135.36M$759.00K$10.90M
Jun 2025$150.50M$135.73M$437.00K$12.60M
Jun 2026$151.94M$129.91M$804.00K$14.05M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$129.91M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $129.91M.

Similar-sized banks

Farmers And Merchants Bank Of Ashland ($152.16M) · Agility Bank, National Association ($151.64M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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