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Security State Bank of Oklee

Oklee, MN · Cert 10982

State charter, non-member · FDIC · 1 branch

Q2 2026

$48.8MAssets
$20.7MLoans
$40.9MDeposits
$7.6MEquity
Loan mix
80%RE $13.8M8%C&I $1.3M13%Consumer $2.2MQ3 2024Q2 2026
Deposit mix
86%Interest-bearing $35.0M14%Noninterest $5.9MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.37%, up 13 bps year over year; NIM at 3.08%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 15.84%, up 20 bps from a year ago.
  • Funding: loans stand at 50.66% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.37%+13 bps YoY

Net Interest Margin (quarter, annualized)

3.08%+17 bps YoY

Efficiency Ratio (quarter, annualized)

52.05%-2 bps YoY

Tier 1 Leverage Ratio

15.84%+20 bps YoY

NIM

5.01%Q2 ’244.84%Q2 ’254.78%Q2 ’26-7%+6%

Non-interest income vs. expense

1.59%Q2 ’241.84%Q2 ’252.01%Q2 ’26+46%+1%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.08%1.72%1.53%1.24%1.33%1.48%1.70%1.37%+13 bps
Return on Equity12.84%10.75%9.82%7.82%8.22%9.22%10.80%8.74%+92 bps
Net Interest Margin3.60%3.29%2.96%2.91%2.82%2.98%3.11%3.08%+17 bps
Efficiency Ratio43.93%51.29%48.76%52.07%53.76%49.00%45.64%52.05%-2 bps
Non-Interest Burden0.93%1.08%0.98%1.22%1.07%1.06%0.85%1.23%+1 bps
Growth
Asset Growth (YoY)6.39%10.41%4.81%6.16%4.81%4.05%3.15%4.97%-119 bps
Loan Growth (YoY)-4.24%-2.28%-1.07%3.19%9.39%16.94%8.03%6.61%+342 bps
Deposit Growth (YoY)4.52%11.26%4.73%6.20%4.93%3.09%2.90%5.42%-78 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.06%0.00%0.01%0.00%0.00%0.00%0.00%-1 bps
Net Charge-Offs / Loans-0.02%-0.02%-0.02%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.81%1.93%1.95%1.86%1.76%1.60%1.77%1.74%-12 bps
Allowance Coverage of NPLsn/a34.8xn/a361.0xn/an/an/an/an/a
Capital
Tier 1 Leverage Ratio16.51%15.64%15.51%15.65%16.09%15.01%15.71%15.84%+20 bps
Total Risk-Based Capital44.46%45.73%44.41%43.51%41.18%39.92%43.08%42.92%-59 bps
Equity / Assets16.53%15.48%15.61%15.99%16.47%15.71%15.73%15.60%-39 bps
Liquidity & Funding
Loans / Deposits52.04%47.09%47.09%50.09%54.26%53.42%49.44%50.66%+57 bps
Liquid Assets / Assets38.20%42.83%8.16%15.18%4.79%6.36%10.14%20.56%+538 bps
CRE / Total Capitaln/an/an/an/a22.56%24.62%25.61%n/an/a