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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 1.53%, up 12 bps year over year; NIM at 3.07%.
  • 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 (YTD, annualized)

1.53%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.07%+16 bps YoY

Efficiency Ratio (YTD, annualized)

48.74%-161 bps YoY

Tier 1 Leverage Ratio

15.84%+20 bps YoY

NIM

4.77%Q2 ’244.82%Q2 ’254.78%Q2 ’26-1%+5%

Non-interest income vs. expense

2.05%Q2 ’241.85%Q2 ’251.94%Q2 ’26-9%-6%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.62%1.65%1.53%1.41%1.39%1.41%1.70%1.53%+12 bps
Return on Equity10.11%10.35%9.82%8.99%8.73%8.92%10.80%9.75%+75 bps
Net Interest Margin3.15%3.14%2.96%2.92%2.90%2.84%3.11%3.07%+16 bps
Efficiency Ratio50.30%50.57%48.76%50.35%51.51%50.86%45.64%48.74%-161 bps
Non-Interest Burden1.11%1.09%0.98%1.09%1.09%1.05%0.85%1.03%-6 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-0.03%-0.03%-0.02%-0.01%-0.01%0.00%0.00%0.00%+1 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