Security Bank Minnesota
Albert Lea, MN · Cert 10984 · Peer group: banks under $1B in assets in MN (n=111-113) · Lake Bk Shares Employee STK Ownership Plan
State charter, non-member · FDIC · 3 branches
Q2 2026
$145.1MAssets
$108.1MLoans
$125.0MDeposits
$14.6MEquity
Executive Summary
- Strongest standing: net interest margin outperforms 83% of banks under $1B in assets in MN (rank 19 of 113).
- Widest gap: nonperforming loans / loans trails 85% of banks under $1B in assets in MN (rank 95 of 111).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
0.98%
Rank 75 of 113
Net Interest Margin
4.42%
Rank 19 of 113
Efficiency Ratio
60.03%
Rank 51 of 113
Equity / Assets
10.10%
Rank 57 of 113
Non-interest income vs. expense
Unfavorable gap of $3.9M · efficiency ratio beats 56% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.98% | 0.87% | 1.20% | 1.41% | Beats 34% | 75 / 113 | |
| Return on Equity | 9.66% | 8.92% | 11.27% | 13.99% | Beats 34% | 75 / 113 | |
| Net Interest Margin | 4.42% | 3.42% | 3.88% | 4.31% | Beats 83% | 19 / 113 | |
| Efficiency Ratio | 60.03% | 54.13% | 61.48% | 69.86% | Beats 56% | 51 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.29% | 0.09% | 0.58% | 1.82% | Beats 15% | 95 / 111 | |
| Net Charge-Offs / Loans | 0.10% | n/a | 0.00% | 0.04% | Beats 16% | 94 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 13.15% | 11.53% | 13.31% | 18.13% | Beats 47% | 60 / 113 | |
| Total Risk-Based Capital Ratio | 14.40% | 12.12% | 14.43% | 19.39% | Beats 48% | 59 / 113 | |
| Equity / Assets | 10.10% | 8.52% | 10.10% | 11.94% | Beats 50% | 57 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 86.45% | 62.08% | 77.32% | 88.06% | 70th pctl | 33 / 111 | |
| Loans / Assets | 74.52% | 55.01% | 66.35% | 75.50% | 69th pctl | 35 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |