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BankHealth

SECURITY BANK USA

BEMIDJI, MINNESOTA · FDIC Cert #1604

A
Health Score
82/100
$243M
Total Assets
$221M
Total Deposits
13.59%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SECURITY BANK USA holds a Tier 1 capital ratio of 13.59%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SECURITY BANK USA has a strong buffer to absorb potential losses.

Key Financial Metrics

1.13%
Nonperforming Loans
Moderate — some loan stress
26.45%
Liquidity Ratio
Strong — can meet withdrawal demands
1.15%
Return on Assets
Profitable — earning well on assets
$221M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECURITY BANK USA shows strong financial health indicators. With $243M in assets and a Health Score of 82/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SECURITY BANK USA has a Bank Health Score of A (82/100). It holds a Tier 1 capital ratio of 13.59%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SECURITY BANK USA holds $243M in total assets and $221M in total deposits. It is located in BEMIDJI, MINNESOTA (FDIC Certificate #1604).

SECURITY BANK USA has a Tier 1 capital ratio of 13.59%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.13%, and the return on assets is 1.15%.

Yes. SECURITY BANK USA is FDIC-insured (Certificate #1604). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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