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BankHealth

SECURITY NB OF SOUTH DAKOTA

DAKOTA DUNES, SOUTH DAKOTA · FDIC Cert #34394

C
Health Score
61/100
$232M
Total Assets
$188M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, SECURITY NB OF SOUTH DAKOTA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject SECURITY NB OF SOUTH DAKOTA to additional regulatory scrutiny.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
26.31%
Liquidity Ratio
Strong — can meet withdrawal demands
2.33%
Return on Assets
Profitable — earning well on assets
$188M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECURITY NB OF SOUTH DAKOTA shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

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 NB OF SOUTH DAKOTA has a Bank Health Score of C (61/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SECURITY NB OF SOUTH DAKOTA holds $232M in total assets and $188M in total deposits. It is located in DAKOTA DUNES, SOUTH DAKOTA (FDIC Certificate #34394).

SECURITY NB OF SOUTH DAKOTA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 2.33%.

Yes. SECURITY NB OF SOUTH DAKOTA is FDIC-insured (Certificate #34394). 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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