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BankHealth

SECURITY STB OF HIBBING

HIBBING, MINNESOTA · FDIC Cert #10175

A
Health Score
89/100
$155M
Total Assets
$135M
Total Deposits
15.52%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SECURITY STB OF HIBBING holds a Tier 1 capital ratio of 15.52%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SECURITY STB OF HIBBING has a strong buffer to absorb potential losses.

Key Financial Metrics

1.41%
Nonperforming Loans
Moderate — some loan stress
39.36%
Liquidity Ratio
Strong — can meet withdrawal demands
1.33%
Return on Assets
Profitable — earning well on assets
$135M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECURITY STB OF HIBBING shows strong financial health indicators. With $155M in assets and a Health Score of 89/100, 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 STB OF HIBBING has a Bank Health Score of A (89/100). It holds a Tier 1 capital ratio of 15.52%, 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 STB OF HIBBING holds $155M in total assets and $135M in total deposits. It is located in HIBBING, MINNESOTA (FDIC Certificate #10175).

SECURITY STB OF HIBBING has a Tier 1 capital ratio of 15.52%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.41%, and the return on assets is 1.33%.

Yes. SECURITY STB OF HIBBING is FDIC-insured (Certificate #10175). 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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