Security State Bank of Hibbing

Hibbing, MN
IDRSSD: 950356
Total Assets
$146.16M
Latest filing
Total Deposits
$128.73M
Latest filing
Net Interest Margin
4.44%
Profitability

Key People

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Locations

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Main Office
Security State Bank of Hibbing
701 E Howard St
Hibbing, MN 55746
Full Service - Brick and Mortar
Updated 05/01/2026Established 02/11/1911FDIC Certificate 6516

Branches (0)

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NameAddressCity / State
No branch data available.
Security State Bank of Hibbing (Main)701 E Howard StHibbing, MN

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Watch Panel

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Growth

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Allowance

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Nonperforming

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Charge-off

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/11/1911
Community BankYes
Ownership TypeNot Mutual
ZIP55746
State and County Number27137
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameDuluth, MN-WI

Operational Info

Number of Employees25
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.ssbhibbing.com
Data Updated05/01/2026
CERT10175
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$146.16M
Total Deposits$128.73M
Total Liabilities$132.77M
Total Equity Capital$13.39M
Net Income$378.00k
Net Loans and Leases$90.74M
Assets Per Employee ($Millions)$6.09M
Bank Premises and Fixed Assets$1.47M
Cash and Balances due from Depository Institutions$6.69M
Deposits Held in Domestic Offices$128.73M

Key Performance Ratios

Return on Assets (ROA)1.02%
Return on Equity (ROE)10.98%
Net Interest Margin4.44%
Efficiency Ratio70.36%
Tier 1 Risk-Based Capital Ratio16.506%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.16%
Earning Assets to total Assets93.26%

Income and Expense

Total Interest Income$1.83M
Total Noninterest Income$213.00k
Total Interest Expense$283.00k
Total Noninterest Expense$1.24M
Net Interest Income$1.55M
Pre-tax Net Operating Income$512.00k
Provision for Credit Losses$10.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$3.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.04M
Total Liabilities and Capital$146.16M

Securities

Securities$41.29M
Available-for-sale debt securities$41.29M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security State Bank of Hibbing?
$146.16M as of the latest filing.
How much are Security State Bank of Hibbing's total deposits?
$128.73M in total deposits.
Where is Security State Bank of Hibbing located?
Hibbing, MN.
What is the Net Interest Margin?
4.44%.
How many domestic offices does it operate?
1.
When was it established?
02/11/1911.
What is the Return on Assets (ROA)?
1.02%.
How much are total loans and leases?
$90.74M (latest filing).
What is the total interest income (latest filing)?
$1.83M.