Security Bank Minnesota, Financial Information

About Security Bank Minnesota

 Address:
437 Bridge Avenue
Albert Lea, MN
Freeborn County, Minnesota
 Established:
Jan 1906
 Number of domestic offices:
3
Total assets$153M
Net income$2M
Net income, quarterly$0M
Total deposits$134M
Domestic deposits$134M
Equity capital$15M
ROA1.11%
ROAQ, quarterly0.44%
ROA, pretax0.44%
ROAQ, quarterly, pretax0.44%
ROE11.11%
ROEQ, quarterly4.52%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Since 1906, Security Bank Minnesota continues to be a strong locally owned community bank offering full service banking with exceptional customer service to meet all your banking needs. Security Bank Minnesota offers a wide range of financial products and services whether personal or business.

Security Bank Minnesota is a locally owned full-service bank that has been providing deposit and loan products and services since 1906. Security Bank Minnesota is here to serve you with 2 convenient Minnesota locations in Albert Lea and Emmons.

Security Bank Minnesota offers a wide range of banking products to fit your individual needs: Checking Plans, VISA, Business Loans, Home Loans, On-Line Banking, On-Site Data Processing & More, Savings Plans, Overdraft Protection, Personal Loans, VIC Retirement Club, Drive-up ATM.

Albert Lea
437 Bridge Avenue
Albert Lea, MN 56007
Telephone +1 (507) 373.1481
Toll Free +1 (800) 657.6961
Fax +1 (507) 373.1723

Emmons
201 Main Street
Emmons, MN 56029
Telephone +1 (507) 297.5461
Fax +1 (507) 297.5005