TellerScore

Headquartered in Bemidji, Minnesota, Security Bank USA is a state-chartered bank with $263.9M in total assets and $238.8M in deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1910.

Security Bank USA has a TellerScore of 77 out of 100 (strong) based on Q2 2026 data — higher than 68% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 47th. Problem-loan coverage contributes the most (97/100, 1.6%); capital cushion contributes the least (44/100, 9.36%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.36%
Loan quality93/100
Noncurrent loans ÷ total loans: 0.22%
Earnings94/100
Return on assets (annualized): 1.84%
Funding & liquidity80/100
Loans ÷ deposits and uninsured-deposit share: 80.6% · 13.7% uninsured
Problem-loan coverage97/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.64%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 11 points (66 → 77), mostly because the loan quality component improved by 32 points.

TellerScore
637077Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202463
Q3 202475
Q4 202468
Q1 202564
Q2 202566
Q3 202567
Q4 202573
Q1 202677
Q2 202677
Tier 1 leverage ratio
5.00%7.37%9.74%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.39%
Q3 20249.56%
Q4 20249.30%
Q1 20259.38%
Q2 20259.48%
Q3 20259.56%
Q4 20259.62%
Q1 20269.74%
Q2 20269.36%
Noncurrent loans
0.14%0.66%1.18%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.13%
Q3 20240.14%
Q4 20240.83%
Q1 20251.18%
Q2 20251.16%
Q3 20251.10%
Q4 20250.47%
Q1 20260.37%
Q2 20260.22%
Return on assets
1.15%1.49%1.84%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.15%
Q3 20241.40%
Q4 20241.41%
Q1 20251.33%
Q2 20251.53%
Q3 20251.60%
Q4 20251.54%
Q1 20261.79%
Q2 20261.84%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202677$263.9M9.36%0.22%1.84%80.6%
Q1 202677$275.7M9.74%0.37%1.79%74.8%
Q4 202573$261.6M9.62%0.47%1.54%76.7%
Q3 202567$254.5M9.56%1.10%1.60%80.3%
Q2 202566$252.2M9.48%1.16%1.53%77.7%
Q1 202564$248.8M9.38%1.18%1.33%76.6%
Q4 202468$247.8M9.30%0.83%1.41%76.7%
Q3 202475$253.9M9.56%0.14%1.40%73.7%
Q2 202463$242.7M9.39%1.13%1.15%76.3%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.36%
18th
Total risk-based capital14.72%
66th
Problem loans0.22%
63rd
Net charge-offs0.05%
28th
Return on assets1.84%
82nd
Net interest margin4.53%
81st
Efficiency ratio62.5%
49th
Loans to deposits80.6%
48th
Uninsured deposits13.7%
85th
Loan-loss reserves1.28%
61st
Texas ratio1.6%
62nd

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Grand Rapids State BankBank Grand Rapids, MN83 out of 100, Strong$261.1M10.0%0.02%vs
VisionBankBank Saint Louis Park, MN57 out of 100, Moderate$253.9M10.0%1.81%vs
Union Bank and Trust CompanyBank Minneapolis, MN38 out of 100, Low$253.4M10.0%3.13%vs
Drake BankBank Saint Paul, MN18 out of 100, Low$247.4M7.3%4.49%vs
Cornerstone State BankBank Montgomery, MN74 out of 100, Strong$247.0M10.6%0.80%vs
First Farmers & Merchants National BankBank Luverne, MN70 out of 100, Strong$242.6M11.6%0.85%vs

Deposit insurance

Is my money safe at Security Bank USA?

Yes. Security Bank USA is an FDIC-insured institution (FDIC certificate #1604). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 13.7% of deposits ($32.8M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.36%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.72% (benchmark: 10%).

Check how much of your own balance is covered

2 locations

Branches

Security Bank USA lists 1 office in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Security Bank USA
Former names
Security State Bank of Bemidji
Type
State-chartered bank
FDIC certificate #
1604
RSSD ID
950758
Primary regulator
FDIC
Holding company
Security St Bancshares Bemidji
Established
February 7, 1910
Headquarters
1025 Paul Bunyan Dr Nw, Bemidji, MN 56601
Employees
50

Quick answers

Security Bank USA: common questions

Is Security Bank USA FDIC insured?

Yes. Security Bank USA is an FDIC-insured institution (FDIC certificate #1604). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Security Bank USA's TellerScore?

77 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Security Bank USA ever failed?

There is no failure record for FDIC certificate #1604 in the FDIC failed bank list.

How many branches does Security Bank USA have?

2 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Bemidji

InstitutionScoreAssetsCapitalProblem loansCompare
Trustar Federal Credit UnionCredit union International F, MN88 out of 100, Very strong$376.7M15.4%0.36%vs
KodaBankBank Drayton, ND75 out of 100, Strong$559.8M10.3%0.30%vs
Ultima Bank MinnesotaBank Winger, MN72 out of 100, Strong$333.9M10.8%0.62%vs
Western National BankBank Cass Lake, MN72 out of 100, Strong$37.1M9.1%0.00%vs
National Bank of CommerceBank Superior, WI70 out of 100, Strong$2.2B9.3%0.64%vs
Bank ForwardBank Fargo, ND70 out of 100, Strong$1.1B10.2%0.67%vs