TellerScore

Security State Bank of Wanamingo (FDIC certificate #18378) is based in Wanamingo, Minnesota. Its Q2 2026 call report shows $112.7M in total assets and $96.7M in deposits and 1 office.

Security State Bank of Wanamingo has a TellerScore of 84 out of 100 (strong) based on Q2 2026 data — higher than 86% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 25th. Loan quality contributes the most (100/100, 0.00%); funding & liquidity contributes the least (63/100, 97% loans-to-deposits, 8% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion64/100
Tier 1 leverage ratio: 11.37%
Loan quality100/100
Noncurrent loans ÷ total loans: 0.00%
Earnings100/100
Return on assets (annualized): 2.21%
Funding & liquidity63/100
Loans ÷ deposits and uninsured-deposit share: 97.2% · 8.0% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.00%

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 3 points (81 → 84), mostly because the loan quality component improved by 6 points.

TellerScore
687887Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202483
Q3 202487
Q4 202485
Q1 202568
Q2 202581
Q3 202584
Q4 202584
Q1 202682
Q2 202684
Tier 1 leverage ratio
5.00%8.63%12.25%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202412.06%
Q3 202412.25%
Q4 202411.92%
Q1 202511.38%
Q2 202511.49%
Q3 202511.76%
Q4 202511.54%
Q1 202611.13%
Q2 202611.37%
Noncurrent loans
0.00%0.66%1.32%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.26%
Q3 20240.00%
Q4 20240.00%
Q1 20251.32%
Q2 20250.18%
Q3 20250.00%
Q4 20250.10%
Q1 20260.10%
Q2 20260.00%
Return on assets
1.50%1.94%2.38%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20242.11%
Q3 20242.14%
Q4 20242.08%
Q1 20251.50%
Q2 20251.84%
Q3 20252.07%
Q4 20252.10%
Q1 20262.38%
Q2 20262.21%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202684$112.7M11.37%0.00%2.21%97.2%
Q1 202682$113.1M11.13%0.10%2.38%99.0%
Q4 202584$113.6M11.54%0.10%2.10%94.7%
Q3 202584$104.4M11.76%0.00%2.07%99.9%
Q2 202581$102.0M11.49%0.18%1.84%97.3%
Q1 202568$100.8M11.38%1.32%1.50%92.3%
Q4 202485$96.3M11.92%0.00%2.08%96.4%
Q3 202487$93.4M12.25%0.00%2.14%96.6%
Q2 202483$90.5M12.06%0.26%2.11%96.8%

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 ratio11.37%
56th
Total risk-based capital0.00%
24th
Problem loans0.00%
94th
Net charge-offs0.00%
53rd
Return on assets2.21%
91st
Net interest margin4.24%
67th
Efficiency ratio45.5%
90th
Loans to deposits97.2%
13th
Uninsured deposits8.0%
96th
Loan-loss reserves1.03%
30th
Texas ratio0.0%
95th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
The First National Bank of ColeraineBank Coleraine, MN65 out of 100, Moderate$112.0M7.6%0.00%vs
Farmers State Bank of UnderwoodBank Underwood, MN74 out of 100, Strong$113.8M8.6%0.03%vs
Security State Bank of AitkinBank Aitkin, MN56 out of 100, Moderate$114.5M10.8%2.24%vs
Rushford State Bank (Incorporated)Bank Rushford, MN54 out of 100, Below average$114.7M7.0%0.93%vs
First State Bank of Le CenterBank Le Center, MN76 out of 100, Strong$110.4M11.1%0.81%vs
Red River State BankBank Halstad, MN59 out of 100, Moderate$110.2M15.2%8.88%vs

Deposit insurance

Is my money safe at Security State Bank of Wanamingo?

Yes. Security State Bank of Wanamingo is an FDIC-insured institution (FDIC certificate #18378). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 8.0% of deposits ($7.8M) 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 11.37%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

1 location

Branches

Security State Bank of Wanamingo lists 1 office in 1 city. Most locations:

  • Wanamingo, MN (1)

All branch addresses and map

Identity & history

Profile

Legal name
Security State Bank of Wanamingo
Former names
Security State Bank of Wanamingo, Incorporated
Type
State-chartered bank
FDIC certificate #
18378
RSSD ID
211851
Primary regulator
FDIC
Holding company
Wanamingo Bancshares Inc
Established
December 5, 1917
Headquarters
232 Main St, Wanamingo, MN 55983
Employees
12

Quick answers

Security State Bank of Wanamingo: common questions

Is Security State Bank of Wanamingo FDIC insured?

Yes. Security State Bank of Wanamingo is an FDIC-insured institution (FDIC certificate #18378). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Security State Bank of Wanamingo's TellerScore?

84 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 State Bank of Wanamingo ever failed?

There is no failure record for FDIC certificate #18378 in the FDIC failed bank list.

How many branches does Security State Bank of Wanamingo have?

1 office as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Wanamingo

InstitutionScoreAssetsCapitalProblem loansCompare
Mayo Employees Federal Credit UnionCredit union Rochester, MN98 out of 100, Very strong$1.5B14.9%0.05%vs
Castle Rock BankBank Castle Rock, MN93 out of 100, Very strong$293.5M14.2%0.01%vs
Vermillion State BankBank Vermillion, MN90 out of 100, Very strong$931.4M13.4%0.24%vs
Think Mutual BankBank Rochester, MN86 out of 100, Very strong$2.2B16.3%0.25%vs
Red Wing Credit UnionCredit union Red Wing, MN83 out of 100, Strong$208.0M12.5%0.30%vs
First Farmers & Merchants BankBank Cannon Falls, MN77 out of 100, Strong$486.4M10.1%0.01%vs