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Banks · Minnesota

Security State Bank Of Aitkin

Aitkin, MN · FDIC Certificate #16656 · Chartered 12/2

Total assets
$114.47M
Total deposits
$106.70M
Total equity
$6.30M
Net loans
$56.02M
Branches (offices)
4
Net income (YTD)
$529.00K
Rank: #3,576 of 4,213 U.S. banks by assets · #158 of 221 in Minnesota. Assets changed 2.1% and deposits 3.2% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)0.94%
Return on equity16.62%
Net interest margin (YTD)3.97%
Equity to assets5.50%
Tier 1 leverage ratio10.79%
Uninsured deposits (share of deposits)19.1%
Noncurrent loans (share of loans)2.24%
Net charge-offs (share of loans)0.00%
Loans to deposits52.5%
Real estate loans (share of loans)76.0%

Loan mix

CategoryAmountShare
Real estate loans$42.58M
76.0%
Commercial & industrial$12.11M
21.6%
Consumer / individual$1.87M
3.3%
Construction & development$4.42M
7.9%
Agricultural$433.00K
0.8%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$117.96M$111.47M$205.00K$5.81M
Jun 2023$106.25M$101.57M$170.00K$4.03M
Jun 2024$105.04M$99.25M$518.00K$5.18M
Jun 2025$112.07M$103.39M$557.00K$7.13M
Jun 2026$114.47M$106.70M$529.00K$6.30M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$106.70M4

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $106.70M.

Similar-sized banks

Morganton Savings Bank, S.S.B. ($114.48M) · Turtle Mountain State Bank ($114.12M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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