Security Bank USA: how it compares with its peers
Against 98 MN banks with half to twice its assets, Security Bank USA's strongest measure in Q2 2026 is net interest margin (4.53% vs. a 3.99% peer median). Its weakest relative measure is assets per employee ($5.3M vs. $7.5M).
| Measure | Security Bank USA | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.84% | 1.30% | Top third Ahead of 83% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.53% | 3.99% | Top third Ahead of 84% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 62.52% | 61.79% | Middle third Ahead of 46% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.3M | $7.5M | Bottom third Ahead of 9% of peers |
| Loans to deposits Net loans and leases over total deposits. | 80.55% | 77.10% | Context |
What it means for lending operations
Its efficiency ratio of 62.52% is above the 61.79% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Grand Rapids State Bank Grand Rapids, MN · $261M
- VisionBank Saint Louis Park, MN · $254M
- Union Bank and Trust Company Minneapolis, MN · $253M
- Drake Bank Saint Paul, MN · $247M
- Cornerstone State Bank Montgomery, MN · $247M
- First Farmers & Merchants National Bank Luverne, MN · $243M
Questions about Security Bank USA
How big is Security Bank USA?
Security Bank USA, established in 1910, is headquartered in Bemidji, MN. It reported $264M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Security Bank USA's return on assets?
1.84% annualized in Q2 2026, against a 1.30% median for 98 MN banks with half to twice its assets, ahead of 83% of them.
What is Security Bank USA's efficiency ratio?
62.52% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 61.79%, and lower is better.
Is Security Bank USA growing its loans?
Net loans grew 8.0% over the year to Q2 2026, while deposits grew 4.2%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Minnesota bank ranked.