First Security Bank - Sleepy Eye

Chartered Bank Active FDIC Insured
Health Score
10.0 / 10

100 Main St E, Sleepy Eye, MN 56085

Financial Overview

Total Assets $189.1M
Total Deposits $160.9M
Profitability (ROA) 1.41%
Shareholder Return (ROE) 9.89%
Capital Cushion (Eq/Assets) 14.53%
Established 01/01/1882

Financial Health Analysis

First Security Bank - Sleepy Eye is a currently active agricultural specialization banking institution headquartered in Sleepy Eye, Minnesota. Established in 01/01/1882, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, First Security Bank - Sleepy Eye manages $189.1M in total assets and holds $160.9M in customer deposits. When evaluating the stability of First Security Bank - Sleepy Eye, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 14.53%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.41%, while its Return on Equity (ROE) sits at 9.89%. These robust metrics contribute to an overall health score of 10.0 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$32.2M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.firstsecuritybanks.com

FDIC Certificate #: 5252

Specialization: Agricultural Specialization

Location

100 Main St E

Sleepy Eye, Minnesota 56085

Open in Google Maps →

Map