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 Security State Bank of Hibbing
Security State Bank of Hibbing
| RSSD ID 950356 | CERTIFICATE 10175 | ABA NUMBER 91200592 |
| 701 E Howard St |
Quarter Ended : |
2025-12-31 |
| Hibbing, Minnesota, 55746 |
Updated : |
2026-01-25 |
| www.ssbhibbing.com |
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| Institution Profile |
| Year Opened : |
1911 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
25 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 151,305 |
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Total Interest Income | 7,397 |
| Total Liabilities | 137,146 |
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Total NonInterest Income | 854 |
| Total Bank Equity Capital | 14,159 |
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Total Interest Expense | 1,391 |
| Total Deposits | 136,180 |
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Total NonInterest Expense | 4,641 |
| Net Loans & Leases | 93,069 |
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Net Income | 1,214 |
| Loan Loss Allowance | 1,808 |
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Net Charge Offs | 40 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 18,820 |
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Total loans | 91,019 |
| Total assets for the leverage ratio | 157,418 |
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Loans secured by real estate: | 58,953 |
| Tier 1 Leverage Ratio | 11.1 |
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Commercial and industrial loans | 27,209 |
| Tier 1 Capital Ratio | 16.34 |
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Loans to individuals - Credit Cards | 393 |
| Total Capital Ratio | 17.6 |
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Loans to individuals - Other | 3,099 |
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:· Security State Bank of Hibbing
