Total Assets
$114M
Total balance-sheet footings
FDIC Cert #18378 · Wanamingo, Minnesota · Est. 1917
Security State Bank of Wanamingo - FDIC Bank Health Profile
A community-scale look at Security State Bank of Wanamingo's own numbers, pulled straight from its quarterly FDIC Call Report.
- $114M
- Total assets
- A
- Health grade · Excellent
- 2.10%
- Return on assets
- 11.5%
- Tier 1 capital
Data updated July 2026
The verdict
Security State Bank of Wanamingo earns a PlainBankData health grade of A (88/100), with well-capitalized at 11.54% Tier 1, profitable at 2.10% ROA, efficient (48% cost ratio).
- #3,635
- largest of 4,313 FDIC banks by assets
- 16th
- percentile by asset size, nationally
- 11.54%
- Tier 1 ratio - above the 10% well-capitalized line
- 92nd
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Security State Bank of Wanamingo's 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Security State Bank of Wanamingo's composite health score
Tier 1 Capital Ratio (11.54%) 28/40
Return on Assets (ROA) (2.10%) 25/25
Texas Ratio (0.70%) 20/20
Efficiency Ratio (48.08%) 15/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$98M
Customer-funded liabilities
Net Loans
$93M
Outstanding loan book
Net Income
$2M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Security State Bank of Wanamingo ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Security State Bank of Wanamingo's score of 88/100 falls in the highlighted band.
Security State Bank of Wanamingo's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Security State Bank of Wanamingo's $114M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.54% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.54%
Texas Ratio
0.70%
Equity Capital
$13M
Profitability metrics
Return on Assets (ROA)
92nd percentile nationally
2.10%
Return on Equity (ROE)
18.64%
Efficiency Ratio
48.08%
What the numbers say about Security State Bank of Wanamingo
Security State Bank of Wanamingo is an FDIC-insured institution (Certificate #18378) headquartered in Wanamingo, Minnesota, established in 1917. It holds $114M in total assets - 3,635th of 4,313 FDIC-insured banks, $98M in customer deposits, and $93M in net loans. Looking at capital strength, Tier 1 stands at 11.54%, over the 10% well-capitalized line regulators set, while the Texas Ratio comes in at 0.70%, comfortably below the 50% caution mark. It earns a PlainBankData health grade of A (88/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
By assets, Security State Bank of Wanamingo ranks 161st of 227 banks based in Minnesota -- squarely in the community-bank tier. Size alone doesn't determine a bank's local importance; a bank this size often has deeper, longer-standing relationships with the specific businesses and depositors it serves than a much larger institution would.
Income & expense breakdown
$6M
Interest Income
$247K
Non-Interest Income
$2M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Security State Bank of Wanamingo reports a Texas Ratio of 0.70% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.70% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Minnesota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Security State Bank of Wanamingo (FDIC Cert #18378) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Minnesota
All Minnesota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Ameriprise Bank, FSBMinneapolis | $25.3B | A | 3.08% |
| Bridgewater BankSaint Louis Park | $5.4B | A | 0.99% |
| Frandsen Bank & TrustLonsdale | $3.7B | A | 1.48% |
| Stearns Bank National AssociationSaint Cloud | $3.3B | A | 1.85% |
| Minnwest BankRedwood Falls | $3.0B | B | 0.92% |
| Merchants Bank, National AssociationWinona | $2.9B | A | 1.23% |
| Tradition Capital BankWayzata | $2.6B | B | 0.71% |
| Think Mutual BankRochester | $2.2B | B | 0.61% |
Frequently asked questions
What is Security State Bank of Wanamingo's health grade?▼
Security State Bank of Wanamingo receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Security State Bank of Wanamingo?▼
Security State Bank of Wanamingo holds $114M in total assets and $98M in deposits, ranking 3,635th of 4,313 FDIC-insured banks by asset size. It is headquartered in Wanamingo, Minnesota.
Is my money safe at Security State Bank of Wanamingo?▼
Yes, deposits at Security State Bank of Wanamingo (Certificate #18378) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Security State Bank of Wanamingo's Tier 1 Capital Ratio?▼
Security State Bank of Wanamingo has a Tier 1 Capital Ratio of 11.54%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Security State Bank of Wanamingo?▼
Security State Bank of Wanamingo has a Texas Ratio of 0.70%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Security State Bank of Wanamingo?▼
Security State Bank of Wanamingo has an Efficiency Ratio of 48.08%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Security State Bank of Wanamingo's profile as a depositor or analyst.
- Security State Bank of Wanamingo's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Security State Bank of Wanamingo against other Minnesota banks before moving funds. Minnesota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.