# SECURITY STATE BANK
DUNSEITH, ND · FDIC certificate 11518 · asset band <$300M · latest filing 2011-09 · stopped filing (departed)

**Verdict on the desk:** this could be *auto lender*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $62.4M | |
| Deposits | $57.0M | |
| Loans and leases | $36.9M | |
| Total equity | $4.8M | |
| Loans / deposits | 64.03% (p36 of band) | 71.39% |
| Liquid assets / assets | 34.79% (p54 of band) | |
| Uninsured deposits / deposits | 6.26% (p39 of band) | 8.02% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p16 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.61% (p9 of band) | 9.99% |
| Unrealized securities loss / equity | 0.00% (p9 of band) | 3.72% |
| AOCI / equity | -0.63% (p3 of band) | |
| ROA (annualized) | 0.86% (p58 of band) | 0.72% |
| Net interest margin | 3.84% (p48 of band) | 3.86% |
| Efficiency ratio | 86.27% (p76 of band) | |
| Noncurrent loans | 0.45% (p25 of band) | 1.48% |
| Net charge-offs (annualized) | 0.00% (p12 of band) | |
| Reserve coverage of noncurrent | 249.70% | |
| Real estate % of loans | 46% | |
| Construction % of loans | 11.32% (p40 of band) | |
| Auto loans | $5.8M (15.80% of loans; DQ 1.85%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | – | |
| Employees | 22 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | leverage <7% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 0 |  | leverage <7% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-16 [Security State Bank & Trust Names Tish Perez President and Member of the Board of Directors - PR Newswire](https://news.google.com/rss/articles/CBMi3wFBVV95cUxOMDY5SmY3X2hVZnlkTmFjUm9NZFFVVVpndTc3V0ZjdGh3NV9LdzVReDZ0WklvUFFxWThYR3JndjFjLTdfUHZ3NVdqWFBuYjFiMjliZ0xTZ0JHRmNEYThsRXp2dWxMVEhzSG5rUE83UGdZNjhtT3l1bDFKNFB4bkdKZTJiUjU2R2R0ZmdTQW5MczJ3SXJ4RHp6bkVYTGRDc1R3Sl9qYkxKSVNULTBKUl9FeEpJbGFhZ3gwc1MzSS0wemNtZEZxeHJGZjh0LUpQZ2s2U2tjRC1mc2VWRFVuMnc0?oc=5) · PR Newswire
- 2026-08-27 [Security State Bank celebrates 50th annual golf tournament - Basin Republican Rustler](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOZG91WGxTUjM1TFdhMHJnSHZ0U0N1V2JUSXNxcFdWX0tSTDdNVW9BcFhpdUY4eEVCMUFCWnZTMEFYRmJKVElVdncxeEQtYlVBLTFNV0k3d293eXd6Z0IyVUhoZVQ2MW5SaVY3OVlRelQ1Rlo1MTNpQUEwZ2ctam5qdkNrajVCVFpjT2lKUmVxX0x1UWhiZWxVckF2Y1JrX0NBRmFEb3RVQ3B2Zw?oc=5) · Basin Republican Rustler
- 2026-01-06 [Security State Bank of Wanamingo announces new COO - southernminn.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOSXJpU0VwVUp6MHQyVVh1bXNRT3hISUVSZjgtOVV4VGFMVFlNbVpfcDRBMnFMQ2hacUVfQ21hQWlUNXNLSk5tUVVEMGRsUkNhOE9kS0F3TWJGbUE5SmRmbjk1d1NGNzdUOW45UUNUOHZ0OEtibzRva3VnYXl5b0Z3cGdmM292Z2JtSjR4TkRrbU9lLWpMM1g5NnpEdHFYOC1aSlhwUlhlNFgtdldPREJaSi1qdDZzYjBHXzZGb1VOdlFuY1k2cjVpRWRPRGJ5MlJzN1BxZnAyMjdPS3hoV2RvU3gzVzNBQ2hOT0M4aFZB?oc=5) · southernminn.com
- 2026-06-10 [Pete Ellingson, former Security State Bank chairman, dies at 89 - southernminn.com](https://news.google.com/rss/articles/CBMi_AFBVV95cUxQbXBsblpLZlkxa1l4TFdiektwWEZybWdPTFNHUGtWNnc1M0Z5V3ZvVXBtbjRRZWRvVzNpbTVFVkpwSDd3WElaLUQ0Nkh6TTNBaGZwMjBaX3dQZ2pnWm1XX1dpMTU0WlA1bDNJVF9CYnBBM3BZNEdBTWpGUDJLUnVvV1NCdFBFZExjcDVDa2xxMlBKZ3RQTlk4cVRlV0V3b1JpcHEzVlVYOFdicDBzWTdva1hKRW1zekZZUTJ0YW1HM1h3OWRTMUszR25RSWU5ZFY4RnhnYnJWUnRRUVFNa1V2N3lCY0lkbVVucTFJMlpXb21xeG9KcXlZaXlmN0o?oc=5) · southernminn.com
- 2025-06-26 [Security State Bank announces new president - mesabitribune.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxONG1meGdIaGQya3BHV29iY211YzVmMWRfU25tQTVMWG4zbFgtTk9lX2ExcnFINl9pSzBBVTRUOTVuVDZjdjh2QzVlcWhTcFF5cmxmQlJlZnUxV3RiRGpmWEYtRVd2NENGX1ZVdmFxRVJ0REVXUmgwd29wX1Q2dFV0SFpwZ1FGblY3aWlZbkhBcng4anlVbmlUZDQ1YXBHeXZrLVhpaWxWZXdTSEFoblZ4c1lleGt3aEd0VlhhZDZOSHZCUG5nOHJFYWw1V19paE1FOTdj?oc=5) · mesabitribune.com
- 2024-05-24 [Gesa Credit Union to buy Washington bank - Banking Dive](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPZ2RHdkZ3V1QwZWs1X0VkOEkySEtxZi1HVDhhY09fY2FSX1dRci0zNlpHQWRZTktmYmlhNmtPSWIxd0VLUGpCSUVKaEVMV3dwUWJNQlhlQWtFclp4OUtheVI3bVRHVnB2RFN1NnhZeFl0YWViZkliemQ4VGhjWlhRQlJVZUNoaFZhMEZmTVBycUdJUnBwVkI0MWVGSkNXTWhZdm5lR2doMmlrZw?oc=5) · Banking Dive
- 2025-08-01 [Gesa Credit Union CEO talks Security State Bank acquisition, plans for future - The Daily Chronicle](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQaVhPLTJoSEw1MVVUb3dVOEZfNzh3Q21RVEl2T0ZLdDVaTkE5d2N3dHRIcjZVdVFqZUJJcVFRbWV3ZXZsbloydk9xN21OQktaYmk1ME5iTkxFVjgtcEVfZ0lpc3M1NDZfOFZJa0JsZjMweC1hY1l2TEtaU0M5V1Z5ejU5eW1YMmxEeC1kU3JYNVFZTEl2YWVpcWpTR3VIMVpjY2I4YmVIUlJZMnJPVzhQU0F0dDZJdGhC?oc=5) · The Daily Chronicle
- 2024-05-27 [Gesa Credit Union to acquire Washington-based Security State Bank - banking-gateway.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxPc19PYndqTE5KeHl3dTdpOHFKWVdpOS1IS19FWEc2cDZnUWJDZ05VcHpvUXlzaEYwanBqd2xQckFhOFRoRnVzNVB1RzBRYlZuZjJTbVpnUVhlUWJSYWE3c1FDWVJCdUx2ZkFGYjFFekZOcXQ2aWNFVzgtcFFrWENSYmMtN1YzQTV0VG9SSlN6SEk0c1hXOUtIQm9SdFVnLUs5TnFrc1J3?oc=5) · banking-gateway.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=11518 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/62.json (key "11518", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide