First Security Bank-Hendricks


First Security Bank-Hendricks is an FDIC insured institution headquartered at 113 S Main St, Hendricks, MN 56136.
It was founded in 1940 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 22, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15767
Date Established 1940
Assets $ 41.34 million
Loans $ 17.63 million
Deposits $ 36.79 million
Capital $ 4.46 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 9.92 million
Interest-bearing balances $ 8.94 million
Total securities $ 12.87 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 17.63 million
Loan loss allowance $ 0.30 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.77 million
     Total Assets $ 36.88 million

LIABILITIES
Total deposits $ 36.79 million
      Interest-bearing deposits $ 25.51 million
      Deposits held in domestic offices $ 36.79 million
      % insured (estimated) 91.73%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.02 millionn
      Total Liabilities $ 36.88 million
      Shareholders’ Equity $ 4.46 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 0.94 million
Total Interest Expense $ 0.27 million
Net interest income $ 0.67 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.06 million
Total non interest expense $ 0.34 million
Pre-tax Net Operating Income $ 0.26 million

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Branches

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First Security Bank-Hendricks Locations