First Security Bank - West


First Security Bank - West is an FDIC insured institution headquartered at 100 E Main St, Beulah, ND 58523.
It was founded in 1915 and has approximately $0 billion in assets. Customers can open an account at one of its 2 branches.

Deposit Rates - December 22, 2024

SAVINGS RATES APY MIN
Savings
0.05% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.25% $100,000 Compare
30 Mo CD
0.45% $10,000 Compare
30 Mo CD
0.45% $100,000 Compare
48 Mo CD
0.50% $10,000 Compare
48 Mo CD
0.50% $100,000 Compare
60 Mo CD
0.60% $10,000 Compare
60 Mo CD
0.60% $100,000 Compare
MM RATES APY MIN
Money Market
0.05% $2,500 Compare
Money Market
0.10% $10,000 Compare
Money Market
0.15% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $1
Int Ckg
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10253
Date Established 1915
Assets $ 68.24 million
Loans $ 24.19 million
Deposits $ 62.23 million
Capital $ 5.92 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 13.30 million
Interest-bearing balances $ 12.00 million
Total securities $ 27.35 million
Federal funds sold and reverse repurchase $ 1.93 million
Net loans and leases $ 24.19 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 $ 1.07 million
     Total Assets $ 62.31 million

LIABILITIES
Total deposits $ 62.23 million
      Interest-bearing deposits $ 44.73 million
      Deposits held in domestic offices $ 62.23 million
      % insured (estimated) 77.42%
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 $ 62.31 million
      Shareholders’ Equity $ 5.92 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 1.61 million
Total Interest Expense $ 0.30 million
Net interest income $ 1.32 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.07 million
Total non interest expense $ 0.79 million
Pre-tax Net Operating Income $ 0.17 million

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Branches

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First Security Bank - West Locations