First Security Bank - Canby

Chartered Bank Active FDIC Insured
Health Score
10.0 / 10

102 Saint Olaf Ave N, Canby, MN 56220

Financial Overview

Total Assets $86.0M
Total Deposits $73.9M
Profitability (ROA) 2.04%
Shareholder Return (ROE) 14.99%
Capital Cushion (Eq/Assets) 13.72%
Established 06/10/1890

Financial Health Analysis

First Security Bank - Canby is a currently active agricultural specialization banking institution headquartered in Canby, Minnesota. Established in 06/10/1890, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, First Security Bank - Canby manages $86.0M in total assets and holds $73.9M in customer deposits. When evaluating the stability of First Security Bank - Canby, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 13.72%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 2.04%, while its Return on Equity (ROE) sits at 14.99%. These robust metrics contribute to an overall health score of 10.0 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$36.9M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: www.firstsecuritybanks.com

FDIC Certificate #: 5107

Specialization: Agricultural Specialization

Location

102 Saint Olaf Ave N

Canby, Minnesota 56220

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