First Security Bank - Canby
102 Saint Olaf Ave N, Canby, MN 56220
Financial Overview
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