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BanksFirst Security Bank-Hendricks

First Security Bank-Hendricks

Hendricks, MNMicroEst. Aug 30, 1940FDIC #15767RSSD #949453FDIC
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First Security Bank-Hendricks completed a merger involving an acquired institution in July 2025. First Security Bank-Hendricks is an FDIC-insured commercial bank, in the years following the FDIC's creation. First Security Bank-Hendricks's Q2 2025 balance sheet shows $40M in assets funded primarily by $36M in customer deposits. Returns are notably above industry norms: 1.65% ROA, 15.00% ROE, and 3.47% NIM. Capital is comfortably above regulatory minimums — CET1 ratio of 29.99% sits well above the 7% well-capitalized threshold. Asset quality is pristine — 0.00% NPLs and a 0.00% Texas Ratio. The bank operates from a single office.

Headquarters Profile

Address
113 S Main St, Hendricks, MN 56136
County
Lincoln
Charter
Commercial bank, state charter, Fed non-member, FDIC-supervised
Primary Regulator
FDIC
Fed District
11
Established
August 30, 1940
Branches
1 domestic
Employees (FTE)
6
FDIC Cert
15767
Fed RSSD
949453
Assets
$40M
Deposits
$36M
Loans
$15M
Equity
$5M

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First Security Bank-Hendricks rankings

How this bank ranks against the full population of US commercial banks in each leaderboard. Click any rank to see the full ranked list.

Quarterly trend — last 3 quarters

Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.

QuarterCET1ROANPLTexasNIM
2025-06-3029.99%1.65%0.00%0.00%3.47%
2025-03-3129.79%2.93%0.00%0.00%3.22%
2024-12-3129.97%1.40%0.00%0.00%3.23%

Branch Network

Every branch from the FDIC Summary of Deposits — mapped, and listed with the deposits booked at each location.

BranchLocationZIPDeposits
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Events & Regulatory History

Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.

  1. Structure Change
    Charter Discontinued (Merger or Purchase & Assumption)
    FFIEC NIC
  2. Merger -Without Assistance
    FDIC

Sourced from unified bank events (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.

Frequently asked about First Security Bank-Hendricks

What are First Security Bank-Hendricks's total assets?

As of the Q1 2026 filing, First Security Bank-Hendricks reported total assets of $40.3 million in its most recent FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.

Where is First Security Bank-Hendricks headquartered?

First Security Bank-Hendricks is headquartered in Hendricks, MN, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.

When was First Security Bank-Hendricks founded?

First Security Bank-Hendricks was established in 1940, per the FDIC institution directory.

Is First Security Bank-Hendricks FDIC-insured?

Yes. First Security Bank-Hendricks is an FDIC-insured commercial bank (FDIC Certificate #15767). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.

Who regulates First Security Bank-Hendricks?

First Security Bank-Hendricks's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.

What is First Security Bank-Hendricks's CET1 capital ratio?

First Security Bank-Hendricks reported a Common Equity Tier 1 (CET1) capital ratio of 29.99% in its most recent quarterly filing — comfortably above the 7% well-capitalized regulatory floor.

How many branches does First Security Bank-Hendricks operate?

First Security Bank-Hendricks operates 1 domestic branch, per the most recent FDIC Summary of Deposits filing.

What is First Security Bank-Hendricks's Texas Ratio?

First Security Bank-Hendricks's Texas Ratio is 0.00% — within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; see our /glossary/texas-ratio/ page for the full definition.

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