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BanksFirst Security Bank - Sleepy Eye

First Security Bank - Sleepy Eye

SLEEPY EYE, MNSmallEst. Jan 1, 1882FDIC #5252RSSD #861658FDIC
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Capital moved notably last quarter — CET1 ratio of 42.20% was up 453bps from the prior quarter. Asset quality shifted last quarter — NPLs rose to 3.63% from 1.88% in the prior period. First Security Bank - Sleepy Eye is a locally rooted FDIC-insured community bank based in Sleepy Eye, MN. On its most recent Q1 2026 call report, First Security Bank - Sleepy Eye reported $189M in total assets against $161M in deposits. Returns are notably above industry norms: 1.46% ROA, 9.89% ROE, and 3.22% NIM. Capital is comfortably above regulatory minimums — CET1 ratio of 42.20% sits well above the 7% well-capitalized threshold. Asset quality is impaired, with nonperforming loans at 3.63%. It operates 5 branches, primarily in Minnesota.

Headquarters Profile

Address
100 Main St E, SLEEPY EYE, MN 56085
County
Brown
Metro Area
NEW ULM, MN
Charter
Commercial bank, state charter, Fed non-member, FDIC-supervised
Primary Regulator
FDIC
Fed District
11
Established
January 1, 1882
Branches
5 domestic
Employees (FTE)
20
FDIC Cert
5252
Fed RSSD
861658
Assets
$189M
Deposits
$161M
Loans
$43M
Equity
$27M

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Watch flags

Automated conditions triggered on this bank's latest filing. Advisory only — see the source metric pages for full context.

NPL ratio at 3.63% — elevated credit deteriorationWhat does this mean? →

Non-performing loans (90+ days past due or non-accrual) exceed 3% of total loans — well above the typical community-bank range of 0.5–1.5%.

Quarterly trend — last 6 quarters

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

QuarterCET1ROANPLTexasNIM
2026-03-3142.20%1.46%3.63%10.00%3.22%
2025-12-3137.67%1.46%1.88%3.57%3.92%
2025-09-3034.51%1.44%1.70%3.78%3.67%
2025-06-3033.00%-0.82%0.00%0.20%3.49%
2025-03-3135.08%-1.88%0.01%0.01%4.14%
2024-12-3135.95%2.58%0.01%0.02%3.66%

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. Participated in Absorption/Consolidation/Merger
    FDIC
  2. Structure Change
    Charter Discontinued (Merger or Purchase & Assumption)
    FFIEC NIC
  3. Structure Change
    Charter Discontinued (Merger or Purchase & Assumption)
    FFIEC NIC
  4. Participated in Absorption/Consolidation/Merger
    FDIC
  5. Structure Change
    Failure, Government Assistance Provided
    FFIEC NIC
  6. Participated in Absorption/Consolidation/Merger
    FDIC
  7. Structure Change
    Failure, Government Assistance Provided
    FFIEC NIC
  8. Participated in Absorption/Consolidation/Merger
    FDIC

Sourced from unified bank events (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 8 events.

Frequently asked about First Security Bank - Sleepy Eye

What are First Security Bank - Sleepy Eye's total assets?

As of the Q1 2026 filing, First Security Bank - Sleepy Eye reported total assets of $189.1 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 - Sleepy Eye headquartered?

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

When was First Security Bank - Sleepy Eye founded?

First Security Bank - Sleepy Eye was established in 1882, per the FDIC institution directory.

Is First Security Bank - Sleepy Eye FDIC-insured?

Yes. First Security Bank - Sleepy Eye is an FDIC-insured commercial bank (FDIC Certificate #5252). 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 - Sleepy Eye?

First Security Bank - Sleepy Eye'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 - Sleepy Eye's CET1 capital ratio?

First Security Bank - Sleepy Eye reported a Common Equity Tier 1 (CET1) capital ratio of 42.20% in its most recent quarterly filing — comfortably above the 7% well-capitalized regulatory floor.

How many branches does First Security Bank - Sleepy Eye operate?

First Security Bank - Sleepy Eye operates 5 domestic branches, per the most recent FDIC Summary of Deposits filing.

What is First Security Bank - Sleepy Eye's Texas Ratio?

First Security Bank - Sleepy Eye's Texas Ratio is 10.00% — 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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