Security First Bank of North Dakota
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Data as of · sourced from FFIEC call reports. How we update
Security First Bank of North Dakota is an FDIC-insured commercial bank headquartered in New Salem, ND, established in 1925 (FDIC certificate 11519), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $293.2M, up 5.5% from Q2 2025, the 30th largest of 60 banks headquartered in North Dakota. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.99% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 11519
- Headquarters
- New Salem, ND
- Established
- 1925
- Total assets, Q2 2026
- $293.2M
- Assets vs Q2 2025
- +5.5%
- Tier 1 leverage ratio, Q2 2026
- 12.99%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 091310673
- Latest call report
- Q2 2026, FFIEC 051 · Security First Bank of North Dakota call report
- Holding company
- OLIVER BANCORPORATION, INC.
- Asset rank in state
- 30th of 60 in North Dakota
Security First Bank of North Dakota earns an unusually wide margin on its lending. Based in New Salem, North Dakota, it had $293 million in assets at June 30, 2026, up 5.5% from a year earlier. It keeps 4.70 cents of net interest income on every dollar of earning assets, higher than about three-quarters of the 2,627 banks with $100 million to $1 billion in assets (median 3.96 cents). It also earns about $1.92 a year on every $100 of assets, higher than about three-quarters of banks its size (median $1.28).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.00% of loans from 1.94%. Loans and deposits moved in opposite directions: over the year loans fell 0.1% and deposits rose 4.9%.
As of June 30, 2026, Security First Bank of North Dakota reported a return on assets of 1.92%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 5.32%. The figures come from its call report filed with the FFIEC.
Of the 60 banks headquartered in North Dakota, Security First Bank of North Dakota is the 30th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 1.2% to $293.2M, loans rose 4.2% and deposits fell 1.9%. Its loan book on June 30, 2026 was led by agricultural production loans, at 18.8% of total loans, followed by owner-occupied commercial real estate loans at 14.2%. Its 5 offices in the FDIC Summary of Deposits are in 5 cities in ND; its Mandan office books 28% of its branch deposits. On its Q2 2026 call report, Security First Bank of North Dakota meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 700 Ash Ave, New Salem, ND 58563
- County
- Morton
- Metro Area
- Bismarck, ND
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1925
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 38
- Domestic deposits
- $246.8M
- Allowance for credit losses
- $3.3M
- Net charge-offs (YTD)
- $0
- Average total assets
- $294.6M
- Average total loans
- $227.5M
- Average interest-bearing deposits
- $198.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11519
- Fed RSSD
- 693952
- Website
- www.securityfirstbank.bank →
- Parent Holding Company
- OLIVER BANCORPORATION, INC. (RSSD 1127409)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Security First Bank of North Dakota reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Security First Bank of North Dakota's total assets ranged from $254.8M (Q3 2023) to $296.6M (Q1 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$293.2M total assets against $277.8M; $255.4M total liabilities against $244.4M.
$228.7M net loans and leases against $227.4M; $246.8M total deposits against $235.3M.
$24.9M securities against $23.1M; $25.5M cash and balances due against $15.8M.
$4.2M total interest income against $4.2M; $838K total interest expense against $912K.
$3.3M net interest income against $3.2M.
$265K total noninterest income against $288K; $2.2M total noninterest expense against $2.0M.
$0 provision for credit losses against $0.
$1.4M net income against $1.5M.
1.92% return on assets against 2.16%; 4.70% net interest margin against 4.85%.
12.99% tier 1 leverage ratio against 12.28%.
Inside the full Security First Bank of North Dakota terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeSecurity First Bank of North Dakota rankings
Its closest position to the top of a national ranking is 577 of 3,611, for ROA; its furthest is 2,498 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.23% (Q3 2024) to 2.16% (Q2 2025) and its net interest margin ran from 4.42% (Q1 2025) to 4.92% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.99% | 1.92% | 0.00% | 5.32% | 4.70% |
| Q1 2026 | 12.99% | 1.82% | 1.00% | 5.57% | 4.62% |
| Q4 2025 | 12.89% | 2.05% | 0.99% | 6.02% | 4.83% |
| Q3 2025 | 12.59% | 1.66% | 1.78% | 10.88% | 4.92% |
| Q2 2025 | 12.28% | 2.16% | 1.94% | 11.77% | 4.85% |
| Q1 2025 | 12.23% | 1.64% | 1.99% | 12.10% | 4.42% |
| Q4 2024 | 12.01% | 1.81% | 1.94% | 12.53% | 4.54% |
| Q3 2024 | 12.40% | 1.23% | 0.00% | 0.00% | 4.50% |
Swipe the table sideways to see every column.
Branch Network
View all 5 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Mandan Branch | Mandan , ND | 58554 | $67.9M |
| Security First Bank of North Dakota - Bismarck Branch | Bismarck , ND | 58503 | $66.6M |
| Security First Bank of North Dakota (main office) | New Salem , ND | 58563 | $64.8M |
| Center Branch | Center , ND | 58530 | $47.5M |
| Paying and Receiving Station Branch | Almont , ND | 58520 | $0 |
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.
| Date | Category | Event | Source |
|---|---|---|---|
| April 1, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2000 | Structure Change | Acquired Security First Bank of Oliver County Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.6% of deposits in ND, rank 32 of 70 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 60 applications, 56 loans originated, $35.5M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $46K approved, $46K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Security First Bank of North Dakota
What are Security First Bank of North Dakota's total assets?
As of the Q2 2026 filing, Security First Bank of North Dakota reported total assets of $293.2 million in its FFIEC call report.
Where is Security First Bank of North Dakota headquartered?
It is headquartered in New Salem, ND, United States.
When was Security First Bank of North Dakota founded?
It was established in 1925, per the FDIC institution directory.
Is Security First Bank of North Dakota FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11519). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Security First Bank of North Dakota?
Security First Bank of North Dakota's primary federal regulator is the FDIC.
How many branches does Security First Bank of North Dakota operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Security First Bank of North Dakota's Texas Ratio?
Its Texas Ratio is 5.32% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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