Security State Bank of Oklee
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Data as of · sourced from FFIEC call reports. How we update
Security State Bank of Oklee is an FDIC-insured commercial bank headquartered in Oklee, MN, established in 1934 (FDIC certificate 10982), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $48.8M, up 5.0% from Q2 2025, the 203rd largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 41.66% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 10982
- Headquarters
- Oklee, MN
- Established
- 1934
- Total assets, Q2 2026
- $48.8M
- Assets vs Q2 2025
- +5.0%
- CET1 ratio, Q2 2026
- 41.66%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 091211471
- Latest call report
- Q2 2026, FFIEC 051 · Security State Bank of Oklee call report
- Asset rank in state
- 203rd of 221 in Minnesota
Security State Bank of Oklee, based in Oklee, Minnesota, reported $49 million in assets at June 30, 2026, up 5.0% from a year earlier. It carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 1.4%). It also spends about 52 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 69 cents).
Net income for the quarter rose 23% from a year earlier, to $176,000. Its margin is thin by comparison: it keeps 3.17 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.87 cents).
As of June 30, 2026, Security State Bank of Oklee reported a CET1 capital ratio of 41.66%, a return on assets of 1.46%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Security State Bank of Oklee is the 203rd largest of the 221 banks headquartered in Minnesota. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.5% to $48.8M, loans rose 5.1% and deposits rose 2.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 33.0% of total loans, ahead of farmland and other real estate loans at 25.4%. Its one office in the FDIC Summary of Deposits is in Oklee, MN. On its Q2 2026 call report, Security State Bank of Oklee meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 201 Main St, Oklee, MN 56742
- County
- Red Lake
- 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
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1934
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 8
- Domestic deposits
- $40.9M
- Allowance for credit losses
- $361K
- Net charge-offs (YTD)
- $0
- Average total assets
- $48.1M
- Average total loans
- $20.0M
- Average interest-bearing deposits
- $33.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 10982
- Fed RSSD
- 814355
- Website
- www.ssboklee.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Security State Bank of Oklee's total assets ranged from $41.1M (Q4 2023) to $48.8M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$48.8M total assets against $46.5M; $41.2M total liabilities against $39.0M.
$20.4M net loans and leases against $19.1M; $40.9M total deposits against $38.8M.
$17.2M securities against $19.4M; $10.7M cash and balances due against $7.5M.
$574K total interest income against $564K; $204K total interest expense against $225K.
$370K net interest income against $339K.
$93K total noninterest income against $72K; $241K total noninterest expense against $214K.
$12K provision for credit losses against $6K.
$176K net income against $143K.
1.46% return on assets against 1.23%; 3.17% net interest margin against 2.97%.
41.66% CET1 capital ratio against 42.26%; 15.84% tier 1 leverage ratio against 15.65%.
Inside the full Security State Bank of Oklee terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.23% (Q2 2025) to 2.47% (Q3 2024) and its net interest margin ran from 2.87% (Q3 2025) to 3.67% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 41.66% | 1.46% | 0.00% | 0.00% | 3.17% |
| Q1 2026 | 41.82% | 1.96% | 0.00% | 0.00% | 3.17% |
| Q4 2025 | 38.67% | 1.83% | 0.00% | 0.00% | 3.04% |
| Q3 2025 | 39.92% | 1.49% | 0.00% | 0.28% | 2.87% |
| Q2 2025 | 42.26% | 1.23% | 0.01% | 0.30% | 2.97% |
| Q1 2025 | 43.15% | 1.67% | 0.00% | 0.29% | 3.01% |
| Q4 2024 | 44.47% | 2.20% | 0.06% | 0.44% | 3.34% |
| Q3 2024 | 43.20% | 2.47% | 0.00% | 0.29% | 3.67% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| Security State Bank of Oklee (main office) | Oklee , MN | 56742 | $40.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 252 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $102K approved, $51K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2008 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 State Bank of Oklee
What are Security State Bank of Oklee's total assets?
As of the Q2 2026 filing, Security State Bank of Oklee reported total assets of $48.8 million in its FFIEC call report.
Where is Security State Bank of Oklee headquartered?
It is headquartered in Oklee, MN, United States.
When was Security State Bank of Oklee founded?
It was established in 1934, per the FDIC institution directory.
Is Security State Bank of Oklee FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10982). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Security State Bank of Oklee?
Security State Bank of Oklee's primary federal regulator is the FDIC.
What is Security State Bank of Oklee's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 41.66% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Security State Bank of Oklee operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Security State Bank of Oklee's Texas Ratio?
Its Texas Ratio is 0.00% 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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