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Security State Bank of Hibbing

$100M-$1B Specialty: Commercial MN FDIC cert 10175

Hibbing, MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits -4.3% year over year ($129.9M on the books).
  • Delinquency rate 1.57%.
  • Return on assets 1.07%.
  • Efficiency ratio 68.19% vs a 64.48% peer average.
  • Loan-to-deposit ratio 75.20% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

Security State Bank of Hibbing has 1 strength but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Deposit Franchise: Top 42.1% in tier

Key Concerns

Areas that may need attention

  • - Flatlined Growth: Bottom 49.0% in tier
  • - ROA 0.25% below tier average
  • - Efficiency Ratio 3.71% above tier average
  • - Delinquency Rate 0.65% above tier average
Get updates when Security State Bank of Hibbing releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $151.9M
+1.0% YoY +4.0% QoQ
-$234.6M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
Bottom 14.6% in tier
Total Loans ? $97.7M
+8.5% YoY +7.7% QoQ
-$160.7M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
18%
Total Deposits ? $129.9M
-4.3% YoY +0.9% QoQ
-$196.8M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
15%
Return on Assets ? 1.07%
+84.9% YoY +5.6% QoQ
-0.25% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
39%
Net Interest Margin ? 4.56%
+12.6% YoY +2.6% QoQ
+0.57% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
82%
Efficiency Ratio ? 68.19%
-4.9% YoY -3.1% QoQ
+3.71% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
34%
Delinquency Rate ? 1.57%
-22.8% YoY -10.7% QoQ
+0.65% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
18%
Loan-to-Deposit Ratio ? 75.20%
+13.4% YoY +6.7% QoQ
-2.76% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
60%
Non-Interest-Bearing Deposit Share ? 41.93%
+9.4% YoY +1.3% QoQ
+19.90% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
Top 3.5% in tier
Nonperforming Asset Ratio ? 1.01%
-17.0% YoY -7.5% QoQ
+0.34% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
20%
Tier 1 Capital Ratio ? 15.58%
+0.4% YoY -5.6% QoQ
-0.33% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
70%
Non-Interest Income / Assets ? 0.28%
-8.5% YoY +92.4% QoQ
-0.29% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
69%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Noninterest-Bearing 41.9%
+3.6pp YoY
+0.6pp QoQ
 +19.8pp 22.1% 21.9% 22.2% 96%
Brokered Deposits 3.8%
-2.0pp YoY
 -4.0pp 7.9% 8.3% 8.5% 44%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 31.3%
-2.0pp YoY
0.0pp QoQ
 +19.7pp 11.6% 14.6% 12.5% 96%
CRE 33.5%
-1.6pp YoY
-0.7pp QoQ
 -6.1pp 39.5% 36.5% 41.4% 41%
1-4 Family 29.8%
+1.9pp YoY
0.0pp QoQ
 -2.9pp 32.6% 29.4% 31.3% 51%
Consumer 6.2%
+2.6pp YoY
+1.4pp QoQ
 +2.1pp 4.1% 4.5% 5.0% 83%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 15.6%
+0.1pp YoY
-0.9pp QoQ
 -3.2pp 18.8% 16.5% 19.7% 55%
Leverage Ratio 11.6%
+0.9pp YoY
+0.4pp QoQ
 -0.5pp 12.2% 11.0% 12.6% 60%
Total Capital Ratio 16.8%
-0.1pp YoY
-0.9pp QoQ
 -3.1pp 19.9% 17.6% 20.8% 56%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 24
-1 (-4.0%) YoY
0 QoQ
 -35 58 55 482 17%
Assets per Employee ($) $6.3M
+5.2% YoY
+4.0% QoQ
 -$1.2M $7.5M $8.6M $8.8M 39%
Branch Count 1
0 YoY
0 QoQ
 -4 4 4 18 0%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.4% 0.4% n/a
Nonaccrual 1.6%
-0.5pp YoY
-0.2pp QoQ
 +0.6pp 0.9% 1.0% 1.0% 83%
Allowance Coverage 1.01x
+21.5% YoY
+6.2% QoQ
 -23.14x 24.15x 20.41x 20.23x 27%
Net Charge-off Rate (YTD) 0.7%
+0.6pp YoY
-0.6pp QoQ
 +0.5pp 0.1% 0.2% 0.2% 96%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 11.6%
+4.4pp YoY
+0.6pp QoQ
 -0.6pp 12.2% 13.1% 11.6% 48%
Cost of Funds (YTD) 0.8%
-0.2pp YoY
0.0pp QoQ
 -0.9pp 1.7% 1.7% 1.7% 6%
Net Income ($, YTD) $804,000
+84.0% YoY
— QoQ
 -$1.8M $2.6M $4.5M $40.4M 20%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Deposit Franchise

growth
#118 of 278 • Top 42.1% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 41.93%
(Tier: 22.03%, National: 21.98%)
better than tier avg
Net Interest Margin: 4.56%
(Tier: 3.99%, National: 3.95%)
better than tier avg
278 of 278 Community banks match · 368 nationally
→ Stable -1 banks QoQ | QoQ rank improving

Concerns (1)

Flatlined Growth

risk
#260 of 529 • Bottom 49.0% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 1.07%
(Tier: 1.32%, National: 1.30%)
worse than tier avg
529 of 529 Community banks match · 719 nationally
→ Stable +34 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (2 metrics)

94
Non-Interest-Bearing Deposit Share
funding
Value: 41.93%
Peer Median: 22.03%
#94 of 2643 Top 3.5% in $100M-$1B
486
Net Interest Margin
profitability
Value: 4.56%
Peer Median: 3.99%
#486 of 2643 Top 18.4% in $100M-$1B

Top Weaknesses (5 metrics)

2258
Total Assets
size
Value: $151.94M
Peer Median: $386.57M
#2258 of 2643 Bottom 14.6% in $100M-$1B
2235
Total Deposits
size
Value: $129.91M
Peer Median: $326.73M
#2235 of 2643 Bottom 15.5% in $100M-$1B
2167
Delinquency Rate
credit_quality
Value: 1.57%
Peer Median: 0.92%
#2167 of 2633 Bottom 17.7% in $100M-$1B
2166
Total Loans
size
Value: $97.69M
Peer Median: $258.35M
#2166 of 2643 Bottom 18.1% in $100M-$1B
2110
Nonperforming Asset Ratio
credit_quality
Value: 1.01%
Peer Median: 0.67%
#2110 of 2643 Bottom 20.2% in $100M-$1B
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