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Security Bank Midwest

$100M-$1B Specialty: Agricultural SD FDIC cert 485

Tyndall, SD

6 branches across SD · 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 24 in SD.
  • Deposits -5.9% year over year ($238.8M on the books).
  • Delinquency rate 0.40%.
  • Return on assets 0.73%.
  • Efficiency ratio 76.35% vs a 64.48% peer average.
  • Loan-to-deposit ratio 89.11% 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 24 in SD
View $100M-$1B leaderboard (SD) →

Security Bank Midwest has 1 strength but faces 6 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

  • + Delinquency Rate 0.52% below tier average

Key Concerns

Areas that may need attention

  • - Capital Constraint: Bottom 2.8% in tier
  • - Capital Thin: Bottom 3.3% in tier
  • - Credit Quality Pressure: Bottom 49.0% in tier
  • - ROA 0.59% below tier average
  • - Net Interest Margin 0.44% below tier average
  • - Efficiency Ratio 11.87% above tier average
Get updates when Security Bank Midwest releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Total Assets ? $304.1M
-7.2% YoY -5.5% QoQ
-$82.5M $386.6M
+1.2% YoY
$70.4B
+8.4% YoY
$6.3B
+7.7% YoY
47%
Total Loans ? $212.8M
-1.5% YoY +0.9% QoQ
-$45.5M $258.3M
+1.7% YoY
$31.5B
+10.3% YoY
$3.2B
+9.4% YoY
51%
Total Deposits ? $238.8M
-5.9% YoY -3.0% QoQ
-$87.9M $326.7M
+0.7% YoY
$56.5B
+10.5% YoY
$4.9B
+7.3% YoY
43%
Return on Assets ? 0.73%
-5.0% YoY -20.7% QoQ
-0.59% 1.32%
+10.8% YoY
1.40%
+6.8% YoY
1.30%
+12.1% YoY
20%
Net Interest Margin ? 3.55%
+10.2% YoY +0.8% QoQ
-0.44% 3.99%
+5.0% YoY
4.26%
+1.1% YoY
3.95%
+4.9% YoY
30%
Efficiency Ratio ? 76.35%
+2.6% YoY +7.1% QoQ
+11.87% 64.48%
-3.2% YoY
60.99%
-4.4% YoY
70.05%
+2.5% YoY
18%
Delinquency Rate ? 0.40%
+11.9% QoQ
-0.52% 0.92%
+15.7% YoY
0.78%
+47.6% YoY
0.98%
+16.3% YoY
51%
Loan-to-Deposit Ratio ? 89.11%
+4.7% YoY +4.0% QoQ
+11.16% 77.95%
+1.0% YoY
73.26%
-0.6% YoY
79.03%
+2.3% YoY
28%
Non-Interest-Bearing Deposit Share ? 21.01%
+15.7% YoY +4.4% QoQ
-1.02% 22.03%
-0.6% YoY
23.46%
+3.2% YoY
21.98%
-0.6% YoY
50%
Nonperforming Asset Ratio ? 0.28%
+19.5% QoQ
-0.39% 0.67%
+16.4% YoY
0.54%
+39.8% YoY
0.69%
+15.8% YoY
53%
Tier 1 Capital Ratio ? 10.52%
+11.4% YoY +2.5% QoQ
-5.39% 15.91%
+1.4% YoY
15.80%
+1.0% YoY
17.09%
+0.8% YoY
17%
Non-Interest Income / Assets ? 0.08%
-7.1% YoY +96.8% QoQ
-0.49% 0.57%
+7.6% YoY
0.54%
-0.1% YoY
0.66%
+5.2% YoY
Bottom 12.4% in tier

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 (SD) National Avg Tier Percentile
Noninterest-Bearing 21.0%
+2.9pp YoY
+0.9pp QoQ
 -1.1pp 22.1% 23.5% 22.2% 50%
Brokered Deposits 6.9%
-8.5pp YoY
-4.0pp QoQ
 -1.0pp 7.9% 8.7% 8.5% 63%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
C&I 7.4%
-1.8pp YoY
+0.2pp QoQ
 -4.2pp 11.6% 14.1% 12.5% 35%
CRE 7.6% -31.9pp 39.5% 31.5% 41.4% 3%
1-4 Family 4.0%
+0.1pp YoY
-0.1pp QoQ
 -28.7pp 32.6% 14.9% 31.3% 4%
Consumer 0.5%
-0.3pp YoY
0.0pp QoQ
 -3.6pp 4.1% 8.5% 5.0% 16%

Capital

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 17.6% 19.7% n/a
Leverage Ratio 10.5%
+1.1pp YoY
+0.3pp QoQ
 -1.6pp 12.2% 11.9% 12.6% 42%
Total Capital Ratio n/a n/a 19.9% 18.8% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Full-Time Employees 32
0 YoY
-1 (-3.0%) QoQ
 -27 58 6,279 482 30%
Assets per Employee ($) $9.5M
-7.2% YoY
-2.6% QoQ
 +$2.0M $7.5M $8.1M $8.8M 83%
Branch Count 6
0 YoY
0 QoQ
 +1 4 92 18 66%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.2% 0.4% n/a
Nonaccrual 0.4% -0.5pp 0.9% 1.0% 1.0% 47%
Allowance Coverage 3.45x
-11.4% QoQ
 -20.71x 24.15x 96.54x 20.23x 62%
Net Charge-off Rate (YTD) n/a n/a 0.1% 0.7% 0.2% n/a

Profitability

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
ROE 8.2%
-1.7pp YoY
-2.4pp QoQ
 -4.0pp 12.2% 12.4% 11.6% 26%
Cost of Funds (YTD) 2.1%
-0.5pp YoY
-0.1pp QoQ
 +0.3pp 1.7% 1.7% 1.7% 74%
Net Income ($, YTD) $1.2M
-10.3% YoY
— QoQ
 -$1.4M $2.6M $418.8M $40.4M 32%

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 (0)

No matched strength signatures this quarter

Concerns (3)

Capital Constraint

risk
#4 of 107 • Bottom 2.8% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting regulatory limits.

Why this signature
Loan-to-Deposit Ratio: 89.11%
(Tier: 77.95%, National: 79.03%)
worse than tier avg
Tier 1 Capital Ratio: 10.52%
(Tier: 15.91%, National: 17.09%)
worse than tier avg
107 of 107 Community banks match · 143 nationally
→ Stable -5 banks QoQ | QoQ rank declining

Capital Thin

risk
#23 of 661 • Bottom 3.3% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature
Tier 1 Capital Ratio: 10.52%
(Tier: 15.91%, National: 17.09%)
worse than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank declining

Credit Quality Pressure

risk
#617 of 1256 • Bottom 49.0% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.40%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 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 (0 metrics)

No strength rankings available

Top Weaknesses (4 metrics)

2317
Non-Interest Income / Assets
revenue_mix
Value: 0.08%
Peer Median: 0.57%
#2317 of 2643 Bottom 12.4% in $100M-$1B
2194
Tier 1 Capital Ratio
capital
Value: 10.52%
Peer Median: 15.91%
#2194 of 2643 Bottom 17.0% in $100M-$1B
2162
Efficiency Ratio
profitability
Value: 76.35%
Peer Median: 64.48%
#2162 of 2643 Bottom 18.2% in $100M-$1B
2109
Return on Assets
profitability
Value: 0.73%
Peer Median: 1.32%
#2109 of 2643 Bottom 20.2% in $100M-$1B
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