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First Security Bank - Canby, Financial Information

About First Security Bank - Canby

 Address:
102 St. Olaf Avenue North
Canby, MN
Yellow Medicine County, Minnesota
 Established:
Jun 1890
 Number of domestic offices:
2
Agriculture bank
Total assets$74M
Net income$1M
Net income, quarterly$0M
Total deposits$63M
Domestic deposits$63M
Equity capital$11M
ROA1.69%
ROAQ, quarterly0.92%
ROA, pretax0.92%
ROAQ, quarterly, pretax0.92%
ROE11.14%
ROEQ, quarterly6.07%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First Security Bank in Canby, Minnesota is a full-service bank, offering consumer and commercial products specializing in Ag banking and small business lending. The product lines include savings accounts, checking accounts, multiple loan programs, e-statements, internet banking, bill pay and more.

With fourteen locations, First Security Bank offers the size, stability, lending capabilities and understanding you rely on for your personal and business needs.

Each year, First Security Bank awards scholarships to worthy students whose families maintain a primary banking relationship with First Security Bank. In 1993, Mr. Lloyd Amundson, owner of First Security Bank since 1973, began the L.A. Amundson Scholarship fund with a 5 million dollar endowment. To date, Lloyd and his wife Barbara have donated $3 million to students. More recently, the Amundsons established additional endowments to support other community functions.

Historical Data