Security First Bank of North Dakota, Financial Information

About Security First Bank of North Dakota

 Address:
700 Ash Avenue
New Salem, ND
Morton County, North Dakota
 Established:
Jan 1925
 Number of domestic offices:
5
Agriculture bank
Total assets$210M
Net income$4M
Net income, quarterly$1M
Total deposits$179M
Domestic deposits$179M
Equity capital$28M
ROA1.84%
ROAQ, quarterly2.48%
ROA, pretax2.48%
ROAQ, quarterly, pretax2.48%
ROE13.22%
ROEQ, quarterly18.43%
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.

Security First Bank of North Dakota is a locally operated, family owned, full-service, community bank. The bank currently have four main banking offices, which are located in Center, New Salem, Mandan and Bismarck. Security First Bank of North Dakota also have a part time office in Almont. Security First Bank of North Dakota was founded by local, Morton County folks in New Salem as a hometown community bank during the 1920's. The bank, which was then named First State Bank, opened for business in New Salem on January 7, 1925.

To provide its customers with more convenient access to banking services, Security First Bank of North Dakota made two significant changes in 2000. First, on April 1, 2000, the bank merged the Center and New Salem banks. Then, in June of 2000, Security First Bank of North Dakota opened its new office in Mandan for business. In November of 2004, the bank opened a new office in Bismarck for business.

Security First Bank of North Dakota offers Personal Checking, Personal Savings, Certificates of Deposit, Retirement Accounts, Personal Deposit Rates, Reorder Checks, Personal Loans, Ready Reserve, Visa Credit Cards, Business Checking, Business Savings, Business Certificates of Deposit, Credit Cards, Business Deposit Rates, Cash Management, Remote Deposit Capture, CDARs Deposit Network, Ag Lending, Commercial Lending, Commercial & Ag Leasing.

Bismarck/Mortgage Location
3000 N 14th Street
P.O. Box 4250
Bismarck, ND 58502
Phone: (701) 222-4444
Mortgage: (701) 221-1165
Fax: (701) 221-2133

Center Location
100 West Main
P.O. Box 36
Center, ND 58530
Phone: (701) 794-8758
Fax: (701) 794-8751

Mandan Location
614 West Main
P.O. Box 1150
Mandan, ND 58554
Phone: (701) 667-7000
Fax: (701) 663-1711

New Salem Location
700 Ash Avenue
P.O. Box 397
New Salem, ND 58563
Phone: (701) 843-7521
Fax: (701) 843-8600