Security Bank & Trust Company
Glencoe, MN · Owner: Flagship Financial Group Inc
$1.3B
total assets, June 30, 2026
$1.3B
total assets, June 30, 2026
Security Bank & Trust Company is a state nonmember bank based in Glencoe, MN, owned by Flagship Financial Group Inc. As of June 30, 2026 it held $1.3 billion in assets and $1.2 billion in deposits; assets were up 9.4% from a year before. It has 26 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.3B
+9.4% in a year · +2.9% in a quarter
Deposits
$1.2B
+9.6% in a year · +3.1% in a quarter
Loans
$865M
+5.1% in a year · +1.9% in a quarter
Profit so far
$12.7M
Jan 1 to Jun 30, 2026 · +48.2% in a year
Capital ratio
9.37%
+0.35 pts in a year
Return on assets
1.96%
+0.53 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 735 11th St E, Glencoe, MN, 55336
- County
- Mcleod
- Holding company
- Flagship Financial Group Inc
- Established
- Oct 12, 1935
- Employees
- 154
- Branches
- 26
- Website
- www.security-banks.com
- Id
- b15324
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
26 offices as of June 30, 2026, holding $1.2 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 26 | $1.2B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Security Bank & Trust Company (main office) | Glencoe, MN | $239M |
| Corporate Office | Glencoe, MN | $150M |
| Security Bank Waconia Branch | Waconia, MN | $107M |
| Wayzata Branch | Wayzata, MN | $92.8M |
| Chaska Branch | Chaska, MN | $88.0M |
| Winsted Branch | Winsted, MN | $84.7M |
| Isanti Branch | Isanti, MN | $72.5M |
| Eden Prairie Branch | Eden Prairie, MN | $62.7M |
| Cambridge State Bank Branch | Cambridge, MN | $57.6M |
| Minnetonka Branch | Wayzata, MN | $40.1M |
Related pages
Questions and answers
How big is Security Bank & Trust Company?
$1.3 billion in total assets and $1.2 billion in deposits as of June 30, 2026, with assets up 9.4% from a year before. Its loans were $865.1 million.
How many branches does Security Bank & Trust Company have?
26 branches in Minnesota as of June 30, 2026.
Is Security Bank & Trust Company profitable?
Yes: it earned $12.7 million from January 1 to June 30, 2026 (up 48.2% from the same months a year before). Its return on assets was 1.96% a year; about 1% is typical.
Who owns Security Bank & Trust Company?
Security Bank & Trust Company is owned by Flagship Financial Group Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.