Security Bank Midwest
Headquartered in Tyndall, SD. Part of Midwest Bancshares, Inc. FDIC certificate #485 · Federal Reserve RSSD 435255.
Total assets
$322M
Deposits
$246M
Q1 2026
Active branches
6
Closings since Jan 2020
0
3 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$752K
Return on assets
0.93%
Return on equity
10.54%
Noncurrent loan rate
0.35%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Openings by year
22020
12024
Other network changes since 2020
- November 1, 2021: legal name changed from “Security State Bank” to “Security Bank Midwest”
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.sbmidwest.bank.