For the quarter ending 2026-03-31, SBMW has $251,334,423 in assets. $228,495,889 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash on hand | 4,570,868 | 2,300,984 | 2,563,176 | 2,749,860 |
| Due from banks | 30,774,580 | 47,224,554 | 31,073,675 | 45,835,793 |
| Federal funds sold | 564,000 | 853,000 | 1,158,000 | 273,000 |
| Cash and cash equivalents | 35,909,448 | 50,378,538 | 34,794,851 | 48,858,653 |
| Held-to-maturity securities | - | - | 245,000 | 245,000 |
| Available-for-sale securities | 75,508,129 | 76,699,904 | 44,123,425 | 44,253,709 |
| Loans held for sale | 160,000 | - | 338,453 | - |
| Loans receivable | 129,134,855 | 118,850,710 | 115,036,974 | 112,840,528 |
| Allowance for credit losses | 1,121,001 | 1,034,193 | 1,151,154 | 1,149,087 |
| Loans, net | 128,013,854 | 117,816,517 | 113,885,820 | 111,691,441 |
| Federal home loan bank stock | 1,575,000 | 1,575,000 | 697,500 | 697,500 |
| Premises and equipment, gross | - | 9,593,731 | - | - |
| Less accumulated depreciation | - | 6,452,464 | - | - |
| Premises and equipment, net | 3,176,931 | 3,141,267 | 3,063,929 | 2,884,042 |
| Accrued interest receivable | 793,171 | 751,961 | 657,720 | 649,059 |
| Mortgage servicing rights, net | 324,044 | 326,764 | 329,636 | 327,178 |
| Deferred tax assets, net | 2,178,279 | 2,208,560 | 2,027,219 | 2,400,094 |
| Bank owned life insurance | 2,326,500 | 2,308,325 | 2,290,112 | 2,272,018 |
| Other assets | 1,369,067 | 1,312,424 | 1,415,085 | 2,093,596 |
| Total assets | 251,334,423 | 256,519,260 | 203,868,750 | 216,372,290 |
| Demand | 121,054,831 | 126,505,380 | 111,645,134 | 127,583,462 |
| Savings | 27,080,723 | 25,716,594 | 25,002,540 | 25,705,396 |
| Time | 43,961,238 | 44,283,509 | 43,103,207 | 42,190,482 |
| Total deposits | 192,096,792 | 196,505,483 | 179,750,881 | 195,479,340 |
| Advances from the federal home loan bank | 35,000,000 | 35,000,000 | - | - |
| Advances from borrowers for taxes and insurance | 652,184 | 399,702 | 214,089 | 406,881 |
| Accrued expenses and other liabilities | 746,913 | 1,998,190 | 654,600 | 370,122 |
| Stock subscription proceeds in escrow | - | - | - | 4,599,937 |
| Total liabilities | 228,495,889 | 233,903,375 | 180,619,570 | 200,856,280 |
| Common stock, 0.01 par value, 10,000,000 shares authorized, 889,781 shares issued | 8,898 | 8,898 | 8,898 | - |
| Additional paid-in capital | 7,351,292 | 7,346,633 | 7,341,182 | - |
| Unallocated common stock of esop | 583,917 | 591,707 | 610,393 | - |
| Retained earnings | 19,389,200 | 18,971,057 | 19,704,475 | 19,423,418 |
| Accumulated other comprehensive loss | -3,326,939 | -3,118,996 | -3,194,982 | -3,907,408 |
| Total shareholders' equity | 22,838,534 | 22,615,885 | 23,249,180 | 15,516,010 |
| Total liabilities and shareholders' equity | 251,334,423 | 256,519,260 | 203,868,750 | 216,372,290 |
Security Midwest Bancorp, Inc. (SBMW)
Security Midwest Bancorp, Inc. (SBMW)