Company research
Security Midwest Bancorp, Inc.
CIK 2036060Updated Sep 27, 2026
SecuritySBMW · OTC · equity
SBMW price & chart
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OTC:SBMW on TradingView ↗About the company
Security Bank is a mutual savings bank organized under the laws of the State of Illinois and is subject to comprehensive regulation and examination by the Federal Deposit Insurance Corporation (the “FDIC”) and the Illinois Division of Banking. We are a community-oriented bank offering a variety of financial products and services to meet the needs of our customers.
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SEC disclosures
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 256,519,260Source | 214,541,091Source |
| Property, Plant and Equipment, NetUSD | 3,141,267Source | 2,909,534Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 233,903,375Source | 200,589,607Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 8,898Source | — |
| Retained Earnings (Accumulated Deficit)USD | 18,971,057Source | 18,672,325Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -3,118,996Source | -4,720,841Source |
| Stockholders' Equity Attributable to ParentUSD | 22,615,885Source | 13,951,484Source |
| Additional Paid in Capital, Common StockUSD | 7,346,633Source | — |
| Liabilities and EquityUSD | 256,519,260Source | 214,541,091Source |
| Additional Financial Items | ||
| Deferred Tax Liabilities, NetUSD | 166,121Source | 113,728Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 298,732Source | 682,983Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Deferred Income Tax Expense (Benefit)USD | 118,574Source | 245,434Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,616,216Source | 1,242,325Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -34,679,281Source | -2,269,593Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 466,449Source | 86,135Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 38,901,299Source | 10,757,424Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 50,378,538Source | 43,540,304Source |
| Additional Financial Items | ||
| Bank Owned Life Insurance IncomeUSD | 71,110Source | 67,742Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -419,000Source | — |
| DepreciationUSD | 234,716Source | 215,230Source |
| Gain (Loss) on Sales of Loans, NetUSD | 141,755Source | 82,969Source |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS)USD | -419,278Source | — |
| Income Tax Expense (Benefit)USD | 118,574Source | 251,351Source |
| Net Income (Loss) Attributable to ParentUSD | 298,732Source | 682,983Source |
| Proceeds from Issuance of Common StockUSD | 8,897,810Source | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 1,395,000Source | 315,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 41,389Source | 39,134Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 5,052Source | 31,684Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 417,306Source | 934,334Source |
| Income Tax Expense (Benefit)USD | 118,574Source | 251,351Source |
| Net Income (Loss) Attributable to ParentUSD | 298,732Source | 682,983Source |
| Earnings Per Share, BasicUSD per share | 0.36Source | — |
| Earnings Per Share, DilutedUSD per share | 0.36Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 828,871Source | — |
| Additional Financial Items | ||
| Bank Owned Life Insurance IncomeUSD | 71,110Source | 67,742Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 5,917Source |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS)USD | -419,278Source | — |
| InterestExpenseOperatingUSD | 2,399,762Source | 2,874,684Source |
| Interest Income (Expense), NetUSD | 7,932,963Source | 7,177,152Source |
| Labor and Related ExpenseUSD | 5,723,090Source | 4,208,551Source |