Security Midwest Bancorp, Inc.
Close on Oct 19, 2026
- Market cap
- $14.97M
- P/E (TTM)
- 41.9
- Dividend yield
- –
About Security Midwest Bancorp
Savings Institutions, Not Federally Chartered, SIC 6036
Security Midwest Bancorp, Inc. is a bank holding company that conducts operations through its subsidiary, Security Bank, a stock savings bank. The company attracts retail deposits from the general public as well as cannabis-related business clients, offering deposit products such as demand deposit, savings, money market, and certificate of deposit accounts, along with cash-management services. It primarily allocates these funds into one- to four-family residential real estate loans, commercial real estate loans, and commercial and industrial loans. The institution also invests in debt securities, including mortgage-backed securities, collateralized mortgage obligations, municipal bonds, and U.S. government and agency obligations.
The company operates three banking offices situated in Springfield, Illinois. While its primary lending activities and general deposit gathering center in Sangamon County, Illinois, its cannabis-related deposit services extend to customers operating licensed businesses across Illinois, Michigan, Ohio, and Kentucky, with authorization to conduct depository activities in Missouri. The company maintains its principal executive offices in Springfield, Illinois.
Summary of the business section of Security Midwest Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Security Midwest Bancorp, Inc.
- Founded
- 2024
- Headquarters
- Sprinfield, IL
- Address
- 510 E. Monroe 62701
- Phone
- (217) 789-3500
- Website
- securitybk.com
- Employees
- 50, Dec 31, 2025
- Industry
- Savings Institutions, Not Federally Chartered
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Wipfli LLP, Eau Claire, Wisconsin
Stock & identifiers
- Ticker
- SBMW
- Exchange
- OTC
- IPO date
- Aug 1, 2025
- Shares outstanding
- 1M, Aug 14, 2026
- Public float
- $8.40M, Aug 1, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 2036060
- CUSIP
- 813927100
- ISIN
- US8139271006
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Stephan P. Antonacci | President & CEO, Director | 30,000 |
| Brenda K. Minder | EVP & Chief Financial Officer | 22,000 |
| Darren W. Jones | EVP and CLO | 10,000 |
| Jacob Wear | SVP and CRO | 5,000 |
| Marcus E. Johnson | Director | 500 |
| Frank J. Kopecky IV | Director | 5,000 |
| Kenton Day | Director | 15,000 |
| William R. Marriott II | Director | 7,500 |
| Erin M. Stone | Director | 30,000 |
| James P. McClernon | Director | 5,000 |
| Stephen D. Myers | Director | 16,000 |
| James R. Hillestad | Director | 5,000 |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 1, 2026 | Late filing | Notification of late filing |