Visbanking Logo

Security Savings Bank

Gowrie, IA
IDRSSD: 616540
Total Assets
$183.76M
Latest filing
Total Deposits
$151.23M
Latest filing
Net Interest Margin
4.55%
Profitability
0

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Similar banks

Farmers Trust & Savings Bank
Williamsburg, Iowa
→
Assets: $190.67MΔ -0.3%
Peoples Savings Bank
Wellsburg, Iowa
→
Assets: $190.18MΔ -0.5%
State Savings Bank
Bedford, Iowa
→
Assets: $190.03MΔ -0.6%
Iowa Falls State Bank
Iowa Falls, Iowa
→
Assets: $192.62MΔ +0.7%
Chelsea Savings Bank
Belle Plaine, Iowa
→
Assets: $192.83MΔ +0.8%
Citizens State Bank
Sheldon, Iowa
→
Assets: $188.43MΔ -1.5%

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date04/18/1914
Community BankYes
Ownership TypeNot Mutual
ZIP50543
State and County Number19187
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameFort Dodge, IA

Operational Info

Number of Employees36
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/06/1934
Primary Insurance AgencyDIF
Websitewww.securitysavingsbank.com
Data Updated11/14/2025
CERT14208
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$183.76M
Total Deposits$151.23M
Total Liabilities$156.79M
Total Equity Capital$26.97M
Net Income$879.00k
Net Loans and Leases$131.91M
Assets Per Employee ($Millions)$4.97M
Bank Premises and Fixed Assets$1.09M
Cash and Balances due from Depository Institutions$6.45M
Deposits Held in Domestic Offices$151.23M

Key Performance Ratios

Return on Assets (ROA)1.88%
Return on Equity (ROE)13.51%
Net Interest Margin4.55%
Efficiency Ratio53.66%
Tier 1 Risk-Based Capital Ratio15.367%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.1%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.675%
Earning Assets to total Assets90.56%

Income and Expense

Total Interest Income$2.46M
Total Noninterest Income$221.00k
Total Interest Expense$522.00k
Total Noninterest Expense$1.19M
Net Interest Income$1.94M
Pre-tax Net Operating Income$917.00k
Provision for Credit Losses$45.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$250.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$3.39M
All Other Liabilities$1.93M
Total Liabilities and Capital$183.76M

Securities

Securities$31.92M
Available-for-sale debt securities$31.92M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Savings Bank?
$183.76M as of the latest filing.
How much are Security Savings Bank's total deposits?
$151.23M in total deposits.
Where is Security Savings Bank located?
Gowrie, IA.
What is the Net Interest Margin?
4.55%.
How many domestic offices does it operate?
8.
When was it established?
04/18/1914.
What is the Return on Assets (ROA)?
1.88%.
How much are total loans and leases?
$131.91M (latest filing).
What is the total interest income (latest filing)?
$2.46M.