Security Savings Bank
Canton, SD
IDRSSD: 811747
Total Assets
$513.15M
Latest filing
Total Deposits
$453.50M
Latest filing
Net Interest Margin
3.30%
Profitability
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 06/14/1920 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 57013 |
| State and County Number | 46083 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Sioux Falls, SD |
Operational Info
| Number of Employees | 68 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 04/04/1940 |
| Primary Insurance Agency | DIF |
| Website | www.bankwithssb.com |
| Data Updated | 11/14/2025 |
| CERT | 15734 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $513.15M |
| Total Deposits | $453.50M |
| Total Liabilities | $458.20M |
| Total Equity Capital | $54.95M |
| Net Income | $899.00k |
| Net Loans and Leases | $408.06M |
| Assets Per Employee ($Millions) | $7.03M |
| Bank Premises and Fixed Assets | $11.77M |
| Cash and Balances due from Depository Institutions | $36.87M |
| Deposits Held in Domestic Offices | $453.50M |
Key Performance Ratios
| Return on Assets (ROA) | 0.7% |
| Return on Equity (ROE) | 6.61% |
| Net Interest Margin | 3.3% |
| Efficiency Ratio | 77.01% |
| Tier 1 Risk-Based Capital Ratio | 12.07% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.709% |
| Earning Assets to total Assets | 92.07% |
Income and Expense
| Total Interest Income | $6.50M |
| Total Noninterest Income | $291.00k |
| Total Interest Expense | $2.56M |
| Total Noninterest Expense | $3.26M |
| Net Interest Income | $3.94M |
| Pre-tax Net Operating Income | $974.00k |
| Provision for Credit Losses | $0 |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.55M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.70M |
| Total Liabilities and Capital | $513.15M |
Securities
| Securities | $38.72M |
| Available-for-sale debt securities | $34.03M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $4.61M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Security Savings Bank?
$513.15M as of the latest filing.
How much are Security Savings Bank's total deposits?
$453.50M in total deposits.
Where is Security Savings Bank located?
Canton, SD.
What is the Net Interest Margin?
3.30%.
How many domestic offices does it operate?
8.
When was it established?
06/14/1920.
What is the Return on Assets (ROA)?
0.7%.
How much are total loans and leases?
$408.06M (latest filing).
What is the total interest income (latest filing)?
$6.50M.