Security Savings Bank

Canton, SD
IDRSSD: 811747
Total Assets
$549.61M
Latest filing
Total Deposits
$490.06M
Latest filing
Net Interest Margin
3.29%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

091409788CANTON, SD

Key People

Loading leadership data...

Locations

Main office and branches. Select to view on the map.

Open map →
Main Office
Security Savings Bank
100 S West St
Canton, SD 57013
Full Service - Brick and Mortar
Updated 04/24/2026Established 06/14/1920FDIC Certificate 9991

Branches (7)

Page 1 of 1
NameAddressCity / State
Security Savings Bank (Main)100 S West StCanton, SD
INWOOD BRANCH402 S Main StInwood, IA
HILLS BRANCH116 County Road 6Hills, MN
LUVERNE BR310 W Gabrielson RdLuverne, MN
LARCHWOOD BRANCH430 Holder StLarchwood, IA
SECURITY SAVINGS BANK SIOUX FALLS, SD BRANCH2331 E 10th StSioux Falls, SD
ELLSWORTH BRANCH210 S Broadway StEllsworth, MN
GEORGE BRANCH100 S Main StGeorge, IA
Showing 7 of 7

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

Watch Panel

Active Watch Signals across growth, allowance, nonperforming, and charge-off portfolios.

Growth

Balance-sheet growth signals

No active Watch signals. Watch Engine runs quarterly after each FFIEC ingestion.

Allowance

ALLL coverage signals

No active Watch signals. Watch Engine runs quarterly after each FFIEC ingestion.

Nonperforming

Noncurrent loan signals

No active Watch signals. Watch Engine runs quarterly after each FFIEC ingestion.

Charge-off

Net charge-off signals

No active Watch signals. Watch Engine runs quarterly after each FFIEC ingestion.

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/14/1920
Community BankYes
Ownership TypeNot Mutual
ZIP57013
State and County Number46083
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameSioux Falls, SD

Operational Info

Number of Employees73
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/04/1940
Primary Insurance AgencyDIF
Websitewww.bankwithssb.com
Data Updated04/24/2026
CERT15734
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$549.61M
Total Deposits$490.06M
Total Liabilities$493.35M
Total Equity Capital$56.27M
Net Income$1.22M
Net Loans and Leases$415.42M
Assets Per Employee ($Millions)$7.33M
Bank Premises and Fixed Assets$11.66M
Cash and Balances due from Depository Institutions$77.71M
Deposits Held in Domestic Offices$490.06M

Key Performance Ratios

Return on Assets (ROA)0.9%
Return on Equity (ROE)8.69%
Net Interest Margin3.29%
Efficiency Ratio71.82%
Tier 1 Risk-Based Capital Ratio10.666%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.238%
Earning Assets to total Assets93.48%

Income and Expense

Total Interest Income$6.60M
Total Noninterest Income$391.00k
Total Interest Expense$2.45M
Total Noninterest Expense$3.26M
Net Interest Income$4.15M
Pre-tax Net Operating Income$1.28M
Provision for Credit Losses$-1,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$2.03M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.28M
Total Liabilities and Capital$549.61M

Securities

Securities$29.17M
Available-for-sale debt securities$24.66M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$4.45M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Savings Bank?
$549.61M as of the latest filing.
How much are Security Savings Bank's total deposits?
$490.06M in total deposits.
Where is Security Savings Bank located?
Canton, SD.
What is the Net Interest Margin?
3.29%.
How many domestic offices does it operate?
8.
When was it established?
06/14/1920.
What is the Return on Assets (ROA)?
0.9%.
How much are total loans and leases?
$415.42M (latest filing).
What is the total interest income (latest filing)?
$6.60M.