Security State Bank
Alexandria, SD
IDRSSD: 270652
Total Assets
$105.28M
Latest filing
Total Deposits
$97.13M
Latest filing
Net Interest Margin
3.72%
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 | 07/01/1946 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 57311 |
| State and County Number | 46061 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| 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 | Mitchell, SD |
Operational Info
| Number of Employees | 15 |
| Domestic Offices | 3 |
| 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 | 07/01/1946 |
| Primary Insurance Agency | DIF |
| Website | https://www.bankwithsecurity.com |
| Data Updated | 11/14/2025 |
| CERT | 16448 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $105.28M |
| Total Deposits | $97.13M |
| Total Liabilities | $97.61M |
| Total Equity Capital | $7.67M |
| Net Income | $283.00k |
| Net Loans and Leases | $57.56M |
| Assets Per Employee ($Millions) | $7.02M |
| Bank Premises and Fixed Assets | $1.03M |
| Cash and Balances due from Depository Institutions | $3.69M |
| Deposits Held in Domestic Offices | $97.13M |
Key Performance Ratios
| Return on Assets (ROA) | 1.09% |
| Return on Equity (ROE) | 15.33% |
| Net Interest Margin | 3.72% |
| Efficiency Ratio | 70.63% |
| Tier 1 Risk-Based Capital Ratio | 13.275% |
| 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 | 7.285% |
| Earning Assets to total Assets | 93.88% |
Income and Expense
| Total Interest Income | $1.43M |
| Total Noninterest Income | $23.00k |
| Total Interest Expense | $524.00k |
| Total Noninterest Expense | $654.00k |
| Net Interest Income | $903.00k |
| Pre-tax Net Operating Income | $272.00k |
| 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 | $3.80M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $485.00k |
| Total Liabilities and Capital | $105.28M |
Securities
| Securities | $34.75M |
| Available-for-sale debt securities | $34.74M |
| 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 State Bank?
$105.28M as of the latest filing.
How much are Security State Bank's total deposits?
$97.13M in total deposits.
Where is Security State Bank located?
Alexandria, SD.
What is the Net Interest Margin?
3.72%.
How many domestic offices does it operate?
3.
When was it established?
07/01/1946.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$57.56M (latest filing).
What is the total interest income (latest filing)?
$1.43M.