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The Security State Bank

Emery, SD
IDRSSD: 285553
Total Assets
$59.76M
Latest filing
Total Deposits
$47.97M
Latest filing
Net Interest Margin
4.71%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1920
Community BankYes
Ownership TypeNot Mutual
ZIP57332
State and County Number46061
Subchapter S CorporationsNo
Trust PowersN/A
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 NameMitchell, SD

Operational Info

Number of Employees7
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance07/01/1940
Primary Insurance AgencyDIF
Websitewww.thesecuritystatebank.com
Data Updated11/14/2025
CERT15749
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$59.76M
Total Deposits$47.97M
Total Liabilities$48.47M
Total Equity Capital$11.29M
Net Income$258.00k
Net Loans and Leases$18.32M
Assets Per Employee ($Millions)$8.54M
Bank Premises and Fixed Assets$347.00k
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$47.97M

Key Performance Ratios

Return on Assets (ROA)1.7%
Return on Equity (ROE)9.25%
Net Interest Margin4.71%
Efficiency Ratio34.5%
Tier 1 Risk-Based Capital Ratio39.225%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets18.896%
Earning Assets to total Assets96.28%

Income and Expense

Total Interest Income$827.00k
Total Noninterest Income$28.00k
Total Interest Expense$139.00k
Total Noninterest Expense$247.00k
Net Interest Income$688.00k
Pre-tax Net Operating Income$469.00k
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$500.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$501.00k
Total Liabilities and Capital$59.76M

Securities

Securities$10.96M
Available-for-sale debt securities$10.96M
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 The Security State Bank?
$59.76M as of the latest filing.
How much are The Security State Bank's total deposits?
$47.97M in total deposits.
Where is The Security State Bank located?
Emery, SD.
What is the Net Interest Margin?
4.71%.
How many domestic offices does it operate?
2.
When was it established?
01/01/1920.
What is the Return on Assets (ROA)?
1.7%.
How much are total loans and leases?
$18.32M (latest filing).
What is the total interest income (latest filing)?
$827.00k.