Security State Bank
Sutherland, IA
IDRSSD: 425845
Total Assets
$457.75M
Latest filing
Total Deposits
$303.05M
Latest filing
Net Interest Margin
4.12%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Security State Bank
109 W 2nd St
Sutherland, IA 51058
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1931FDIC Certificate 188
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Security State Bank (Main) | 109 W 2nd St | Sutherland, IA |
| FREDERIKA BRANCH | 103 3rd St | Frederika, IA |
| PEOPLES BRANCH | 328 Main St | Elma, IA |
| PAULLINA BRANCH | 305 E Grand Ave | Paullina, IA |
| NEW HAMPTON BRANCH | 922 W Milwaukee St | New Hampton, IA |
Showing 4 of 4
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 | 01/01/1931 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 51058 |
| State and County Number | 19141 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| 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 | N/A |
Operational Info
| Number of Employees | 34 |
| Domestic Offices | 5 |
| 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 | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | mysecuritystate.com |
| Data Updated | 11/14/2025 |
| CERT | 235 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $457.75M |
| Total Deposits | $303.05M |
| Total Liabilities | $408.65M |
| Total Equity Capital | $49.10M |
| Net Income | $2.86M |
| Net Loans and Leases | $413.07M |
| Assets Per Employee ($Millions) | $13.87M |
| Bank Premises and Fixed Assets | $2.71M |
| Cash and Balances due from Depository Institutions | $7.11M |
| Deposits Held in Domestic Offices | $303.05M |
Key Performance Ratios
| Return on Assets (ROA) | 2.5% |
| Return on Equity (ROE) | 23.82% |
| Net Interest Margin | 4.12% |
| Efficiency Ratio | 27.16% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.28% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.727% |
| Earning Assets to total Assets | 94.57% |
Income and Expense
| Total Interest Income | $7.61M |
| Total Noninterest Income | $113.00k |
| Total Interest Expense | $3.12M |
| Total Noninterest Expense | $1.25M |
| Net Interest Income | $4.49M |
| Pre-tax Net Operating Income | $3.02M |
| Provision for Credit Losses | $325.00k |
| 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 | $104.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $14.69M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.60M |
| Total Liabilities and Capital | $457.75M |
Securities
| Securities | $4.10M |
| Available-for-sale debt securities | $4.10M |
| 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?
$457.75M as of the latest filing.
How much are Security State Bank's total deposits?
$303.05M in total deposits.
Where is Security State Bank located?
Sutherland, IA.
What is the Net Interest Margin?
4.12%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1931.
What is the Return on Assets (ROA)?
2.5%.
How much are total loans and leases?
$413.07M (latest filing).
What is the total interest income (latest filing)?
$7.61M.