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Security Savings Bank (15734)


Overview / Commentary
www.bankwithssb.com
605-987-4363
100 S West Street
Canton, SD 57013

Security Savings Bank (15734) is headquartered in Canton and is the 21st largest bank in the state of South Dakota. It is also the 1,751st largest bank in the nation. It was established in 1920 and as of March of 2021, it had grown to 68 employees at 8 locations. Security Savings Bank (15734) has a B+ health rating.

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Health
B+

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #15734
Year Established1920
Employees68
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.47%
Return on Equity - YTD4.74%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$487.3MM$433.6MM
LoansQ1 2021vs Q1 2020$293.4MM$320.4MM
DepositsQ1 2021vs Q1 2020$419.3MM$368.4MM
Equity CapitalQ1 2021vs Q1 2020$47.1MM$46.3MM
Loan Loss AllowanceQ1 2021vs Q1 2020$4.5MM$4.2MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$3.0MM$2.9MM
Real Estate OwnedQ1 2021vs Q1 2020$3.6MM$35.00K
Rates

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Locations


Security Savings Bank (15734) Locations
George Branch100 S. Main StreetGeorge, IA 51237
Inwood Branch402 South Main StreetInwood, IA 51240
Security Savings Bank100 S West StreetCanton, SD 57013
Larchwood Branch430 Holder StreetLarchwood, IA 51241
Security Savings Bank Sioux Falls, Sd2331 East 10th StreetSioux Falls, SD 57103
Ellsworth Branch210 South Broadway StreetEllsworth, MN 56129
Hills Branch116 County Road 6Hills, MN 56138
Luverne Br310 Gabrielson RdLuverne, MN 56156

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