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  2. Security Savings Bank (15734)

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 19th largest bank in the state of South Dakota. It is also the 1,718th largest bank in the nation. It was established in 1920 and as of March of 2022, it had grown to 74 employees at 8 locations. Security Savings Bank (15734) has an A health rating.

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Health
A

Data as of Q1 2022

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Health Grade Components

Overall
FDIC Certificate #15734
Year Established1920
Employees74
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.88%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$513.2MM$487.3MM
LoansQ1 2022vs Q1 2021$298.6MM$293.4MM
DepositsQ1 2022vs Q1 2021$466.1MM$419.3MM
Equity CapitalQ1 2022vs Q1 2021$45.4MM$47.1MM
Loan Loss AllowanceQ1 2022vs Q1 2021$4.7MM$4.5MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$224.00K$3.0MM
Real Estate OwnedQ1 2022vs Q1 2021$346.00K$3.6MM
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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