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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 1,759th largest bank in the nation. It was established in 1920 and as of June of 2020, it had grown to 67 employees at 8 locations. Security Savings Bank (15734) has an A health rating.

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Health
A

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #15734
Year Established1920
Employees67
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD7.26%
Annual Interest Income$8.6MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$450.7MM$456.0MM
LoansQ2 2020vs Q2 2019$328.4MM$324.9MM
DepositsQ2 2020vs Q2 2019$383.9MM$382.6MM
Equity CapitalQ2 2020vs Q2 2019$47.1MM$44.6MM
Loan Loss AllowanceQ2 2020vs Q2 2019$4.2MM$4.3MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.8MM$3.3MM
Real Estate OwnedQ2 2020vs Q2 2019$35.00K$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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