Security Savings Bank (15734)


Overview / Commentary
605-987-4363
100 S West Street
Canton, SD 57013

Security Savings Bank (15734) is headquartered in CANTON and is the 20th largest bank in the state of South Dakota. It is also the 1,765th largest bank in the nation. It was established in 1920 and as of September of 2024, it had grown to 71 employees at 8 locations. Security Savings Bank (15734) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #15734
Year Established1920
Employees71
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD4.37%
Annual Interest Income$17.4MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$513.6MM$489.8MM
LoansQ3 2024vs Q3 2023$396.9MM$353.4MM
DepositsQ3 2024vs Q3 2023$458MM$440.5MM
Equity CapitalQ3 2024vs Q3 2023$51.3MM$47.1MM
Loan Loss AllowanceQ3 2024vs Q3 2023$4.7MM$4.8MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$3K$27K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
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 StCanton, 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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