Security Savings Bank (15734)

Overview / Commentary
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 1,766th largest bank in the nation. It was established in 1920 and as of December of 2023, it had grown to 69 employees at 8 locations. Security Savings Bank (15734) has an A health rating.


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Health Grade Components

FDIC Certificate #15734
Year Established1920
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD3.27%
Annual Interest Income$19.7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$500.6MM$503.1MM
LoansQ4 2023vs Q4 2022$365.9MM$338.7MM
DepositsQ4 2023vs Q4 2022$446MM$445.8MM
Equity CapitalQ4 2023vs Q4 2022$49MM$46.5MM
Loan Loss AllowanceQ4 2023vs Q4 2022$4.8MM$4.8MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$4K$6K
Real Estate OwnedQ4 2023vs Q4 2022$0$296K

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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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