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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 1,697th largest bank in the nation. It was established in 1920 and as of June of 2022, it had grown to 73 employees at 8 locations. Security Savings Bank (15734) has an A health rating.

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Health
A

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #15734
Year Established1920
Employees73
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD7.54%
Annual Interest Income$6.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$519.7MM$506.6MM
LoansQ2 2022vs Q2 2021$300.2MM$287.0MM
DepositsQ2 2022vs Q2 2021$473.1MM$441.7MM
Equity CapitalQ2 2022vs Q2 2021$45.4MM$47.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.7MM$4.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$219.00K$2.4MM
Real Estate OwnedQ2 2022vs Q2 2021$346.00K$1.1MM
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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