Security Savings Bank (15734)

Overview / Commentary
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 1,735th largest bank in the nation. It was established in 1920 and as of March of 2023, it had grown to 70 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 - YTD0.52%
Return on Equity - YTD5.52%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$504.2MM$513.2MM
LoansQ1 2023vs Q1 2022$335.4MM$298.6MM
DepositsQ1 2023vs Q1 2022$454.8MM$466.1MM
Equity CapitalQ1 2023vs Q1 2022$47.9MM$45.4MM
Loan Loss AllowanceQ1 2023vs Q1 2022$4.8MM$4.7MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$5.00K$224.00K
Real Estate OwnedQ1 2023vs Q1 2022$296.00K$346.00K

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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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