Overview / Commentary
Security State Bank (KS) is headquartered in SCOTT CITY and is the 22nd largest bank in the state of Kansas. It is also the 1,148th largest bank in the nation. It was established in 1961 and as of June of 2024, it had grown to 48 employees at 4 locations. Security State Bank (KS)'s CD rates are 5X the national average, and it boasts an A+ health rating.
Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18374 |
| Year Established | 1961 |
| Employees | 48 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 6.78% |
| Annual Interest Income | $17.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $870.6MM$427.3MM |
| Loans | Q2 2024vs Q2 2023 | $646.7MM$317.9MM |
| Deposits | Q2 2024vs Q2 2023 | $641.3MM$293.6MM |
| Equity Capital | Q2 2024vs Q2 2023 | $94.3MM$53.1MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $5.6MM$3.8MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $906K$974K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |