Security Trust & Savings Bank


Overview / Commentary
712-732-3022
601 Lake Street
Storm Lake, IA 50588

Security Trust & Savings Bank is headquartered in STORM LAKE and is the 109th largest bank in the state of Iowa. It is also the 2,635th largest bank in the nation. It was established in 1908 and as of December of 2024, it had grown to 23 employees at 3 locations. Security Trust & Savings Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #968
Year Established1908
Employees23
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD6.07%
Annual Interest Income$12.4MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$271.3MM$264.2MM
LoansQ4 2024vs Q4 2023$79.1MM$83.5MM
DepositsQ4 2024vs Q4 2023$249MM$242.5MM
Equity CapitalQ4 2024vs Q4 2023$21.6MM$21.2MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.3MM$1.2MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$551K$4K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

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Locations


Security Trust & Savings Bank Locations
Security Trust & Savings Bank601 Lake StreetStorm Lake, IA 50588
Auto Branch300 West 5th StreetStorm Lake, IA 50588
Rembrandt Branch101 E Main StRembrandt, IA 50576

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