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Banks · South Dakota

Security Savings Bank

Canton, SD · FDIC Certificate #15734 · Chartered 06/1

Total assets
$557.38M
Total deposits
$495.03M
Total equity
$57.49M
Net loans
$422.50M
Branches (offices)
8
Net income (YTD)
$2.52M
Rank: #1,649 of 4,213 U.S. banks by assets · #21 of 56 in South Dakota. Assets changed 7.1% and deposits 6.6% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)0.92%
Return on equity8.92%
Net interest margin (YTD)3.34%
Equity to assets10.31%
Tier 1 leverage ratio9.38%
Uninsured deposits (share of deposits)18.5%
Noncurrent loans (share of loans)0.09%
Net charge-offs (share of loans)-0.00%
Loans to deposits85.3%
Real estate loans (share of loans)74.2%

Loan mix

CategoryAmountShare
Real estate loans$313.48M
74.2%
Commercial & industrial$31.51M
7.5%
Consumer / individual$3.32M
0.8%
Construction & development$5.47M
1.3%
Agricultural$78.46M
18.6%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$519.72M$473.15M$1.75M$45.43M
Jun 2023$489.31M$434.77M$1.05M$47.71M
Jun 2024$512.41M$460.29M$697.00K$49.43M
Jun 2025$520.64M$464.21M$1.75M$53.84M
Jun 2026$557.38M$495.03M$2.52M$57.49M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$189.42M3
Iowa$173.02M3
South Dakota$132.59M2

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $495.03M.

Similar-sized banks

Northwestern Mutual Wealth Management ($557.73M) · Chickasaw Community Bank ($557.06M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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