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Security State Bank
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Security State Bank
| RSSD ID 270652 | CERTIFICATE 16448 | ABA NUMBER 91408161 |
| 450 Main St |
Quarter Ended : |
2026-03-31 |
| Alexandria, South Dakota, 57311 |
Updated : |
2026-04-28 |
| https://www.bankwithsecurity.com |
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| Institution Profile |
| Year Opened : |
1946 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
16 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 99,885 |
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Total Interest Income | 1,392 |
| Total Liabilities | 92,403 |
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Total NonInterest Income | 25 |
| Total Bank Equity Capital | 7,482 |
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Total Interest Expense | 422 |
| Total Deposits | 92,043 |
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Total NonInterest Expense | 704 |
| Net Loans & Leases | 52,929 |
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Net Income | 248 |
| Loan Loss Allowance | 639 |
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Net Charge Offs | 125 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 9,174 |
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Total loans | 55,358 |
| Total assets for the leverage ratio | 100,058 |
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Loans secured by real estate: | 11,362 |
| Tier 1 Leverage Ratio | 8.53 |
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Commercial and industrial loans | 7,374 |
| Tier 1 Capital Ratio | 13.45 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.46 |
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Loans to individuals - Other | 3,141 |
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