|
 |
|
|
 Security State Bank
|
Security State Bank
| RSSD ID 270652 | CERTIFICATE 16448 | ABA NUMBER 91408161 |
| 450 Main St |
Quarter Ended : |
2026-06-30 |
| Alexandria, South Dakota, 57311 |
Updated : |
2026-07-29 |
| https://www.bankwithsecurity.com |
|
| 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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
16 |
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 103,039 |
|
Total Interest Income | 2,685 |
| Total Liabilities | 95,974 |
|
Total NonInterest Income | 51 |
| Total Bank Equity Capital | 7,065 |
|
Total Interest Expense | 823 |
| Total Deposits | 95,606 |
|
Total NonInterest Expense | 1,429 |
| Net Loans & Leases | 53,639 |
|
Net Income | 255 |
| Loan Loss Allowance | 630 |
|
Net Charge Offs | 322 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 9,172 |
|
Total loans | 53,189 |
| Total assets for the leverage ratio | 103,682 |
|
Loans secured by real estate: | 12,223 |
| Tier 1 Leverage Ratio | 8.24 |
|
Commercial and industrial loans | 5,874 |
| Tier 1 Capital Ratio | 13.55 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.55 |
|
Loans to individuals - Other | 3,555 |
|
|
|
|
:· Security State Bank
