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 Security State Bank
Security State Bank
| RSSD ID 270652 | CERTIFICATE 16448 | ABA NUMBER 91408161 |
| 450 Main St |
Quarter Ended : |
2025-12-31 |
| Alexandria, South Dakota, 57311 |
Updated : |
2026-01-30 |
| 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 : |
15 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 107,108 |
|
Total Interest Income | 5,671 |
| Total Liabilities | 99,770 |
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Total NonInterest Income | 94 |
| Total Bank Equity Capital | 7,338 |
|
Total Interest Expense | 2,048 |
| Total Deposits | 99,331 |
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Total NonInterest Expense | 2,633 |
| Net Loans & Leases | 56,812 |
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Net Income | (1,729) |
| Loan Loss Allowance | 722 |
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Net Charge Offs | 2,822 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 9,011 |
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Total loans | 57,636 |
| Total assets for the leverage ratio | 108,124 |
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Loans secured by real estate: | 11,755 |
| Tier 1 Leverage Ratio | 7.68 |
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Commercial and industrial loans | 7,411 |
| Tier 1 Capital Ratio | 12.33 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.38 |
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Loans to individuals - Other | 2,732 |
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:· Security State Bank
