Security State Bank: how it compares with its peers
Against 10 WY banks with half to twice its assets, Security State Bank's strongest measure in Q2 2026 is net interest margin (3.19% vs. a 4.02% peer median). Its weakest relative measure is return on assets (0.56% vs. 1.57%).
| Measure | Security State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.56% | 1.57% | Bottom third Ahead of 10% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.19% | 4.02% | Bottom third Ahead of 20% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 78.23% | 57.54% | Bottom third Ahead of 10% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.4M | $7.8M | Bottom third Ahead of 20% of peers |
| Loans to deposits Net loans and leases over total deposits. | 67.66% | 66.20% | Context |
What it means for lending operations
Its efficiency ratio of 78.23% is above the 57.54% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Bank of Star Valley Afton, WY · $420M
- Big Horn Federal Savings Bank Greybull, WY · $400M
- RSNB Bank Rock Springs, WY · $381M
- Jonah Bank of Wyoming Casper, WY · $563M
- RNB STATE BANK Rawlins, WY · $296M
- Sundance State Bank Sundance, WY · $291M
Questions about Security State Bank
How big is Security State Bank?
Security State Bank, established in 1929, is headquartered in Basin, WY. It reported $449M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Security State Bank's return on assets?
0.56% annualized in Q2 2026, against a 1.57% median for 10 WY banks with half to twice its assets, ahead of 10% of them.
What is Security State Bank's efficiency ratio?
78.23% in Q2 2026: it spent about 78 cents in noninterest expense for each dollar of revenue. The peer median is 57.54%, and lower is better.
Is Security State Bank growing its loans?
Net loans grew 15.6% over the year to Q2 2026, while deposits grew 0.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are WY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Wyoming bank ranked.