Security Savings Bank: how it compares with its peers
Against 110 IA banks with half to twice its assets, Security Savings Bank's strongest measure in Q2 2026 is net interest margin (4.72% vs. a 3.64% peer median). Its weakest relative measure is assets per employee ($4.7M vs. $8.6M).
| Measure | Security Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.22% | 1.40% | Top third Ahead of 95% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.72% | 3.64% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 49.47% | 55.88% | Top third Ahead of 71% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.7M | $8.6M | Bottom third Ahead of 2% of peers |
| Loans to deposits Net loans and leases over total deposits. | 89.34% | 78.03% | Context |
What it means for lending operations
Its efficiency ratio of 49.47% is better than the 55.88% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Citizens State Bank Sheldon, IA · $195M
- Mount Vernon Bank and Trust Company Mount Vernon, IA · $195M
- Farmers Trust & Savings Bank Williamsburg, IA · $192M
- Chelsea Savings Bank Belle Plaine, IA · $197M
- State Bank & Trust Co. Nevada, IA · $198M
- Peoples Savings Bank Wellsburg, IA · $189M
Questions about Security Savings Bank
How big is Security Savings Bank?
Security Savings Bank, established in 1914, is headquartered in Gowrie, IA. It reported $194M in total assets in its Q2 2026 FDIC call report and operates 8 offices.
What is Security Savings Bank's return on assets?
2.22% annualized in Q2 2026, against a 1.40% median for 110 IA banks with half to twice its assets, ahead of 95% of them.
What is Security Savings Bank's efficiency ratio?
49.47% in Q2 2026: it spent about 49 cents in noninterest expense for each dollar of revenue. The peer median is 55.88%, and lower is better.
Is Security Savings Bank growing its loans?
Net loans grew 12.8% over the year to Q2 2026, while deposits shrank 1.1%.
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 IA 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 Iowa bank ranked.