The Security State Bank: how it compares with its peers
Against 13 SD banks with half to twice its assets, The Security State Bank's strongest measure in Q2 2026 is efficiency ratio (36.30% vs. a 65.63% peer median). Its weakest relative measure is net interest margin (4.32% vs. 3.79%).
| Measure | The Security State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.99% | 1.11% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.32% | 3.79% | Top third Ahead of 69% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 36.30% | 65.63% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.3M | $7.9M | Top third Ahead of 77% of peers |
| Loans to deposits Net loans and leases over total deposits. | 32.11% | 56.10% | Context |
What it means for lending operations
Its efficiency ratio of 36.30% is better than the 65.63% 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
- First Western Federal Savings Bank Rapid City, SD · $64M
- Community Bank Avon, SD · $69M
- Sunrise Bank Dakota Onida, SD · $58M
- Ipswich State Bank Ipswich, SD · $74M
- Bryant State Bank Bryant, SD · $53M
- Richland State Bank Bruce, SD · $50M
Questions about The Security State Bank
How big is The Security State Bank?
The Security State Bank, established in 1920, is headquartered in Emery, SD. It reported $65M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is The Security State Bank's return on assets?
1.99% annualized in Q2 2026, against a 1.11% median for 13 SD banks with half to twice its assets, ahead of 77% of them.
What is The Security State Bank's efficiency ratio?
36.30% in Q2 2026: it spent about 36 cents in noninterest expense for each dollar of revenue. The peer median is 65.63%, and lower is better.
Is The Security State Bank growing its loans?
Net loans shrank 8.0% over the year to Q2 2026, while deposits grew 4.2%.
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 SD 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 South Dakota bank ranked.