Security State Bank: how it compares with its peers
Against 97 IA banks with half to twice its assets, Security State Bank's strongest measure in Q2 2026 is efficiency ratio (28.16% vs. a 56.04% peer median). Its weakest relative measure is net interest margin (4.22% vs. 3.65%).
| Measure | Security State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.63% | 1.43% | Top third Ahead of 99% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.22% | 3.65% | Top third Ahead of 95% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 28.16% | 56.04% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $14.5M | $8.3M | Top third Ahead of 95% of peers |
| Loans to deposits Net loans and leases over total deposits. | 132.01% | 84.58% | Context |
What it means for lending operations
Its efficiency ratio of 28.16% is better than the 56.04% 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
- TruBank Indianola, IA · $495M
- Raccoon Valley Bank Perry, IA · $486M
- Grinnell State Bank Grinnell, IA · $499M
- Ohnward Bank & Trust Cascade, IA · $499M
- Rolling Hills Bank & Trust Atlantic, IA · $484M
- American Bank and Trust Company, National Association Davenport, IA · $481M
Questions about Security State Bank
How big is Security State Bank?
Security State Bank, established in 1931, is headquartered in Sutherland, IA. It reported $492M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Security State Bank's return on assets?
2.63% annualized in Q2 2026, against a 1.43% median for 97 IA banks with half to twice its assets, ahead of 99% of them.
What is Security State Bank's efficiency ratio?
28.16% in Q2 2026: it spent about 28 cents in noninterest expense for each dollar of revenue. The peer median is 56.04%, and lower is better.
Is Security State Bank growing its loans?
Net loans grew 6.4% over the year to Q2 2026, while deposits grew 9.6%.
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.