Security State Bank: how it compares with its peers
Against 45 WI banks with half to twice its assets, Security State Bank's strongest measure in Q2 2026 is net interest margin (5.97% vs. a 3.96% peer median). Its weakest relative measure is assets per employee ($8.5M vs. $6.5M).
| Measure | Security State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.67% | 1.20% | Top third Ahead of 98% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.97% | 3.96% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 43.89% | 65.72% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.5M | $6.5M | Top third Ahead of 84% of peers |
| Loans to deposits Net loans and leases over total deposits. | 85.61% | 85.45% | Context |
What it means for lending operations
Its efficiency ratio of 43.89% is better than the 65.72% 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
- Bonduel State Bank Bonduel, WI · $132M
- KeySavings Bank Wisconsin Rapids, WI · $129M
- River Falls State Bank River Falls, WI · $143M
- Conservation First Bank Benton, WI · $127M
- Bank of Cashton Cashton, WI · $146M
- The Pineries Bank Stevens Point, WI · $149M
Questions about Security State Bank
How big is Security State Bank?
Security State Bank, established in 1911, is headquartered in Iron River, WI. It reported $136M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Security State Bank's return on assets?
2.67% annualized in Q2 2026, against a 1.20% median for 45 WI banks with half to twice its assets, ahead of 98% of them.
What is Security State Bank's efficiency ratio?
43.89% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 65.72%, and lower is better.
Is Security State Bank growing its loans?
Net loans grew 8.8% over the year to Q2 2026, while deposits shrank 2.8%.
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 WI 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 Wisconsin bank ranked.