TellerScore

Headquartered in Gowrie, Iowa, Security Savings Bank is a state-chartered bank (fed member) with $193.7M in total assets and $161.1M in deposits as of Q2 2026. It operates 8 offices. Its charter dates back to 1914.

Security Savings Bank has a TellerScore of 89 out of 100 (very strong) based on Q2 2026 data — higher than 94% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 18th. Earnings contributes the most (100/100, 2.22%); funding & liquidity contributes the least (65/100, 89% loans-to-deposits, 20% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion82/100
Tier 1 leverage ratio: 13.17%
Loan quality99/100
Noncurrent loans ÷ total loans: 0.04%
Earnings100/100
Return on assets (annualized): 2.22%
Funding & liquidity65/100
Loans ÷ deposits and uninsured-deposit share: 89.3% · 20.4% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.19%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 5 points (84 → 89), mostly because the capital cushion component improved by 14 points.

TellerScore
798489Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202479
Q3 202481
Q4 202482
Q1 202585
Q2 202584
Q3 202588
Q4 202587
Q1 202688
Q2 202689
Tier 1 leverage ratio
5.00%9.08%13.17%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTier 1 leverage ratio
Q2 202410.62%
Q3 202411.32%
Q4 202411.36%
Q1 202511.67%
Q2 202511.75%
Q3 202513.10%
Q4 202512.72%
Q1 202612.98%
Q2 202613.17%
Noncurrent loans
0.01%0.03%0.05%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNoncurrent loans
Q2 20240.02%
Q3 20240.02%
Q4 20240.04%
Q1 20250.02%
Q2 20250.05%
Q3 20250.01%
Q4 20250.04%
Q1 20260.05%
Q2 20260.04%
Return on assets
1.47%1.85%2.22%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20241.47%
Q3 20241.52%
Q4 20241.57%
Q1 20251.75%
Q2 20251.78%
Q3 20251.82%
Q4 20251.84%
Q1 20262.17%
Q2 20262.22%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202689$193.7M13.17%0.04%2.22%89.3%
Q1 202688$198.8M12.98%0.05%2.17%86.4%
Q4 202587$194.2M12.72%0.04%1.84%82.6%
Q3 202588$183.8M13.10%0.01%1.82%87.2%
Q2 202584$191.2M11.75%0.05%1.78%78.3%
Q1 202585$191.6M11.67%0.02%1.75%77.2%
Q4 202482$188.7M11.36%0.04%1.57%79.2%
Q3 202481$192.4M11.32%0.02%1.52%82.8%
Q2 202479$192.4M10.62%0.02%1.47%76.0%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio13.17%
76th
Total risk-based capital16.40%
75th
Problem loans0.04%
80th
Net charge-offs-0.01%
85th
Return on assets2.22%
92nd
Net interest margin4.72%
86th
Efficiency ratio49.5%
84th
Loans to deposits89.3%
28th
Uninsured deposits20.4%
63rd
Loan-loss reserves1.56%
82nd
Texas ratio0.2%
83rd

Similar-size banks in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Citizens State BankBank Sheldon, IA87 out of 100, Very strong$194.7M12.5%0.00%vs
Mount Vernon Bank and Trust CompanyBank Mount Vernon, IA82 out of 100, Strong$195.5M13.0%0.21%vs
Farmers Trust & Savings BankBank Williamsburg, IA87 out of 100, Very strong$191.6M23.1%0.34%vs
Chelsea Savings BankBank Belle Plaine, IA93 out of 100, Very strong$196.9M16.0%0.24%vs
State Bank & Trust Co.Bank Nevada, IA70 out of 100, Strong$197.6M11.0%1.30%vs
Peoples Savings BankBank Wellsburg, IA56 out of 100, Moderate$189.1M9.9%1.19%vs

Deposit insurance

Is my money safe at Security Savings Bank?

Yes. Security Savings Bank is an FDIC-insured institution (FDIC certificate #14208). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 20.4% of deposits ($32.9M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 13.17%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.40% (benchmark: 10%).

Check how much of your own balance is covered

8 locations

Branches

Security Savings Bank lists 8 offices in 8 cities. Most locations:

  • Boxholm, IA (1)
  • Dayton, IA (1)
  • Farnhamville, IA (1)
  • Gowrie, IA (1)
  • Harcourt, IA (1)
  • Lehigh, IA (1)
  • Manson, IA (1)
  • Stratford, IA (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Security Savings Bank reported 49 home-loan applications under HMDA (LEI 25490024BC19WWC88469): 45 originated ($4,205,000 total), 2 denied, and 2 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.3%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Security Savings Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
14208
RSSD ID
616540
Primary regulator
FED
Holding company
Security Financial Inc
Established
April 18, 1914
Headquarters
1015 Market St, Gowrie, IA 50543
Employees
41

Quick answers

Security Savings Bank: common questions

Is Security Savings Bank FDIC insured?

Yes. Security Savings Bank is an FDIC-insured institution (FDIC certificate #14208). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Security Savings Bank's TellerScore?

89 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Security Savings Bank ever failed?

There is no failure record for FDIC certificate #14208 in the FDIC failed bank list.

How many branches does Security Savings Bank have?

8 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Gowrie

InstitutionScoreAssetsCapitalProblem loansCompare
Community State BankBank Paton, IA89 out of 100, Very strong$41.4M20.2%0.00%vs
Citizens Community Credit UnionCredit union Fort Dodge, IA88 out of 100, Very strong$253.6M19.1%0.73%vs
First State BankBank Webster City, IA81 out of 100, Strong$674.3M12.4%0.12%vs
Heartland BankBank Somers, IA79 out of 100, Strong$256.1M13.2%0.81%vs
United Bank of IowaBank Ida Grove, IA73 out of 100, Strong$2.5B10.3%0.26%vs
Northwest BankBank Spencer, IA70 out of 100, Strong$3.0B10.1%0.23%vs