TellerScore

Headquartered in Canton, South Dakota, Security Savings Bank is a state-chartered bank with $557.4M in total assets and $495.0M in deposits as of Q2 2026. It operates 8 offices across 3 states. Its charter dates back to 1920.

Based on its Q2 2026 filing, Security Savings Bank scores 69/100, which we describe as moderate. That is higher than only 40% of 2,650 banks with $100 million – $1 billion. Among 56 banks headquartered in South Dakota, it ranks 36th. Its strongest component is problem-loan coverage (99/100; 0.7%), and its lowest is capital cushion (44/100; 9.38%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.38%
Loan quality97/100
Noncurrent loans ÷ total loans: 0.09%
Earnings57/100
Return on assets (annualized): 0.92%
Funding & liquidity71/100
Loans ÷ deposits and uninsured-deposit share: 85.3% · 18.5% uninsured
Problem-loan coverage99/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.65%

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 2 points (67 → 69), mostly because the earnings component improved by 10 points.

TellerScore
656871Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202465
Q3 202467
Q4 202466
Q1 202567
Q2 202567
Q3 202569
Q4 202569
Q1 202671
Q2 202669
Tier 1 leverage ratio
5.00%7.54%10.09%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.21%
Q3 20249.60%
Q4 20249.20%
Q1 20259.67%
Q2 20259.27%
Q3 202510.09%
Q4 20259.56%
Q1 20269.82%
Q2 20269.38%
Noncurrent loans
0.00%0.05%0.10%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.00%
Q3 20240.00%
Q4 20240.00%
Q1 20250.10%
Q2 20250.07%
Q3 20250.07%
Q4 20250.07%
Q1 20260.09%
Q2 20260.09%
Return on assets
0.28%0.60%0.92%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.28%
Q3 20240.43%
Q4 20240.44%
Q1 20250.59%
Q2 20250.68%
Q3 20250.69%
Q4 20250.73%
Q1 20260.90%
Q2 20260.92%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202669$557.4M9.38%0.09%0.92%85.3%
Q1 202671$549.6M9.82%0.09%0.90%84.8%
Q4 202569$532.8M9.56%0.07%0.73%87.5%
Q3 202569$513.2M10.09%0.07%0.69%90.0%
Q2 202567$520.6M9.27%0.07%0.68%88.9%
Q1 202567$508.9M9.67%0.10%0.59%89.1%
Q4 202466$515.3M9.20%0.00%0.44%88.0%
Q3 202467$513.6M9.60%0.00%0.43%86.7%
Q2 202465$512.4M9.21%0.00%0.28%84.1%

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 ratio9.38%
19th
Total risk-based capital11.15%
50th
Problem loans0.09%
74th
Net charge-offs-0.00%
83rd
Return on assets0.92%
30th
Net interest margin3.34%
21st
Efficiency ratio71.6%
26th
Loans to deposits85.3%
37th
Uninsured deposits18.5%
70th
Loan-loss reserves1.07%
35th
Texas ratio0.7%
74th

Similar-size banks in South Dakota

InstitutionScoreAssetsCapitalProblem loansCompare
Black Hills Community Bank, N.A.Bank Rapid City, SD81 out of 100, Strong$489.7M12.4%0.00%vs
First National BankBank Oldham, SD77 out of 100, Strong$477.8M18.4%2.01%vs
First National Bank in PhilipBank Philip, SD87 out of 100, Very strong$458.4M12.1%0.00%vs
First Fidelity BankBank Burke, SD75 out of 100, Strong$717.0M9.4%0.39%vs
BankStar FinancialBank Elkton, SD71 out of 100, Strong$363.5M9.4%0.14%vs
Rivers Edge BankBank Marion, SD68 out of 100, Moderate$357.1M8.3%0.16%vs

Deposit insurance

Is my money safe at Security Savings Bank?

Yes. Security Savings Bank is an FDIC-insured institution (FDIC certificate #15734). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 18.5% of deposits ($91.6M) 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 9.38%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 11.15% (benchmark: 10%).

Check how much of your own balance is covered

8 locations

Branches

Security Savings Bank lists 8 offices in 8 cities across 3 states. Most locations:

  • Canton, SD (1)
  • Ellsworth, MN (1)
  • George, IA (1)
  • Hills, MN (1)
  • Inwood, IA (1)
  • Larchwood, IA (1)
  • Luverne, MN (1)
  • Sioux Falls, SD (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Security Savings Bank reported 76 home-loan applications under HMDA (LEI 549300R92KASZD16MT49): 63 originated ($18,005,000 total), 8 denied, and 3 withdrawn or closed by the applicant. Its denial rate on decided applications was 11.0%, 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
FDIC certificate #
15734
RSSD ID
811747
Primary regulator
FDIC
Holding company
Larch Bcorp Inc
Established
June 14, 1920
Headquarters
100 S West St, Canton, SD 57013
Employees
79

Quick answers

Security Savings Bank: common questions

Is Security Savings Bank FDIC insured?

Yes. Security Savings Bank is an FDIC-insured institution (FDIC certificate #15734). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Security Savings Bank's TellerScore?

69 out of 100 (Moderate), 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 #15734 in the FDIC failed bank list.

How many branches does Security Savings Bank have?

8 offices as of the latest FDIC data, in 3 states.

Nearby

Highest-scoring banks and credit unions with branches near Canton

InstitutionScoreAssetsCapitalProblem loansCompare
Security National Bank of South DakotaBank Dakota Dunes, SD93 out of 100, Very strong$251.5M14.1%0.00%vs
First PREMIER BankBank Sioux Falls, SD85 out of 100, Very strong$3.6B13.7%0.10%vs
First Savings BankBank Beresford, SD83 out of 100, Strong$1.6B19.3%0.90%vs
American Bank & TrustBank Sioux Falls, SD72 out of 100, Strong$2.2B11.3%0.57%vs
First Dakota National BankBank Yankton, SD72 out of 100, Strong$3.4B10.4%0.30%vs
Reliabank DakotaBank Estelline, SD71 out of 100, Strong$788.4M10.5%0.26%vs