Headquartered in Sutherland, Iowa, Security State Bank is a state-chartered bank with $492.3M in total assets and $337.3M in deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1931.
Based on its Q2 2026 filing, Security State Bank scores 77/100, which we describe as strong. That is higher than 68% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 77th. Its strongest component is earnings (100/100; 2.63%), and its lowest is funding & liquidity (42/100; 132% loans-to-deposits, 22% uninsured).
TellerScore · Q2 2026
Scorecard
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 (75 → 77), mostly because the capital cushion component improved by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 73 |
| Q3 2024 | 75 |
| Q4 2024 | 75 |
| Q1 2025 | 74 |
| Q2 2025 | 75 |
| Q3 2025 | 75 |
| Q4 2025 | 75 |
| Q1 2026 | 76 |
| Q2 2026 | 77 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.11% |
| Q3 2024 | 10.25% |
| Q4 2024 | 10.37% |
| Q1 2025 | 10.21% |
| Q2 2025 | 10.31% |
| Q3 2025 | 10.75% |
| Q4 2025 | 10.98% |
| Q1 2026 | 10.85% |
| Q2 2026 | 11.12% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.15% |
| Q3 2024 | 0.15% |
| Q4 2024 | 0.17% |
| Q1 2025 | 0.23% |
| Q2 2025 | 0.24% |
| Q3 2025 | 0.34% |
| Q4 2025 | 0.39% |
| Q1 2026 | 0.27% |
| Q2 2026 | 0.23% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.92% |
| Q3 2024 | 2.01% |
| Q4 2024 | 2.08% |
| Q1 2025 | 2.36% |
| Q2 2025 | 2.41% |
| Q3 2025 | 2.44% |
| Q4 2025 | 2.50% |
| Q1 2026 | 2.64% |
| Q2 2026 | 2.63% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | $492.3M | 11.12% | 0.23% | 2.63% | 132.0% |
| Q1 2026 | 76 | $485.3M | 10.85% | 0.27% | 2.64% | 130.3% |
| Q4 2025 | 75 | $480.8M | 10.98% | 0.39% | 2.50% | 130.9% |
| Q3 2025 | 75 | $457.7M | 10.75% | 0.34% | 2.44% | 136.3% |
| Q2 2025 | 75 | $457.2M | 10.31% | 0.24% | 2.41% | 136.0% |
| Q1 2025 | 74 | $457.2M | 10.21% | 0.23% | 2.36% | 132.2% |
| Q4 2024 | 75 | $433.5M | 10.37% | 0.17% | 2.08% | 129.3% |
| Q3 2024 | 75 | $416.4M | 10.25% | 0.15% | 2.01% | 133.9% |
| Q2 2024 | 73 | $401.7M | 10.11% | 0.15% | 1.92% | 125.0% |
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).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| TruBankBank Indianola, IA | 56 out of 100, Moderate | $494.6M | 9.2% | 1.33% | vs |
| Raccoon Valley BankBank Perry, IA | 66 out of 100, Moderate | $486.0M | 9.6% | 0.74% | vs |
| Grinnell State BankBank Grinnell, IA | 67 out of 100, Moderate | $498.6M | 11.9% | 0.47% | vs |
| Ohnward Bank & TrustBank Cascade, IA | 74 out of 100, Strong | $499.1M | 12.6% | 0.60% | vs |
| Rolling Hills Bank & TrustBank Atlantic, IA | 77 out of 100, Strong | $484.4M | 11.8% | 0.30% | vs |
| American Bank and Trust Company, National AssociationBank Davenport, IA | 61 out of 100, Moderate | $480.9M | 10.1% | 0.86% | vs |
Deposit insurance
Is my money safe at Security State Bank?
Yes. Security State Bank is an FDIC-insured institution (FDIC certificate #235). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 22.2% of deposits ($74.8M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.12%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
5 locations
Branches
Security State Bank lists 5 offices in 5 cities. Most locations:
- Elma, IA (1)
- Frederika, IA (1)
- New Hampton, IA (1)
- Paullina, IA (1)
- Sutherland, IA (1)
Identity & history
Profile
- Legal name
- Security State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 235
- RSSD ID
- 425845
- Primary regulator
- FDIC
- Holding company
- Old O Brien Banc Shares Inc
- Established
- January 1, 1931
- Headquarters
- 109 W 2nd St, Sutherland, IA 51058
- Website
- mysecuritystate.com
- Employees
- 34
Quick answers
Security State Bank: common questions
Is Security State Bank FDIC insured?
Yes. Security State Bank is an FDIC-insured institution (FDIC certificate #235). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Security State Bank's TellerScore?
77 out of 100 (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 State Bank ever failed?
There is no failure record for FDIC certificate #235 in the FDIC failed bank list.
How many branches does Security State Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Sutherland
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Farmers State BankBank Marcus, IA | 88 out of 100, Very strong | $77.2M | 13.2% | 0.51% | vs |
| Citizens State BankBank Sheldon, IA | 87 out of 100, Very strong | $194.7M | 12.5% | 0.00% | vs |
| The First National Bank of PrimgharBank Primghar, IA | 84 out of 100, Strong | $36.3M | 14.3% | 0.00% | vs |
| Cherokee State BankBank Cherokee, IA | 83 out of 100, Strong | $271.1M | 13.0% | 0.00% | vs |
| West Iowa BankBank West Bend, IA | 82 out of 100, Strong | $222.1M | 11.9% | 0.01% | vs |
| The Security National Bank of Sioux City, IowaBank Sioux City, IA | 81 out of 100, Strong | $1.7B | 12.8% | 0.26% | vs |