Security Savings Bank (Monmouth, IL)
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Data as of · sourced from FFIEC call reports. How we update
Security Savings Bank is an FDIC-insured savings bank headquartered in Monmouth, IL, established in 1882 (FDIC certificate 28925), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $241.4M, up 1.6% from Q2 2025, the 172nd largest of 319 banks headquartered in Illinois. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.97% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 28925
- Headquarters
- Monmouth, IL
- Established
- 1882
- Total assets, Q2 2026
- $241.4M
- Assets vs Q2 2025
- +1.6%
- Tier 1 leverage ratio, Q2 2026
- 12.97%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 271172644
- Holding company
- SECURITY BANCORP, MHC
- Asset rank in state
- 172nd of 319 in Illinois
Security Savings Bank, based in Monmouth, Illinois, reported $241 million in assets at June 30, 2026, up 1.6% from a year earlier. It pays an average of 1.16% on its deposits and borrowings, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also holds commercial real estate loans equal to only 38% of its capital, about a third the median of 1.2 times for banks its size.
Problem loans roughly halved over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.30% of loans from 0.73%. Net income for the quarter slipped 20% from a year earlier, to $473,000. Costs are the weak spot: it spends about 75 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
As of June 30, 2026, Security Savings Bank reported a return on assets of 0.77%, a nonperforming-loan ratio of 0.30% and a Texas ratio of 1.56%. The figures come from its call report filed with the FFIEC.
Of the 319 banks headquartered in Illinois, Security Savings Bank is the 172nd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 3.6% to $241.4M, loans rose 1.4% and deposits fell 5.2%. Its loan book on June 30, 2026 was led by agricultural production loans, at 30.9% of total loans, followed by farmland and other real estate loans at 30.9%. The FDIC Summary of Deposits lists 2 offices for it, in Monmouth, IL and Stronghurst, IL; its Monmouth office books 92% of its branch deposits. By the capital ratios in its Q2 2026 call report, Security Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 220 E Broadway, Monmouth, IL 61462
- County
- Warren
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1882
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $210.1M
- Allowance for credit losses
- $1.8M
- Net charge-offs (YTD)
- $10K
- Average total assets
- $244.2M
- Average total loans
- $150.9M
- Average interest-bearing deposits
- $200.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28925
- Fed RSSD
- 708379
- Website
- http://www.securitysavings.com →
- Parent Holding Company
- SECURITY BANCORP, MHC (RSSD 2823696)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Security Savings Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Security Savings Bank's total assets moved between a low of $237.6M (Q2 2025) and a high of $254.6M (Q4 2023) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$241.4M total assets against $237.6M; $214.0M total liabilities against $213.9M.
$150.4M net loans and leases against $149.1M; $210.1M total deposits against $212.2M.
$71.0M securities against $63.3M; $6.6M cash and balances due against $12.1M.
$2.9M total interest income against $2.8M; $647K total interest expense against $741K.
$2.2M net interest income against $2.0M.
$230K total noninterest income against $259K; $1.9M total noninterest expense against $1.5M.
$0 provision for credit losses against $40K.
$473K net income against $593K.
0.77% return on assets against 0.95%; 3.87% net interest margin against 3.51%.
12.97% tier 1 leverage ratio against 11.77%.
Inside the full Security Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeSecurity Savings Bank rankings
Its closest position to the top of a national ranking is 2,749 of 4,196, for total assets; its furthest is 3,029 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.50% (Q3 2024) to 1.13% (Q1 2026) and its net interest margin ran from 2.75% (Q3 2024) to 3.87% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.97% | 0.77% | 0.30% | 1.56% | 3.87% |
| Q1 2026 | 12.49% | 1.13% | 0.46% | 2.40% | 3.86% |
| Q4 2025 | 12.31% | 1.04% | 0.23% | 1.23% | 3.84% |
| Q3 2025 | 12.13% | 0.71% | 0.19% | 1.11% | 3.71% |
| Q2 2025 | 11.77% | 0.95% | 0.73% | 4.33% | 3.51% |
| Q1 2025 | 11.56% | 0.71% | 0.15% | 0.91% | 3.23% |
| Q4 2024 | 11.23% | 0.51% | 0.18% | 1.13% | 2.96% |
| Q3 2024 | 10.98% | 0.50% | 0.21% | 1.24% | 2.75% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Security Savings Bank (main office) | Monmouth , IL | 61462 | $193.6M |
| 200 S Broadway Branch | Stronghurst , IL | 61480 | $16.6M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 202 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Security Savings Bank
What are Security Savings Bank's total assets?
As of the Q2 2026 filing, Security Savings Bank reported total assets of $241.4 million in its FFIEC call report.
Where is Security Savings Bank headquartered?
It is headquartered in Monmouth, IL, United States.
When was Security Savings Bank founded?
It was established in 1882, per the FDIC institution directory.
Is Security Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #28925). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Security Savings Bank?
Security Savings Bank's primary federal regulator is the FDIC.
How many branches does Security Savings Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Security Savings Bank's Texas Ratio?
Its Texas Ratio is 1.56% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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