Security Savings Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
The standout move of Q2 2026 was in Total interest expense: 8.1% higher than in Q1 2026, at $2.7M. Within South Dakota, Security Savings Bank is 46th of 56 on net interest margin, 3.23% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. Security Savings Bank sits 0.72 points lower, at 3.23% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.16% |
| Yield on loans | 5.80% |
| Yield on securities | 1.52% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.05% |
| Cost of interest-bearing deposits | 2.52% |
| Cost of interest-bearing liabilities | 2.52% |
| Cost of borrowings | 0.00% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.23% |
| Yield to cost spread | 2.64% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $6.1M |
| Total interest expense | $2.7M |
| Interest expense on deposits | $2.7M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.27% | 2.01% | 2.38% | 5.01% | 1.68% |
| Q4 2023 | 4.41% | 2.31% | 2.22% | 5.11% | 1.67% |
| Q1 2024 | 4.55% | 2.34% | 2.35% | 5.29% | 1.68% |
| Q2 2024 | 4.82% | 2.55% | 2.41% | 5.50% | 1.68% |
| Q3 2024 | 5.08% | 2.58% | 2.63% | 5.70% | 1.52% |
| Q4 2024 | 5.08% | 2.48% | 2.72% | 5.70% | 1.50% |
| Q1 2025 | 5.04% | 2.21% | 2.94% | 5.61% | 1.43% |
| Q2 2025 | 5.15% | 2.26% | 3.01% | 5.76% | 1.37% |
| Q3 2025 | 5.40% | 2.24% | 3.30% | 5.90% | 1.38% |
| Q4 2025 | 5.25% | 2.20% | 3.17% | 5.87% | 1.32% |
| Q1 2026 | 5.21% | 2.05% | 3.30% | 5.78% | 1.34% |
| Q2 2026 | 5.16% | 2.05% | 3.23% | 5.80% | 1.52% |
Security Savings Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Security Savings Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Security Savings Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15734) · FFIEC NIC profile (RSSD 811747)