Security State 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 largest change between Q1 2026 and Q2 2026 was in Net interest margin, which fell 0.24 percentage points to 3.69%. Within South Dakota, Security State Bank is 35th of 56 on net interest margin, 3.69% as of Q2 2026. Security State Bank reported 3.69% on net interest margin for Q2 2026, 0.25 points below the 3.94% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.33% |
| Yield on loans | 7.29% |
| Yield on securities | 2.83% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.69% |
| Cost of interest-bearing deposits | 2.26% |
| Cost of interest-bearing liabilities | 2.26% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.69% |
| Yield to cost spread | 3.07% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $969K |
| Total interest expense | $401K |
| Interest expense on deposits | $401K |
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 | 4.86% | 1.78% | 3.16% | 7.17% | 1.28% |
| Q4 2023 | 4.11% | 1.68% | 2.54% | 5.72% | 1.29% |
| Q1 2024 | 5.47% | 1.78% | 3.78% | 7.78% | 1.41% |
| Q2 2024 | 5.55% | 1.97% | 3.63% | 7.70% | 1.34% |
| Q3 2024 | 5.77% | 2.03% | 3.83% | 7.82% | 1.39% |
| Q4 2024 | 3.03% | 2.07% | 1.06% | 3.61% | 1.62% |
| Q1 2025 | 7.47% | 2.17% | 5.40% | 10.37% | 1.93% |
| Q2 2025 | 6.17% | 2.20% | 4.07% | 8.62% | 2.13% |
| Q3 2025 | 6.71% | 2.20% | 4.60% | 9.50% | 2.43% |
| Q4 2025 | 6.05% | 1.95% | 4.17% | 8.61% | 2.64% |
| Q1 2026 | 5.62% | 1.71% | 3.93% | 7.74% | 2.89% |
| Q2 2026 | 5.33% | 1.69% | 3.69% | 7.29% | 2.83% |
Security State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 16448) · FFIEC NIC profile (RSSD 270652)