The Security State Bank (Emery, SD)
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Data as of · sourced from FFIEC call reports. How we update
The Security State Bank is an FDIC-insured commercial bank headquartered in Emery, SD, established in 1920 (FDIC certificate 15749), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $64.8M, up 5.4% from Q2 2025, the 48th largest of 56 banks headquartered in South Dakota. Its CET1 capital ratio was 43.35% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 15749
- Headquarters
- Emery, SD
- Established
- 1920
- Total assets, Q2 2026
- $64.8M
- Assets vs Q2 2025
- +5.4%
- CET1 ratio, Q2 2026
- 43.35%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091408909
- Holding company
- EMERY SECURITY BANCORPORATION, INC.
- Asset rank in state
- 48th of 56 in South Dakota
The Security State Bank runs leaner than most banks of its size. It reported $65 million in assets at June 30, 2026, up 5.4% from a year earlier. It spends about 36 cents to bring in each dollar of revenue, about half the median of 69 cents for the 583 banks with less than $100 million in assets. It also carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 1.4%).
Net income for the quarter slipped 11% from a year earlier, to $311,000. Over the same year, loans shrank 7.9% and deposits grew 4.2%. One more trend to watch: delinquency has appeared in its $3.8 million commercial and industrial book: 0.53% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, The Security State Bank reported a CET1 capital ratio of 43.35%, a return on assets of 1.98%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 56 banks headquartered in South Dakota, The Security State Bank is the 48th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 4.9% to $64.8M, loans fell 10.1% and deposits rose 5.4%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 53.4% of total loans, ahead of commercial and industrial loans at 22.3%. Its 2 offices in the FDIC Summary of Deposits are in Emery, SD and Canistota, SD; its Emery office books 62% of its branch deposits. On its Q2 2026 call report, The Security State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 117 N 3rd St, Emery, SD 57332
- County
- Hanson
- Metro Area
- Mitchell, SD
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- January 1, 1920
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 7
- Domestic deposits
- $52.2M
- Allowance for credit losses
- $173K
- Net charge-offs (YTD)
- $0
- Average total assets
- $62.9M
- Average total loans
- $18.2M
- Average interest-bearing deposits
- $35.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 1, 1940
- FDIC Cert
- 15749
- Fed RSSD
- 285553
- Website
- www.thesecuritystatebank.com →
- Parent Holding Company
- EMERY SECURITY BANCORPORATION, INC. (RSSD 1127771)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, The Security State Bank's total assets ranged from $57.9M (Q4 2024) to $64.8M (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
$64.8M total assets against $61.5M; $52.5M total liabilities against $50.5M.
$16.8M net loans and leases against $18.2M; $52.2M total deposits against $50.1M.
$10.9M securities against $10.9M; $35.6M cash and balances due against $30.9M.
$795K total interest income against $813K; $143K total interest expense against $139K.
$652K net interest income against $674K.
$4K total noninterest income against $3K; $237K total noninterest expense against $201K.
$0 provision for credit losses against $3K.
$311K net income against $350K.
1.98% return on assets against 2.35%; 4.28% net interest margin against 4.67%.
43.35% CET1 capital ratio against 38.20%; 19.51% tier 1 leverage ratio against 18.47%.
Inside the full The Security State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Security State Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.62% (Q4 2024) to 2.54% (Q4 2025) and its net interest margin ran from 4.28% (Q2 2026) to 4.76% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 43.35% | 1.98% | 0.00% | 0.00% | 4.28% |
| Q1 2026 | 41.05% | 2.04% | 0.00% | 0.00% | 4.41% |
| Q4 2025 | 39.02% | 2.54% | 0.00% | 0.00% | 4.63% |
| Q3 2025 | 39.23% | 1.73% | 0.00% | 0.00% | 4.76% |
| Q2 2025 | 38.20% | 2.35% | 0.02% | 0.04% | 4.67% |
| Q1 2025 | 39.11% | 2.27% | 0.00% | 0.00% | 4.68% |
| Q4 2024 | 37.89% | 1.62% | 0.00% | 0.00% | 4.73% |
| Q3 2024 | 41.06% | 1.78% | 0.02% | 0.04% | 4.76% |
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 |
|---|---|---|---|
| The Security State Bank | Emery , SD | 57332 | $32.4M |
| Canistota Branch | Canistota , SD | 57012 | $19.8M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in SD, rank 63 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2019 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 The Security State Bank
What are The Security State Bank's total assets?
As of the Q2 2026 filing, The Security State Bank reported total assets of $64.8 million in its FFIEC call report.
Where is The Security State Bank headquartered?
It is headquartered in Emery, SD, United States.
When was The Security State Bank founded?
It was established in 1920, per the FDIC institution directory.
Is The Security State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15749). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Security State Bank?
The Security State Bank's primary federal regulator is the FDIC.
What is The Security State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 43.35% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Security State 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 The Security State Bank's Texas Ratio?
Its Texas Ratio is 0.00% 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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