Security State Bank
Algona, IA · Cert 15839 · Peer group: banks under $1B in assets in IA (n=134-135) · Burt Bancshares Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
$109.8MAssets
$84.2MLoans
$79.7MDeposits
$30.0MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in IA (rank 45 of 134).
- Widest gap: nonperforming loans / loans trails 89% of banks under $1B in assets in IA (rank 120 of 134).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
2.33%
Rank 2 of 135
Net Interest Margin
4.95%
Rank 1 of 135
Efficiency Ratio
41.35%
Rank 11 of 135
Equity / Assets
27.30%
Rank 4 of 135
Non-interest income vs. expense
Unfavorable gap of $2.2M · efficiency ratio beats 93% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 2.33% | 0.92% | 1.19% | 1.47% | Beats 99% | 2 / 135 | |
| Return on Equity | 8.55% | 7.99% | 10.26% | 13.14% | Beats 33% | 90 / 135 | |
| Net Interest Margin | 4.95% | 2.95% | 3.41% | 3.73% | Beats 99% | 1 / 135 | |
| Efficiency Ratio | 41.35% | 50.61% | 57.35% | 63.29% | Beats 93% | 11 / 135 | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.14% | 0.03% | 0.51% | 1.26% | Beats 11% | 120 / 134 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.03% | Beats 100% | 45 / 134 | |
| Capital |
| Tier 1 Capital Ratio | 27.26% | 11.23% | 13.31% | 15.45% | Beats 93% | 10 / 135 | |
| Total Risk-Based Capital Ratio | 27.26% | 11.61% | 14.06% | 16.47% | Beats 93% | 10 / 135 | |
| Equity / Assets | 27.30% | 9.87% | 11.05% | 13.07% | Beats 97% | 4 / 135 | |
| Liquidity & Funding |
| Loans / Deposits | 105.76% | 68.54% | 81.55% | 91.24% | 93rd pctl | 9 / 134 | |
| Loans / Assets | 76.70% | 57.61% | 68.06% | 76.23% | 76th pctl | 33 / 135 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |