# SECURITY SAVINGS BANK
GOWRIE, IA · FDIC certificate 14208 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $193.7M | |
| Deposits | $161.1M | |
| Loans and leases | $146.2M | |
| Total equity | $28.4M | |
| Loans / deposits | 89.34% (p78 of band) | 73.59% |
| Liquid assets / assets | 18.78% (p19 of band) | |
| Uninsured deposits / deposits | 20.41% (p52 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.16% (p55 of band) | |
| FHLB advances / assets | 0.13% | |
| Tier 1 leverage | 13.17% (p65 of band) | 11.76% |
| Unrealized securities loss / equity | -2.34% (p69 of band) | -6.57% |
| AOCI / equity | -0.65% (p38 of band) | |
| ROA (annualized) | 2.22% (p90 of band) | 1.17% |
| Net interest margin | 4.72% (p83 of band) | 3.93% |
| Efficiency ratio | 49.47% (p13 of band) | |
| Noncurrent loans | 0.04% (p29 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p15 of band) | |
| Reserve coverage of noncurrent | 3861.02% | |
| Real estate % of loans | 50% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $3.9M (2.66% of loans; DQ 0.46%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -1.1% | |
| Employees | 41 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 | AOCI drag >20% of equity | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | deposits shrinking |  |
| 2015-06 | 0 |  | deposits shrinking |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | deposits shrinking |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | deposits shrinking |
| 2019-06 | 1 | charge-offs p90 |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | charge-offs p90 |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 1 | charge-offs p90 |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | capital falling | charge-offs p90 |
| 2022-06 | 1 |  |  |
| 2022-09 | 0 |  | capital falling |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | deposits shrinking |  |
| 2023-12 | 0 |  | deposits shrinking |
| 2024-03 | 1 | charge-offs p90 |  |
| 2024-06 | 0 |  | charge-offs p90 |
| 2024-09 | 1 | deposits shrinking |  |
| 2024-12 | 1 | assets shrinking | deposits shrinking |
| 2025-03 | 0 |  | assets shrinking |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2018-06-01 [Here's why this rural Iowa-based bank opened a large Sioux Falls office - Argus Leader](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPc1U0VnJqb3JFc21yczl0dnZxbjZrYjZKRTNsTk1TdkdJZGVMWTRaN28taUdONjdQVjFyeEh2bmpOdlZlUUxSS3hWT09rWTYtQkNTeS1uLUxhMnljVjB5VTJPNEZaWFI1U1VhQWJRYk1uejNzNlBtRmQxamlrY1dtc0FtWjlQZzJrLW5tWWI2cDN6bERvbFk5b3FwNUlUc2lXRU5ZTFZrQ01YWDdXTVl5SzZ4X3RIZWEzenNlS2xxVWhadVBabDljaFRTVUlYLUtuQWRMbFZOSm1sMXlDOWc?oc=5) · Argus Leader
- 2018-05-16 [Security Savings Bank starts to serve Sioux Falls - SiouxFalls.Business](https://news.google.com/rss/articles/CBMihAFBVV95cUxPNUFFV0dqaEZ5R2lOdzNRa3loaU1mQjlZWnlYTVJkU1ozeTE1UkxXaFFicVdxeWxNNFFnTXN5TS1icWY1WHJLMlpIY0RCdmZhWW5lNjEteTVxU2NXeEFEaWVwVjZ2dmtSWEdyaXpubkNSTjZMUHNfN1lzZ2VPSV9tOV9kQzc?oc=5) · SiouxFalls.Business
- 2017-08-03 [Security Savings Bank undergoes renovations - The N'West Iowa REVIEW](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPZmVRaWl4Y0ZwdWpJZWZOUk5icDQ4dGl6ZXhfNzJVYUtTM1J0WWI2VHNiRmZFamZBNGU0WS1mdDlnNzhxRU5EcTBvMnpfRUd2SzVYX3Q2VjdCYnJJQ2JkMWlKd2oxRWxfZDlhbDlqLTMzaEl6OWt4RXlfMXRhQ1REY25KeUxOZUhoNktqZmRRemhMdGczQTQ3S2phVWFVOV84ODFwSUJLMkgyQURsdzlKYVFPZGpBeWZlaWVCX2pvQ3NCUQ?oc=5) · The N'West Iowa REVIEW
- 2025-08-14 [Jackson Gillen Receives Security Savings Bank Academic Scholarship - Radio Monmouth, IL](https://news.google.com/rss/articles/CBMimwFBVV95cUxOazBGUnlIa2duNFhJTEVWNXlDUE5JVGJ6UXFzLU1LdEc5QlE4SzNDMkEzOEJEamtCdjA5dUNOVFZENnBIZWNkaHJISUpDOWNlZGRKZ25DTHlURUJmdDR0V2pMYno3UnhVMnhWUXRpZ25kdzE0UVRXbjVyaC16ZTRidGV0SUttWlRVQThjLWRWUWdSeWpOcEtSbmZJaw?oc=5) · Radio Monmouth, IL
- 2018-12-31 [Two regional banks to merge - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFAtMjZhOURGTHBNNUlCbFBmMUI5R0FOeHhMR3lMOER4QlhZanBLV1J5MnVWVDZrNzJTbG1WZEpQNFJKXzhjUW9LbjB2aWVFdnpvNUxvSEdhMFRGUDJzWjFKUjhGSThtWEE?oc=5) · SiouxFalls.Business
- 2019-01-13 [Security Savings Bank announces advisory board members - Messenger News](https://news.google.com/rss/articles/CBMiswFBVV95cUxPOFA1aHZ1UDFaMnJvMWxkaHVEYWtRVlJwT2ZoWnF1MC1JQmVmU2s5b29zVnNtVy0yMWM0WXNFZ2VzcXJMZVpRSm8yOWtFQWtvYy1odjNwNkxLOEhLa0g2bzNlWF9ibDhLRUUydWJFbzdhcld5Q0JxRU5nbmNZUmVSTmZBYWg5RTVpR2VsLWVOSk1rT3ZkLXEtWkZoZjNZV0lFODk5NlBEX2piRjIxYjNzREFaYw?oc=5) · Messenger News
- 2019-06-26 [Northwest Iowa bank to enter Sioux Falls market - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiggFBVV95cUxNNHJHci1yT2diVDZXbVFmRlMwd1dGLThCa1JPMndKaU1PNTJla3djWmJOc1B4UURDclNfMjV0MS0xU05RVi1wWTlBTjF5Rlp3eGQxT3pBbmxlenluNmRSclpaYTR6LXZLeDY5NEowcnU0OTBkcVNlZnRxMnp6LUhfZHFB?oc=5) · SiouxFalls.Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14208 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "14208", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide