Security State Bank
Cheyenne, Oklahoma, Roger Mills County
$280M in total assets, the 2,605th largest of 4,309 US banks and 87th of 171 headquartered in Oklahoma.
- FDIC certificate
- 421
- Established
- 1912
- Owned by
- Cheyenne Banking Corp
- Primary regulator
- FDIC
- Website
- www.ssbcheyenne.com
At a glance
Compared with 105 banks headquartered in Oklahoma with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $280M | 42% | $319M | |
| Loans | $174M | 42% | $203M | |
| Deposits | $248M | 42% | $273M | |
| Return on assets | 1.79% | 70% | 1.39% | |
| Net interest margin | 4.51% | 67% | 4.21% | |
| Efficiency ratio | 48.0% | 12% | 60.9% | |
| Equity to assets | 10.48% | 57% | 10.25% | |
| Loans to deposits | 70% | 29% | 80% |
Growth
Total assets grew 2.5% a year over the last 5 years and 4.4% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2020 | Bank of Laverne Laverne, OK | $65M |
| Mar 1992 | Red River Federal Savings and Loan Association, F.A. Lawton, OK | $321M |
Where they operate
3 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Roger Mills County, OK | $178M | 100.0% | 1 of 1 |
| Harper County, OK | $70M | 64.5% | 1 of 2 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 1 branch since 2016 (2 to 3, +50.0%). 0 opened, 1 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 2 | |||
| 2020 | Acquired Bank of Laverne | 1 | 0 | +1 | 3 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Agricultural | 26% | 7% | |
| Farmland | 19% | 8% | |
| 1-4 family residential | 19% | 25% | |
| Business (C&I) | 11% | 14% | |
| Commercial real estate | 10% | 27% | |
| Consumer | 5% | 4% | |
| Multifamily | 1% | 2% | |
| Construction and land | 1% | 9% | |
| Other | 9% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 39% | 34% | |
| Other interest-bearing | 37% | 43% | |
| Noninterest-bearing | 24% | 23% |
Brokered deposits are 8.4% of deposits (peers 5.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.67% | 0.68% |
| Net charge-offs, annualized | 0.05% | 0.02% |
| Reserves to loans | 1.89% | 1.33% |
| Leverage ratio | 10.73% | 10.79% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Oklahoma
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/security-state-bank-cheyenne-ok