First Security Bank in city_name, state_name - Detailed Financial Reports, Location

First Security Bank in Batesville, Mississippi (MS)
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First Security Bank routing number info

First Security Bank - Overview

General
FDIC Certificate #: 17120
Status: Active
Federal Reserve ID: 718145
Bank Holding Company (Regulatory Top Holder): Security Capital Corporation (RSSDID: 1098509, Location: Batesville, MS)
Date Established: July 01, 1952
WWW: http://www.firstsecuritybk.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 17 (Domestic: 17, Interstate: No)
OTS Docket #: 13359
FDIC's unique #: 11163
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 01, 1952
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 295 Highway 6 West, Batesville, MS 38606
County: Panola
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $498.4 mil
Equity capital: $58.9 mil
Deposits held in domestic offices: $410.0 mil
Return on assets (ROA): 0.46% ($2.3 mil)
Quarterly return on assets: 0.62% ($3.1 mil)
Return on Equity (ROE): 4.05% ($2.4 mil)
Quarterly return on equity: 5.31% ($3.1 mil)
Net income: $2.4 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 0.48% ($2,392.5 mil)
Quarterly Pretax return on assets: 0.65% ($3,239.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
182Total employees (full-time equivalent)
$498,446Total assets
$21,716Cash and due from depository institutions
$1,008Interest-bearing balances
$171,191Securities
$23,995Federal funds sold & reverse repurchase agreements
$227,407Net loans & leases
$3,601Loan loss allowance
$0Trading account assets
$20,910Bank premises and fixed assets
$13,937Other real estate owned
$3,874Goodwill and other intangibles
$498,446Life insurance assets
$15,416All other assets
$439,519Total liabilities and capital
$410,002Total liabilities
$328,924Total deposits
$410,002Interest-bearing deposits
$79Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$24,309Trading liabilities
$0Other borrowed funds
$5,208Subordinated debt
$58,927All other liabilities
$58,927Total equity capital
$58,927Total bank equity capital
$0Perpetual preferred stock
$550Common stock
$14,578Surplus
$43,799Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,473Income earned, not collected on loans
$0Earning assets
$2,785Long-term assets (5+ years)
$423,601Average Assets, year-to-date
$120,321Average Assets, quarterly
$511,787Volatile liabilities
$506,448Insider loans
$292,352FHLB advances
$504,867Loans and leases held for sale
$6,885Unused loan commitments
$5,796Tier 1 (core) risk-based capital
$52,644Tier 2 risk-based capital
$0Total risk weighted assets
$1,089Total unused commitments
$22,687Restructured Loans and leases
$4,285Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,574Total interest income
$3,073Total interest expense
$15,501Net interest income
$2,694Provision for loan and lease losses
$6,497Total noninterest income
$866Fiduciary activities
$4,133Service charges on deposit accounts
$0Trading account gains & fees
$1,498Additional noninterest income
$17,196Total noninterest expense
$10,322Salaries and employee benefits
$2,424Premises and equipment expense
$4,450Additional noninterest expense
$2,108Pre-tax net operating income
$348Securities gains (losses)
$84Applicable income taxes
$2,372Income before extraordinary items
$0Extraordinary gains - net
$2,372Net income attributable to bank
$0Net charge-offs
$2,372Cash dividends
$3,299Sale, conversion, retirement of capital stock, net
$1,452Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.23%Yield on earning assets
0.70%Cost of funding earning assets
3.53%Net interest margin
1.48%Noninterest income to earning assets
3.91%Noninterest expense to earning assets
0.40%Net operating income to assets
0.46%Return on assets (ROA)
0.48%Pretax return on assets
4.05%Return on equity (ROE)
1.57%Retained earnings to average equity (YTD only)
1.37%Net charge-offs to loans
81.66%Credit loss provision to net charge-offs
1.46%Efficiency ratio
78,171Assets per employee
2.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.21%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
55.63%Noncurrent assets plus other real estate owned to assets
4.09%Noncurrent loans to loans
2.80%Net loans and leases to deposits
55.46%Net loans and leases to core deposits
59.88%Equity capital to assets
11.82%Core capital (leverage) ratio
10.43%Tier 1 risk-based capital ratio
18.01%Total risk-based capital ratio
Memoranda
$19Average assets
$511,787Average earning assets
$58,510Average equity
$439,362Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$206,713Managed Assets
1Number of Accounts
$149,626Personal trust and agency accounts
$99,419Employee benefit-defined contribution accounts
$10,485Employee benefit-defined benefit accounts
$0Other retirement accounts
$18,987Corporate trust and agency accounts
$3,791Investment management agency accounts
$16,944Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1986Number of Accounts
$0Personal trust and agency accounts
$18,809Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$57,087Other retirement accounts
$257Corporate trust and agency accounts
$20,371Other fiduciary accounts
$24,986Fiduciary accounts held in foreign offices

List of branches

17 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11163	First Security Bank	295 Highway 6 West, Batesville, MS 38606	July 01, 1952	Full Service Brick and Mortar
3	240597	Express Branch	130 Higheay 51 North, Batesville, MS 38606	November 29, 1985	Limited Service Facility
5	6789	Sardis Branch	201 South Main Street, Sardis, MS 38666	January 01, 1876	Full Service Brick and Mortar
6	247249	Marks Branch	1651 Charley Pride Hwy S, Marks, MS 38646	October 15, 1975	Full Service Brick and Mortar
8	7305	Como Branch	227 Main Street, Como, MS 38619	January 01, 1900	Full Service Brick and Mortar
9	267	Crenshaw Branch	729 Broad Street, Crenshaw, MS 38621	August 04, 1903	Full Service Brick and Mortar
10	218725	Tunica Branch	1262 East Edwards, Tunica, MS 38676	July 21, 1999	Full Service Brick and Mortar
11	240600	Power Drive Branch	230 Power Drive, Batesville, MS 38606	July 12, 1999	Full Service Brick and Mortar
12	360858	Robinsonville Branch	11490 Old Highway 61 North, Robinsonville, MS 38664	June 29, 2001	Full Service Brick and Mortar
13	362289	Olive Branch Branch	6659 Highway 305, Olive Branch, MS 38654	October 08, 2001	Full Service Brick and Mortar
14	364005	Hernando Branch	985 E. Commerce Street, Hernando, MS 38632	July 01, 2002	Full Service Brick and Mortar
16	420291	Pope Branch	7024 Highway 51 N, Pope, MS 38658	August 22, 2003	Full Service Brick and Mortar
17	439315	First Security Bank - Southaven Bran	3035 Church Road East, Southaven, MS 38672	March 14, 2005	Full Service Brick and Mortar
18	441011	Trust Office	275 Highway 6 West, Batesville, MS 38606	June 03, 2005	Limited Service Trust
19	455708	First Security Bank - Goodman Road B	5028 Goodman Road, Olive Branch, MS 38654	October 16, 2006	Full Service Brick and Mortar
20	456645	Sardis Branch	610 East Lee Street, Sardis, MS 38666	October 23, 2006	Full Service Brick and Mortar
21	489971	Barton Branch	4417 Highway 302, Olive Branch, MS 38654	Febuary 19, 2009	Full Service Brick and Mortar

First Security Bank in Batesville, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Security Bank in Batesville, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Security Bank in Batesville, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches