First Security Bank in Searcy, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Security Bank - Overview

  • General
  • FDIC Certificate #: 5633
    Status: Active
    Federal Reserve ID: 673440
    Bank Holding Company (Regulatory Top Holder): First Security Bancorp (RSSDID: 1096505, Location: Searcy, AR)
    Date Established: Febuary 06, 1932
    WWW: http://www.fsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 73 (Domestic: 73, Interstate: No)
    OTS Docket #: 10278
    FDIC's unique #: 3838
    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: January 01, 1934
    Last Structure Change Effective Date: June 12, 2009
    Last Structure Change Process Date: June 12, 2009
    Last Data Update: June 12, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 314 North Spring Street, Searcy, AR 72143
    County: White
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
    Core Based Statistical Area (CBSA): Searcy, AR (#42620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Name Change
  • Financial Summary
  • Total assets: $4,011.4 mil
    Equity capital: $435.4 mil
    Deposits held in domestic offices: $3,167.1 mil
    Return on assets (ROA): 2.32% ($93.1 mil)
    Quarterly return on assets: 2.50% ($100.3 mil)
    Return on Equity (ROE): 22.89% ($99.6 mil)
    Quarterly return on equity: 23.44% ($102.0 mil)
    Net income: $87.7 mil
    Quarterly Net income: $24.8 mil
    Pretax return on assets: 2.63% ($105,498.9 mil)
    Quarterly Pretax return on assets: 2.86% ($114,725.1 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
  • 741Total employees (full-time equivalent)
  • $4,011,366Total assets
  • $86,459Cash and due from depository institutions
  • $16,883Interest-bearing balances
  • $2,064,707Securities
  • $36,475Federal funds sold & reverse repurchase agreements
  • $1,617,402Net loans & leases
  • $39,890Loan loss allowance
  • $0Trading account assets
  • $84,075Bank premises and fixed assets
  • $27,930Other real estate owned
  • $23,527Goodwill and other intangibles
  • $4,011,365Life insurance assets
  • $70,791All other assets
  • $3,575,964Total liabilities and capital
  • $3,167,080Total liabilities
  • $2,776,966Total deposits
  • $3,167,080Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 139907.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $254,554Trading liabilities
  • $0Other borrowed funds
  • $14,423Subordinated debt
  • $435,401All other liabilities
  • $435,401Total equity capital
  • $435,401Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $79,365Surplus
  • $355,436Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $22,205Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $17,517Income earned, not collected on loans
  • $0Earning assets
  • $36,042Long-term assets (5+ years)
  • $3,735,467Average Assets, year-to-date
  • $2,014,958Average Assets, quarterly
  • $3,779,873Volatile liabilities
  • $3,963,227Insider loans
  • $2,518,253FHLB advances
  • $3,949,812Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $365,196Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $265,538Restructured Loans and leases
  • $105,465Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $195,434Total interest income
  • $34,476Total interest expense
  • $160,958Net interest income
  • $12,305Provision for loan and lease losses
  • $23,408Total noninterest income
  • $1,583Fiduciary activities
  • $9,460Service charges on deposit accounts
  • $0Trading account gains & fees
  • $12,365Additional noninterest income
  • $75,328Total noninterest expense
  • $38,651Salaries and employee benefits
  • $10,450Premises and equipment expense
  • $26,227Additional noninterest expense
  • $96,733Pre-tax net operating income
  • $2,608Securities gains (losses)
  • $11,655Applicable income taxes
  • $87,686Income before extraordinary items
  • $0Extraordinary gains - net
  • $87,686Net income attributable to bank
  • $0Net charge-offs
  • $87,686Cash dividends
  • $9,210Sale, conversion, retirement of capital stock, net
  • $6,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.57%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 2.26%Net operating income to assets
  • 2.32%Return on assets (ROA)
  • 2.63%Pretax return on assets
  • 22.89%Return on equity (ROE)
  • 21.33%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 133.60%Credit loss provision to net charge-offs
  • 11.84%Efficiency ratio
  • 39,817Assets per employee
  • 5.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.84%Loss allowance to loans
  • 2.41%Loss allowance to noncurrent loans
  • 227.72%Noncurrent assets plus other real estate owned to assets
  • 1.13%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 51.07%Net loans and leases to core deposits
  • 57.34%Equity capital to assets
  • 10.85%Core capital (leverage) ratio
  • 9.25%Tier 1 risk-based capital ratio
  • 14.50%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $3,779,873Average earning assets
  • $383,017Average equity
  • $3,507,678Average 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
  • $476,848Managed Assets
  • 1Number of Accounts
  • $104,368Personal trust and agency accounts
  • $23,768Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $606Corporate trust and agency accounts
  • $9,043Investment management agency accounts
  • $69,875Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1,076Non-managed Assets
  • 818Number of Accounts
  • $0Personal trust and agency accounts
  • $606Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $372,480Other retirement accounts
  • $277,460Corporate trust and agency accounts
  • $44,224Other fiduciary accounts
  • $10,593Fiduciary accounts held in foreign offices

List of branches

  • 73 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03838First Security Bank314 North Spring Street, Searcy, AR 72143Febuary 06, 1932Full Service Brick and Mortar
    1207921Mcrae BranchGrand Avenue, Mcrae, AR 72102January 02, 1951Full Service Brick and Mortar
    3207923East Race Branch2800 East Race Avenue, Searcy, AR 72143September 18, 1972Full Service Brick and Mortar
    4207924Pangburn BranchChurch And Searcy Streets, Pangburn, AR 72121October 15, 1973Full Service Brick and Mortar
    5207925Beebe Capps2531 W Beebe-Capps Expressway, Searcy, AR 72143September 08, 1980Full Service Brick and Mortar
    67972Griffithville BranchHighway 385, Griffithville, AR 72060January 01, 1905Full Service Brick and Mortar
    7872Judsonia BranchJefferson And Van Buren Streets, Judsonia, AR 72081May 29, 1913Full Service Brick and Mortar
    9207926South Main Branch1118 South Main Street, Searcy, AR 72143December 15, 1993Full Service Brick and Mortar
    10285335110 South 7th Branch110 South 7th, Heber Springs, AR 72543January 01, 1972Full Service Brick and Mortar
    11285336Gin Creek Branch2800 East Race Avenue, Searcy, AR 72143January 01, 1972Limited Service Administrative
    13190066Dewitt Henry Drive FacilityDewitt Henry Drive, Beebe, AR 72012November 16, 1976Full Service Brick and Mortar
    14190067Center Street Branch400 West Center Street, Beebe, AR 72012March 21, 1994Full Service Brick and Mortar
    15190068Cabot Branch205 West Pine Street, Cabot, AR 72023July 05, 1994Full Service Brick and Mortar
    16207927906 South Pine Branch906 South Pine, Suite 14, Cabot, AR 72023January 18, 1999Full Service Brick and Mortar
    17207928Fayetteville Main Branch1219 East Joyce Boulevard, Fayetteville, AR 72703June 21, 1999Full Service Brick and Mortar
    192079301140 Highway 25b Branch1140 Highway 25b, Heber Springs, AR 72543October 05, 1999Full Service Brick and Mortar
    21207932West Walnut Street Branch3901 West Walnut Street, Rogers, AR 72756November 12, 1999Full Service Brick and Mortar
    22301159Fayetteville East Branch2630 Citizens Drive, Suite 1, Fayetteville, AR 72701Febuary 24, 2000Full Service Brick and Mortar
    23358790Bella Vista Branch31 Cunningham Corner, Bella Vista, AR 72714August 21, 2000Full Service Brick and Mortar
    24360335West Sunset Branch2863 West Sunset, Springdale, AR 72762June 07, 2001Full Service Brick and Mortar
    25361964Highway 12 Branch14512 Highway 12 East, Rogers, AR 72757September 04, 2001Full Service Brick and Mortar
    26418641University Branch435 North Garland, Suite 208, Fayetteville, AR 72701April 08, 2003Full Service Brick and Mortar
    27419200West Sixth Street Branch2630 West 6th Street, Fayetteville, AR 72701June 09, 2003Full Service Brick and Mortar
    282538The First N.B. Of Springdale Branch100 West Emma Street, Springdale, AR 72764January 01, 1907Full Service Brick and Mortar
    30202114South Thompson Branch5208 South Thompson, Springdale, AR 72764August 29, 1988Full Service Brick and Mortar
    31202115East Branch2012 East Robinson Avenue, Springdale, AR 72764June 13, 1994Full Service Brick and Mortar
    32366088Messenger Service/Benton & Washingto100 West Emma, Springdale, AR 72764January 09, 2003Limited Service Messenger
    33430236Rogers Pinnacle Branch3333 Pinnacle Hills Pkwy, Rogers, AR 72756December 31, 2003Full Service Brick and Mortar
    34430990Lowell Branch400 West Monroe, Lowell, AR 72745August 09, 2004Full Service Brick and Mortar
    35431430Springdale West Branch2500 West Sunset, Springdale, AR 72764January 01, 2004Full Service Brick and Mortar
    36439314President Clinton Avenue Branch521 President Clinton Avenue, Little Rock, AR 72201November 02, 2004Full Service Brick and Mortar
    37442491Little Rock Cantrell Branch11300 Cantrell Ste 100, Little Rock, AR 72201September 14, 2004Full Service Brick and Mortar
    38444966Fayetteville Branch11 North College Avenue, Fayetteville, AR 72701September 12, 2005Full Service Brick and Mortar
    43201999Coal Hill Branch502 East Highway 64, Coal Hill, AR 72832September 15, 1971Full Service Brick and Mortar
    44357735Harvest Foods Branch502 South Crawford Street, Clarksville, AR 72830March 22, 2000Full Service Brick and Mortar
    45446291Clarksville Branch214 West Main Street, Clarksville, AR 72830April 17, 2003Full Service Brick and Mortar
    46446824Little Rock Branch4934 And 4936 West Markham Street, Little Rock, AR 72205November 15, 2005Full Service Brick and Mortar
    47454256Maumelle Branch12005 Crystal Hill Road, Maumelle, AR 72113July 28, 2006Full Service Brick and Mortar
    48455615Bentonville Branch2300 South Walton Boulevard, Bentonville, AR 72712October 02, 2006Full Service Brick and Mortar
    49455626Cabot Highway 89 Branch2255 West Main Street, Cabot, AR 72023April 25, 2006Full Service Brick and Mortar
    50455627Jonesboro Branch613 Southwest Drive, Jonesboro, AR 72401October 02, 2006Full Service Brick and Mortar
    51455628Stadium Boulevard - Jonesboro Branch1341 Stadium Boulevard, Jonesboro, AR 72401September 18, 2006Full Service Brick and Mortar
    52455629Branch At The Ranch Branch17810 Cantrell Road, Little Rock, AR 72223September 05, 2006Full Service Brick and Mortar
    53466071Broadway North Little Rock Branch415 East Broadway, North Little Rock, AR 72114January 04, 2007Full Service Brick and Mortar
    54466072Beebe West Branch20 Highway 64 West, Beebe, AR 72012January 15, 2007Full Service Brick and Mortar
    55466073Bryant Branch20697 I-30, Bryant, AR 72022April 16, 2007Full Service Brick and Mortar
    563829First Security Bank Of Mountain Home105 East Ninth Street, Mountain Home, AR 72653August 10, 1906Full Service Brick and Mortar
    57207902Northeast Branch949 U.S. Highway 62 N.E., Mountain Home, AR 72653March 01, 1978Full Service Brick and Mortar
    58207903Gassville BranchHighway 62 And 126 East, Gassville, AR 72635December 06, 1996Full Service Brick and Mortar
    5910407Central Boulevard BranchCentral Boulevard, Bull Shoals, AR 72619November 01, 1944Full Service Brick and Mortar
    60363217Wal-Mart Super Center Branch2763 Highway 62 East, Mountain Home, AR 72653Febuary 20, 2002Full Service Brick and Mortar
    614452345 North Office520 Highway 5 North, Mountain Home, AR 72654October 17, 2005Full Service Brick and Mortar
    62445985First Security Bank Of Mountain Home601 East Main Street, Mountain View, AR 72560November 15, 2005Full Service Brick and Mortar
    63478283Indian Hills North Little Rock Branc6855 Jfk Boulevard, North Little Rock, AR 72114June 23, 2008Full Service Brick and Mortar
    6447250Conway Branch1001 Front Street, Conway, AR 72032September 16, 1991Full Service Brick and Mortar
    65289668Greenbrier Branch7 Wilson Farm Road, Greenbrier, AR 72058May 04, 1995Full Service Brick and Mortar
    66289669Northwest Branch1390 Highway 64 West, Conway, AR 72032June 05, 1995Full Service Brick and Mortar
    67289670Westside Station Branch801 Hogan Road, Conway, AR 72032January 15, 1998Full Service Brick and Mortar
    68289671East Branch1110 E Oak, Conway, AR 72032August 17, 1998Full Service Brick and Mortar
    69289672Prince St Branch2925 Prince, Conway, AR 72032April 26, 1999Full Service Brick and Mortar
    70418748Dave Ward Branch2101 Dave Ward Drive, Conway, AR 72032November 01, 2002Full Service Brick and Mortar
    71431747Clinton Banking Center Branch112 Volunteers Parkway, Clinton, AR 72031June 30, 2004Full Service Brick and Mortar
    72444285Vilonia Banking Center Branch1137 Main St., Vilonia, AR 72173November 29, 2004Full Service Brick and Mortar
    73480017Mayflower Banking Center Branch624 Highway 365 South, Mayflower, AR 72106November 26, 2007Full Service Brick and Mortar
    7411334207 West Conway Street Branch207 West Conway Street, Benton, AR 72015January 11, 1954Full Service Brick and Mortar
    75241445Bryant Branch1823 North Reynolds Road, Bryant, AR 72022August 15, 1969Full Service Brick and Mortar
    76241447Salem Branch1212 Salem Road, Benton, AR 72015April 10, 1995Full Service Brick and Mortar
    7744191The Union Bank Of Bryant Branch5619 Highway 5 North, Bryant, AR 72022January 01, 1962Full Service Brick and Mortar
    78480929Military Branch1401 Military Road, Benton, AR 72015July 07, 2008Full Service Brick and Mortar
    79508671Markham I-430 Branch10421 West Markham, Little Rock, AR 72205October 01, 2009Full Service Brick and Mortar
    80508672Little Rock Heights Branch5600 Kavanaugh Drive, Little Rock, AR 72207May 05, 2010Full Service Brick and Mortar
    81509361Clarksville South Rogers Branch1007 South Rogers, Clarksville, AR 72830March 21, 2010Full Service Brick and Mortar
    84202000Cravens Street Drive-Up Bking Ctr Br115 North Cravens Street, Clarksville, AR 72830October 29, 1979Limited Service Facility

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