First Security Bank & Trust Company in Norton, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Security Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 4741
    Status: Active
    Federal Reserve ID: 393757
    Bank Holding Company (Regulatory Top Holder): First Norton Corporation (RSSDID: 1845262, Location: Norton, KS)
    Date Established: May 20, 1887
    WWW: http://www.nbanker.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 52610
    FDIC's unique #: 3158
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 201 East Main Street, Norton, KS 67654
    County: Norton
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $61.6 mil
    Equity capital: $9.1 mil
    Deposits held in domestic offices: $47.9 mil
    Return on assets (ROA): 0.78% ($0.5 mil)
    Quarterly return on assets: 2.14% ($1.3 mil)
    Return on Equity (ROE): 5.51% ($0.5 mil)
    Quarterly return on equity: 14.86% ($1.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.78% ($480.8 mil)
    Quarterly Pretax return on assets: 2.14% ($1,319.2 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
  • 17Total employees (full-time equivalent)
  • $61,646Total assets
  • $2,292Cash and due from depository institutions
  • $32Interest-bearing balances
  • $18,882Securities
  • $9,000Federal funds sold & reverse repurchase agreements
  • $28,738Net loans & leases
  • $1,130Loan loss allowance
  • $0Trading account assets
  • $286Bank premises and fixed assets
  • $466Other real estate owned
  • $885Goodwill and other intangibles
  • $61,646Life insurance assets
  • $1,097All other assets
  • $52,534Total liabilities and capital
  • $47,898Total liabilities
  • $38,098Total deposits
  • $47,898Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 2500.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $136Subordinated debt
  • $9,112All other liabilities
  • $9,112Total equity capital
  • $9,112Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $8,356Surplus
  • $456Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22Income earned, not collected on loans
  • $0Earning assets
  • $500Long-term assets (5+ years)
  • $56,652Average Assets, year-to-date
  • $19,660Average Assets, quarterly
  • $60,221Volatile liabilities
  • $62,263Insider loans
  • $37,432FHLB advances
  • $61,496Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,834Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,163Restructured Loans and leases
  • $1,049Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,771Total interest income
  • $463Total interest expense
  • $2,308Net interest income
  • $6Provision for loan and lease losses
  • -$13Total noninterest income
  • $0Fiduciary activities
  • $94Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$107Additional noninterest income
  • $1,937Total noninterest expense
  • $1,138Salaries and employee benefits
  • $208Premises and equipment expense
  • $591Additional noninterest expense
  • $352Pre-tax net operating income
  • $116Securities gains (losses)
  • $0Applicable income taxes
  • $468Income before extraordinary items
  • $0Extraordinary gains - net
  • $468Net income attributable to bank
  • $0Net charge-offs
  • $468Cash dividends
  • -$121Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.32%Net interest margin
  • -0.02%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 5.51%Return on equity (ROE)
  • 5.51%Retained earnings to average equity (YTD only)
  • -0.38%Net charge-offs to loans
  • -4.96%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 84,401Assets per employee
  • 3.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.78%Loss allowance to noncurrent loans
  • 5136.36%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 60.00%Net loans and leases to core deposits
  • 63.68%Equity capital to assets
  • 14.78%Core capital (leverage) ratio
  • 12.74%Tier 1 risk-based capital ratio
  • 20.93%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $60,221Average earning assets
  • $8,496Average equity
  • $53,423Average 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
  • $52Managed Assets
  • 1Number of Accounts
  • $52Personal trust and agency accounts
  • $42Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $10Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03158First Security Bank & Trust Company201 East Main Street, Norton, KS 67654May 20, 1887Full Service Brick and Mortar
    1895Lenora Branch105 South Main Street, Lenora, KS 67645January 01, 1886Full Service Brick and Mortar

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