Security Bank, FSB in Billings, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1997

  • Security Bank, FSB in Billings, Montana (MT)
  • Show street view No street view available for this location

Security Bank, FSB - Overview

  • General
  • FDIC Certificate #: 27973
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Western Security Bank (#28280)
    Federal Reserve ID: 965471
    Date Established: January 01, 1919
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 656
    FDIC's unique #: 40807
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: March 31, 1937
    Last Structure Change Effective Date: Febuary 28, 1997
    Last Structure Change Process Date: March 27, 1997
    Last Data Update: March 27, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 219 North 26th St, Billings, MT 59101
    County: Yellowstone
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Billings, MT (#880)
    Core Based Statistical Area (CBSA): Billings, MT (#13740)
    CBSA Metro Statistical Area: Billings, MT (#13740)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $378.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $165Total assets
  • $378,073Cash and due from depository institutions
  • $15,337Interest-bearing balances
  • $3,552Securities
  • $118,300Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $221,065Loan loss allowance
  • $1,406Trading account assets
  • $0Bank premises and fixed assets
  • $9,371Other real estate owned
  • $472Goodwill and other intangibles
  • $8,979Life insurance assets
  • $4,549All other assets
  • $0Total liabilities and capital
  • $378,073Total liabilities
  • $345,838Total deposits
  • $295,173Interest-bearing deposits
  • $268,952Deposits held in domestic offices
  • 295173.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $7,334Trading liabilities
  • $0Other borrowed funds
  • $38,900Subordinated debt
  • $0All other liabilities
  • $4,431Total equity capital
  • $4,431Total bank equity capital
  • $32,235Perpetual preferred stock
  • $0Common stock
  • $1,473Surplus
  • $9,500Undivided profits
  • Memoranda
  • $21,262Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $789Income earned, not collected on loans
  • $2,029Earning assets
  • $342,917Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $371,839Average Assets, quarterly
  • $380,344Volatile liabilities
  • $88,972Insider loans
  • $480FHLB advances
  • $38,900Loans and leases held for sale
  • $0Unused loan commitments
  • $24,726Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $27,888Total risk weighted assets
  • $207,867Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $26,228Total interest expense
  • $14,803Net interest income
  • $11,425Provision for loan and lease losses
  • $360Total noninterest income
  • $3,872Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $3,872Total noninterest expense
  • $11,758Salaries and employee benefits
  • $4,956Premises and equipment expense
  • $1,424Additional noninterest expense
  • $5,378Pre-tax net operating income
  • $3,179Securities gains (losses)
  • $897Applicable income taxes
  • $1,262Income before extraordinary items
  • $2,814Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,814Net charge-offs
  • $158Cash dividends
  • $1,883Sale, conversion, retirement of capital stock, net
  • $182Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.73%Cost of funding earning assets
  • 4.37%Net interest margin
  • 3.37%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 3.47%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 1.10%Return on equity (ROE)
  • 8.98%Retained earnings to average equity (YTD only)
  • 2.97%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 227.85%Efficiency ratio
  • 74,361Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.92%Loss allowance to loans
  • 0.63%Loss allowance to noncurrent loans
  • 178.20%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 74.89%Net loans and leases to core deposits
  • 87.57%Equity capital to assets
  • 8.53%Core capital (leverage) ratio
  • 7.46%Tier 1 risk-based capital ratio
  • 13.42%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $371,839Average earning assets
  • $31,321Average equity
  • $339,103Average loans

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