Security Bank and Trust Co. in Maysville, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Security Bank and Trust Co. - Overview

  • General
  • FDIC Certificate #: 8121
    Status: Active
    Federal Reserve ID: 835613
    Bank Holding Company (Regulatory Top Holder): Security Bancorp Of Maysville, Inc. (RSSDID: 2952484, Location: Maysville, KY)
    Date Established: January 01, 1928
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13850
    FDIC's unique #: 5170
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending 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: 1-5 West Second Street, Maysville, KY 41056
    County: Mason
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Maysville, KY (#32500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $47.5 mil
    Equity capital: $10.4 mil
    Deposits held in domestic offices: $37.1 mil
    Return on assets (ROA): 1.60% ($0.8 mil)
    Quarterly return on assets: 0.71% ($0.3 mil)
    Return on Equity (ROE): 7.25% ($0.7 mil)
    Quarterly return on equity: 3.23% ($0.3 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.60% ($760.3 mil)
    Quarterly Pretax return on assets: 0.71% ($337.4 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
  • 12Total employees (full-time equivalent)
  • $47,521Total assets
  • $6,396Cash and due from depository institutions
  • $3,471Interest-bearing balances
  • $8,989Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $31,135Net loans & leases
  • $359Loan loss allowance
  • $0Trading account assets
  • $489Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $47,521Life insurance assets
  • $512All other assets
  • $37,098Total liabilities and capital
  • $37,067Total liabilities
  • $29,125Total deposits
  • $37,067Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $31Subordinated debt
  • $10,423All other liabilities
  • $10,423Total equity capital
  • $10,423Total bank equity capital
  • $0Perpetual preferred stock
  • $80Common stock
  • $7,526Surplus
  • $2,817Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $361Income earned, not collected on loans
  • $0Earning assets
  • $232Long-term assets (5+ years)
  • $43,595Average Assets, year-to-date
  • $16,136Average Assets, quarterly
  • $47,494Volatile liabilities
  • $47,621Insider loans
  • $47,880FHLB advances
  • $46,998Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,423Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $830Restructured Loans and leases
  • $124Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,038Total interest income
  • $188Total interest expense
  • $1,850Net interest income
  • $75Provision for loan and lease losses
  • $237Total noninterest income
  • $0Fiduciary activities
  • $172Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $1,254Total noninterest expense
  • $622Salaries and employee benefits
  • $80Premises and equipment expense
  • $552Additional noninterest expense
  • $758Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $758Income before extraordinary items
  • $0Extraordinary gains - net
  • $758Net income attributable to bank
  • $0Net charge-offs
  • $758Cash dividends
  • $32Sale, conversion, retirement of capital stock, net
  • $672Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.43%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 2.90%Noninterest expense to earning assets
  • 1.60%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 7.25%Return on equity (ROE)
  • 0.82%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 234.38%Credit loss provision to net charge-offs
  • 26.03%Efficiency ratio
  • 60,086Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.65%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 99.45%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 1.15%Net loans and leases to deposits
  • 84.00%Net loans and leases to core deposits
  • 86.71%Equity capital to assets
  • 21.93%Core capital (leverage) ratio
  • 22.18%Tier 1 risk-based capital ratio
  • 21.77%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $47,494Average earning assets
  • $10,462Average equity
  • $43,288Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,645Managed Assets
  • 1Number of Accounts
  • $1,645Personal trust and agency accounts
  • $1,645Employee 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
  • $0Non-managed Assets
  • 5Number 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

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05170Security Bank And Trust Co.1-5 West Second Street, Maysville, KY 41056January 01, 1928Full Service Brick and Mortar
    1217954Drive-In Branch120-122 Market Street, Maysville, KY 41056December 01, 1976Limited Service Facility
    2217955U.S. 68 Branch1426 U.S. 68 South, Maysville, KY 41056November 09, 1993Full Service Brick and Mortar

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