Security Bank and Trust Company in Paris, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 9172
    Status: Active
    Federal Reserve ID: 118156
    Bank Holding Company (Regulatory Top Holder): Security Bancshares, Inc. (RSSDID: 1131693, Location: Paris, TN)
    Date Established: January 01, 1905
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 5870
    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: 210 West Washington Street, Paris, TN 38242
    County: Henry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Paris, TN (#37540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $172.9 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $154.4 mil
    Return on assets (ROA): 2.64% ($4.6 mil)
    Quarterly return on assets: 0.97% ($1.7 mil)
    Return on Equity (ROE): 28.23% ($4.5 mil)
    Quarterly return on equity: 10.59% ($1.7 mil)
    Net income: $4.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 2.82% ($4,875.7 mil)
    Quarterly Pretax return on assets: 1.03% ($1,780.8 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
  • 41Total employees (full-time equivalent)
  • $172,896Total assets
  • $25,805Cash and due from depository institutions
  • $19,522Interest-bearing balances
  • $26,241Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $110,122Net loans & leases
  • $615Loan loss allowance
  • $0Trading account assets
  • $973Bank premises and fixed assets
  • $63Other real estate owned
  • $0Goodwill and other intangibles
  • $172,895Life insurance assets
  • $9,692All other assets
  • $157,120Total liabilities and capital
  • $154,407Total liabilities
  • $131,907Total deposits
  • $154,407Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,494Trading liabilities
  • $0Other borrowed funds
  • $1,219Subordinated debt
  • $15,775All other liabilities
  • $15,775Total equity capital
  • $15,775Total bank equity capital
  • $0Perpetual preferred stock
  • $235Common stock
  • $2,065Surplus
  • $13,475Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $449Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28Income earned, not collected on loans
  • $0Earning assets
  • $797Long-term assets (5+ years)
  • $155,885Average Assets, year-to-date
  • $24,184Average Assets, quarterly
  • $166,971Volatile liabilities
  • $174,154Insider loans
  • $114,401FHLB advances
  • $174,291Loans and leases held for sale
  • $7,358Unused loan commitments
  • $7,358Tier 1 (core) risk-based capital
  • $15,505Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,072Restructured Loans and leases
  • $2,423Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,907Total interest income
  • $1,120Total interest expense
  • $6,787Net interest income
  • $0Provision for loan and lease losses
  • $1,490Total noninterest income
  • $0Fiduciary activities
  • $497Service charges on deposit accounts
  • $0Trading account gains & fees
  • $993Additional noninterest income
  • $3,911Total noninterest expense
  • $2,636Salaries and employee benefits
  • $358Premises and equipment expense
  • $917Additional noninterest expense
  • $4,366Pre-tax net operating income
  • $344Securities gains (losses)
  • $296Applicable income taxes
  • $4,414Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,414Net income attributable to bank
  • $0Net charge-offs
  • $4,414Cash dividends
  • $75Sale, conversion, retirement of capital stock, net
  • $3,548Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 2.45%Net operating income to assets
  • 2.64%Return on assets (ROA)
  • 2.82%Pretax return on assets
  • 28.23%Return on equity (ROE)
  • 5.54%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 58.21%Efficiency ratio
  • 47,251Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.38%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 2196.43%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 71.32%Net loans and leases to core deposits
  • 89.64%Equity capital to assets
  • 9.12%Core capital (leverage) ratio
  • 8.90%Tier 1 risk-based capital ratio
  • 13.55%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $166,971Average earning assets
  • $15,635Average equity
  • $152,148Average loans

List of branches

  • 7 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05870Security Bank And Trust Company210 West Washington Street, Paris, TN 38242January 01, 1905Full Service Brick and Mortar
    1219594Cottage Grove Branch110 Main Street, Cottage Grove, TN 38224March 03, 1980Limited Service Facility
    2219595Paris Landing BranchHighway 79 East, Buchanan, TN 38224October 21, 1985Limited Service Facility
    31119Farmers Branch110 South Front Street, Puryear, TN 38251July 14, 1907Limited Service Facility
    5219597Mineral Wells Avenue Branch1023 Mineral Wells Avenue, Paris, TN 38242Febuary 20, 1991Limited Service Facility
    6219598Lakeway Shopping Center BranchHighway 79 East, Paris, TN 38242May 20, 1992Limited Service Facility
    7219599Annex204 W Washington St, Paris, TN 38242November 07, 1994Limited Service Loan Production

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