Security Bank and Trust Company in Miami, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 9881
    Status: Active
    Federal Reserve ID: 19356
    Bank Holding Company (Regulatory Top Holder): Ssb Holdings, Inc. (RSSDID: 2410603, Location: Miami, OK)
    Date Established: December 01, 1922
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 6322
    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: 2-32 South Main Street, Miami, OK 74354
    County: Ottawa
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Miami, OK (#33060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $75.1 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $63.0 mil
    Return on assets (ROA): 0.56% ($0.4 mil)
    Quarterly return on assets: -0.62% (-$0.5 mil)
    Return on Equity (ROE): 5.16% ($0.4 mil)
    Quarterly return on equity: -5.46% (-$0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.56% ($420.4 mil)
    Quarterly Pretax return on assets: -0.62% (-$465.5 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
  • 28Total employees (full-time equivalent)
  • $75,077Total assets
  • $2,311Cash and due from depository institutions
  • $48Interest-bearing balances
  • $32,209Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $37,502Net loans & leases
  • $874Loan loss allowance
  • $0Trading account assets
  • $717Bank premises and fixed assets
  • $1,025Other real estate owned
  • $0Goodwill and other intangibles
  • $75,077Life insurance assets
  • $1,313All other assets
  • $66,815Total liabilities and capital
  • $62,988Total liabilities
  • $52,256Total deposits
  • $62,988Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 757.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,045Trading liabilities
  • $0Other borrowed funds
  • $1,025Subordinated debt
  • $8,262All other liabilities
  • $8,262Total equity capital
  • $8,262Total bank equity capital
  • $0Perpetual preferred stock
  • $2,025Common stock
  • $3,200Surplus
  • $3,037Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $689Income earned, not collected on loans
  • $0Earning assets
  • $469Long-term assets (5+ years)
  • $69,759Average Assets, year-to-date
  • $36,078Average Assets, quarterly
  • $76,103Volatile liabilities
  • $75,457Insider loans
  • $45,797FHLB advances
  • $75,264Loans and leases held for sale
  • $370Unused loan commitments
  • $370Tier 1 (core) risk-based capital
  • $8,215Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,457Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,170Total interest income
  • $467Total interest expense
  • $2,703Net interest income
  • $424Provision for loan and lease losses
  • $382Total noninterest income
  • $0Fiduciary activities
  • $222Service charges on deposit accounts
  • $0Trading account gains & fees
  • $160Additional noninterest income
  • $2,431Total noninterest expense
  • $1,253Salaries and employee benefits
  • $271Premises and equipment expense
  • $907Additional noninterest expense
  • $230Pre-tax net operating income
  • $199Securities gains (losses)
  • $0Applicable income taxes
  • $429Income before extraordinary items
  • $0Extraordinary gains - net
  • $429Net income attributable to bank
  • $0Net charge-offs
  • $429Cash dividends
  • $424Sale, conversion, retirement of capital stock, net
  • $270Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 0.66%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 5.16%Return on equity (ROE)
  • 1.91%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 1.54%Efficiency ratio
  • 78,801Assets per employee
  • 2.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.94%Loss allowance to loans
  • 2.28%Loss allowance to noncurrent loans
  • 126.85%Noncurrent assets plus other real estate owned to assets
  • 2.28%Noncurrent loans to loans
  • 1.80%Net loans and leases to deposits
  • 59.54%Net loans and leases to core deposits
  • 65.48%Equity capital to assets
  • 11.00%Core capital (leverage) ratio
  • 10.91%Tier 1 risk-based capital ratio
  • 17.94%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $76,103Average earning assets
  • $8,314Average equity
  • $70,737Average loans

List of branches

  • 3 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06322Security Bank And Trust Company2-32 South Main Street, Miami, OK 74354December 01, 1922Full Service Brick and Mortar
    1221464North Main Branch2200 North Main, Miami, OK 74354May 22, 1984Full Service Brick and Mortar
    21538Afton Branch1 S.W. First Street, Afton, OK 74331August 26, 1926Full Service Brick and Mortar

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