Security National Bank in Jefferson, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 07, 1996

  • Security National Bank in Jefferson, Iowa (IA)
  • Show street view No street view available for this location

Security National Bank - Overview

  • General
  • FDIC Certificate #: 14572
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Peoples Trust & Savings Bank (#14692)
    Federal Reserve ID: 411446
    Date Established: November 01, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 9106
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: June 27, 1934
    Last Structure Change Effective Date: March 07, 1996
    Last Structure Change Process Date: March 22, 1996
    Last Data Update: March 22, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 116 West State Street, Jefferson, IA 50129
    County: Chickasaw
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $29.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $12Total assets
  • $29,804Cash and due from depository institutions
  • $1,022Interest-bearing balances
  • $0Securities
  • $4,808Federal funds sold & reverse repurchase agreements
  • $2,760Net loans & leases
  • $19,755Loan loss allowance
  • $129Trading account assets
  • $0Bank premises and fixed assets
  • $739Other real estate owned
  • $0Goodwill and other intangibles
  • $720Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,804Total liabilities
  • $26,995Total deposits
  • $26,631Interest-bearing deposits
  • $23,893Deposits held in domestic offices
  • 26631.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $364Total equity capital
  • $364Total bank equity capital
  • $2,809Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $1,000Undivided profits
  • Memoranda
  • $1,409Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $99Income earned, not collected on loans
  • $628Earning assets
  • $27,323Long-term assets (5+ years)
  • $976Average Assets, year-to-date
  • $29,799Average Assets, quarterly
  • $29,253Volatile liabilities
  • $1,825Insider loans
  • $45FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,033Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,813Total risk weighted assets
  • $20,761Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,123Total interest expense
  • $1,067Net interest income
  • $1,056Provision for loan and lease losses
  • $43Total noninterest income
  • $129Fiduciary activities
  • $0Service charges on deposit accounts
  • $104Trading account gains & fees
  • $0Additional noninterest income
  • $25Total noninterest expense
  • $876Salaries and employee benefits
  • $460Premises and equipment expense
  • $132Additional noninterest expense
  • $284Pre-tax net operating income
  • $266Securities gains (losses)
  • -$1Applicable income taxes
  • $52Income before extraordinary items
  • $213Extraordinary gains - net
  • $0Net income attributable to bank
  • $213Net charge-offs
  • $95Cash dividends
  • $120Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.77%Cost of funding earning assets
  • 3.91%Net interest margin
  • 3.87%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 3.21%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 0.89%Return on equity (ROE)
  • 7.89%Retained earnings to average equity (YTD only)
  • 3.45%Net charge-offs to loans
  • 0.49%Credit loss provision to net charge-offs
  • 45.26%Efficiency ratio
  • 73,924Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.34%Loss allowance to loans
  • 0.65%Loss allowance to noncurrent loans
  • 130.30%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 74.18%Net loans and leases to core deposits
  • 79.64%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 13.55%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $29,799Average earning assets
  • $2,699Average equity
  • $27,319Average loans

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