Security State Bank in Pearsall, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank - Overview

  • General
  • FDIC Certificate #: 1497
    Status: Active
    Federal Reserve ID: 839068
    Bank Holding Company (Regulatory Top Holder): Briscoe Ranch, Inc. (RSSDID: 1102451, Location: Uvalde, TX)
    Date Established: January 01, 1925
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11871
    FDIC's unique #: 990
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 04, 2010
    Last Structure Change Process Date: June 18, 2010
    Last Data Update: June 18, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 North Oak Street, Pearsall, TX 78061
    County: Frio
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $393.6 mil
    Equity capital: $40.9 mil
    Deposits held in domestic offices: $305.4 mil
    Return on assets (ROA): 1.31% ($5.2 mil)
    Quarterly return on assets: 1.51% ($5.9 mil)
    Return on Equity (ROE): 14.58% ($6.0 mil)
    Quarterly return on equity: 14.22% ($5.8 mil)
    Net income: $5.6 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 1.72% ($6,769.7 mil)
    Quarterly Pretax return on assets: 2.02% ($7,950.5 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
  • 77Total employees (full-time equivalent)
  • $393,588Total assets
  • $27,696Cash and due from depository institutions
  • $18,534Interest-bearing balances
  • $164,975Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $186,935Net loans & leases
  • $1,143Loan loss allowance
  • $0Trading account assets
  • $5,290Bank premises and fixed assets
  • $304Other real estate owned
  • $2,562Goodwill and other intangibles
  • $393,588Life insurance assets
  • $5,826All other assets
  • $352,648Total liabilities and capital
  • $305,424Total liabilities
  • $244,989Total deposits
  • $305,424Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $43,338Trading liabilities
  • $0Other borrowed funds
  • $3,886Subordinated debt
  • $40,940All other liabilities
  • $40,940Total equity capital
  • $40,940Total bank equity capital
  • $0Perpetual preferred stock
  • $1,250Common stock
  • $24,750Surplus
  • $14,940Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $449Income earned, not collected on loans
  • $0Earning assets
  • $2,711Long-term assets (5+ years)
  • $370,444Average Assets, year-to-date
  • $139,535Average Assets, quarterly
  • $424,043Volatile liabilities
  • $391,545Insider loans
  • $218,902FHLB advances
  • $387,137Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $34,044Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,232Restructured Loans and leases
  • $13,592Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,450Total interest income
  • $4,490Total interest expense
  • $12,960Net interest income
  • $265Provision for loan and lease losses
  • $2,083Total noninterest income
  • $0Fiduciary activities
  • $1,173Service charges on deposit accounts
  • $0Trading account gains & fees
  • $910Additional noninterest income
  • $7,537Total noninterest expense
  • $4,576Salaries and employee benefits
  • $986Premises and equipment expense
  • $1,975Additional noninterest expense
  • $7,241Pre-tax net operating income
  • $51Securities gains (losses)
  • $1,719Applicable income taxes
  • $5,573Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,573Net income attributable to bank
  • $0Net charge-offs
  • $5,573Cash dividends
  • $114Sale, conversion, retirement of capital stock, net
  • $2,250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.24%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 1.89%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.72%Pretax return on assets
  • 14.58%Return on equity (ROE)
  • 8.69%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 232.46%Credit loss provision to net charge-offs
  • 65.84%Efficiency ratio
  • 49,365Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.37%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 254.57%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 61.21%Net loans and leases to core deposits
  • 72.06%Equity capital to assets
  • 10.40%Core capital (leverage) ratio
  • 8.79%Tier 1 risk-based capital ratio
  • 15.55%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $424,043Average earning assets
  • $38,229Average equity
  • $399,489Average loans

List of branches

  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0990Security State Bank1000 North Oak Street, Pearsall, TX 78061January 01, 1925Full Service Brick and Mortar
    1446208Pearsall Branch360 S. Ih 35, Pearsall, TX 78061December 20, 2005Full Service Brick and Mortar
    2468926West Oaklawn Branch1194 West Oaklawn, Pleasanton, TX 78064July 25, 2007Full Service Brick and Mortar
    39812Medina Valley State Bank - Devine Br200 Tx Hwy 132 N, Devine, TX 78016July 17, 1937Full Service Brick and Mortar
    4234450Natalia Branch410 2nd Street, Natalia, TX 78059Febuary 17, 1988Full Service Brick and Mortar

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