Security State Bank in Republic, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1993

Security State Bank in Republic, Missouri (MO)
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Security State Bank - Overview

General
FDIC Certificate #: 16898
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commerce Bank, National Association (#13072)
Federal Reserve ID: 401652
Date Established: April 08, 1950
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 10985
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 08, 1950
Last Structure Change Effective Date: August 01, 1993
Last Structure Change Process Date: August 05, 1993
Last Data Update: August 05, 1993
Data Source Date: April 05, 2012
Location
Address: 141 North Highway 60, Republic, MO 65738
County: Greene
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Springfield, MO (#7920)
Core Based Statistical Area (CBSA): Springfield, MO (#44180)
CBSA Metro Statistical Area: Springfield, MO (#44180)
Financial Summary
Total assets: $51.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$36Total assets
$50,809Cash and due from depository institutions
$8,476Interest-bearing balances
$5,783Securities
$29,452Federal funds sold & reverse repurchase agreements
$1,100Net loans & leases
$10,409Loan loss allowance
$225Trading account assets
$0Bank premises and fixed assets
$919Other real estate owned
$0Goodwill and other intangibles
$453Life insurance assets
$0All other assets
$0Total liabilities and capital
$50,809Total liabilities
$45,466Total deposits
$44,843Interest-bearing deposits
$37,945Deposits held in domestic offices
44843.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$623Total equity capital
$623Total bank equity capital
$5,343Perpetual preferred stock
$0Common stock
$241Surplus
$559Undivided profits
Memoranda
$4,543Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9Income earned, not collected on loans
$83Earning assets
$46,744Long-term assets (5+ years)
$8,661Average Assets, year-to-date
$50,781Average Assets, quarterly
$50,601Volatile liabilities
$3,595Insider loans
$2FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$545Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,343Total risk weighted assets
$13,700Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$3,649Total interest expense
$1,547Net interest income
$2,102Provision for loan and lease losses
$15Total noninterest income
$490Fiduciary activities
$0Service charges on deposit accounts
$360Trading account gains & fees
$0Additional noninterest income
$130Total noninterest expense
$1,841Salaries and employee benefits
$967Premises and equipment expense
$214Additional noninterest expense
$660Pre-tax net operating income
$736Securities gains (losses)
$424Applicable income taxes
$406Income before extraordinary items
$754Extraordinary gains - net
$0Net income attributable to bank
$754Net charge-offs
$12Cash dividends
$80Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.72%Cost of funding earning assets
3.27%Net interest margin
4.45%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
3.90%Net operating income to assets
0.94%Return on assets (ROA)
1.48%Pretax return on assets
2.28%Return on equity (ROE)
14.87%Retained earnings to average equity (YTD only)
13.29%Net charge-offs to loans
0.10%Credit loss provision to net charge-offs
125.00%Efficiency ratio
71,026Assets per employee
1.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
10.61%Loss allowance to loans
2.12%Loss allowance to noncurrent loans
2500.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.08%Net loans and leases to deposits
23.21%Net loans and leases to core deposits
25.24%Equity capital to assets
10.52%Core capital (leverage) ratio
10.55%Tier 1 risk-based capital ratio
39.00%Total risk-based capital ratio
Memoranda
$40Average assets
$50,781Average earning assets
$5,071Average equity
$47,262Average loans

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