Security State Bank in city_name, state_name - Detailed Financial Reports, Location

Security State Bank in Scott City, Kansas (KS)
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Security State Bank routing number info

Security State Bank - Overview

General
FDIC Certificate #: 18374
Status: Active
Federal Reserve ID: 319551
Bank Holding Company (Regulatory Top Holder): Security Bancshares, Inc. (RSSDID: 1248836, Location: Scott City, KS)
Date Established: April 21, 1961
WWW: http://www.ssbscott.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 18374
FDIC's unique #: 12284
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: April 21, 1961
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: 506 Main Street, Scott City, KS 67871
County: Scott
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Hays
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $132.4 mil
Equity capital: $19.7 mil
Deposits held in domestic offices: $100.1 mil
Return on assets (ROA): 0.82% ($1.1 mil)
Quarterly return on assets: 1.00% ($1.3 mil)
Return on Equity (ROE): 5.79% ($1.2 mil)
Quarterly return on equity: 6.79% ($1.4 mil)
Net income: $1.1 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.24% ($1,642.1 mil)
Quarterly Pretax return on assets: 1.47% ($1,946.7 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
37Total employees (full-time equivalent)
$132,428Total assets
$5,042Cash and due from depository institutions
$50Interest-bearing balances
$32,150Securities
$2,207Federal funds sold & reverse repurchase agreements
$79,680Net loans & leases
$2,202Loan loss allowance
$0Trading account assets
$1,515Bank premises and fixed assets
$3,106Other real estate owned
$0Goodwill and other intangibles
$132,428Life insurance assets
$8,728All other assets
$112,765Total liabilities and capital
$100,082Total liabilities
$71,152Total deposits
$100,082Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,005Trading liabilities
$0Other borrowed funds
$1,678Subordinated debt
$19,663All other liabilities
$19,663Total equity capital
$19,663Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$3,000Surplus
$16,363Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,822Income earned, not collected on loans
$0Earning assets
$1,115Long-term assets (5+ years)
$114,087Average Assets, year-to-date
$26,825Average Assets, quarterly
$134,697Volatile liabilities
$133,091Insider loans
$106,415FHLB advances
$131,700Loans and leases held for sale
$3,640Unused loan commitments
$3,640Tier 1 (core) risk-based capital
$17,448Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31,493Restructured Loans and leases
$5,515Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,197Total interest income
$873Total interest expense
$5,324Net interest income
$0Provision for loan and lease losses
$874Total noninterest income
$80Fiduciary activities
$194Service charges on deposit accounts
$0Trading account gains & fees
$600Additional noninterest income
$4,624Total noninterest expense
$2,507Salaries and employee benefits
$349Premises and equipment expense
$1,768Additional noninterest expense
$1,574Pre-tax net operating income
$91Securities gains (losses)
$562Applicable income taxes
$1,103Income before extraordinary items
$0Extraordinary gains - net
$1,103Net income attributable to bank
$0Net charge-offs
$1,103Cash dividends
$1,708Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.25%Yield on earning assets
0.74%Cost of funding earning assets
4.51%Net interest margin
0.74%Noninterest income to earning assets
3.92%Noninterest expense to earning assets
0.77%Net operating income to assets
0.82%Return on assets (ROA)
1.24%Pretax return on assets
5.79%Return on equity (ROE)
5.79%Retained earnings to average equity (YTD only)
2.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.92%Efficiency ratio
74,605Assets per employee
3.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.69%Loss allowance to noncurrent loans
120.86%Noncurrent assets plus other real estate owned to assets
3.72%Noncurrent loans to loans
2.23%Net loans and leases to deposits
79.61%Net loans and leases to core deposits
80.89%Equity capital to assets
14.85%Core capital (leverage) ratio
13.25%Tier 1 risk-based capital ratio
16.40%Total risk-based capital ratio
Memoranda
$18Average assets
$134,697Average earning assets
$19,052Average equity
$118,000Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$10,437Managed Assets
1Number of Accounts
$8,466Personal trust and agency accounts
$7,696Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$770Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
45Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,971Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$1,971Fiduciary accounts held in foreign offices

List of branches

2 Kansas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	12284	Security State Bank	506 Main Street, Scott City, KS 67871	April 21, 1961	Full Service Brick and Mortar
1	245145	Leoti Branch	117 North Fourth Street, Leoti, KS 67861	October 23, 1991	Full Service Brick and Mortar

Security State Bank in Scott City, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security State Bank in Scott City, Kansas (KS)Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security State Bank in Scott City, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches