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

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
    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
  • NoIDNameAddressEstablishedService TypeMap
    012284Security State Bank506 Main Street, Scott City, KS 67871April 21, 1961Full Service Brick and Mortar
    1245145Leoti Branch117 North Fourth Street, Leoti, KS 67861October 23, 1991Full Service Brick and Mortar

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