Security State Bank of Wewoka, Oklahoma in Wewoka, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Security State Bank of Wewoka, Oklahoma - Overview

  • General
  • FDIC Certificate #: 8980
    Status: Active
    Federal Reserve ID: 52951
    Date Established: December 05, 1911
    WWW: http://www.ssbok.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 5736
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 200 South Mekuskey Street, Wewoka, OK 74884
    County: Seminole
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $103.9 mil
    Equity capital: $11.8 mil
    Deposits held in domestic offices: $90.9 mil
    Return on assets (ROA): 1.17% ($1.2 mil)
    Quarterly return on assets: 1.47% ($1.5 mil)
    Return on Equity (ROE): 10.43% ($1.3 mil)
    Quarterly return on equity: 12.93% ($1.6 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.46% ($1,517.1 mil)
    Quarterly Pretax return on assets: 1.88% ($1,953.5 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
  • 28Total employees (full-time equivalent)
  • $103,912Total assets
  • $4,332Cash and due from depository institutions
  • $1,178Interest-bearing balances
  • $28,698Securities
  • $775Federal funds sold & reverse repurchase agreements
  • $67,607Net loans & leases
  • $1,379Loan loss allowance
  • $0Trading account assets
  • $934Bank premises and fixed assets
  • $229Other real estate owned
  • $0Goodwill and other intangibles
  • $103,912Life insurance assets
  • $1,337All other assets
  • $92,133Total liabilities and capital
  • $90,931Total liabilities
  • $77,796Total deposits
  • $90,931Interest-bearing deposits
  • $70Deposits held in domestic offices
  • 1124.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $78Subordinated debt
  • $11,779All other liabilities
  • $11,779Total equity capital
  • $11,779Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $700Surplus
  • $10,779Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,306Income earned, not collected on loans
  • $0Earning assets
  • $683Long-term assets (5+ years)
  • $98,258Average Assets, year-to-date
  • $48,804Average Assets, quarterly
  • $98,997Volatile liabilities
  • $102,237Insider loans
  • $68,038FHLB advances
  • $101,632Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,173Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,774Restructured Loans and leases
  • $587Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,989Total interest income
  • $898Total interest expense
  • $4,091Net interest income
  • $488Provision for loan and lease losses
  • $814Total noninterest income
  • $0Fiduciary activities
  • $457Service charges on deposit accounts
  • $0Trading account gains & fees
  • $357Additional noninterest income
  • $2,974Total noninterest expense
  • $1,541Salaries and employee benefits
  • $396Premises and equipment expense
  • $1,037Additional noninterest expense
  • $1,443Pre-tax net operating income
  • $4Securities gains (losses)
  • $292Applicable income taxes
  • $1,155Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,155Net income attributable to bank
  • $0Net charge-offs
  • $1,155Cash dividends
  • $233Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.37%Net interest margin
  • 0.87%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.46%Pretax return on assets
  • 10.43%Return on equity (ROE)
  • 9.88%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 209.44%Credit loss provision to net charge-offs
  • 8.29%Efficiency ratio
  • 60,632Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.19%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 105.59%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 1.89%Net loans and leases to deposits
  • 74.35%Net loans and leases to core deposits
  • 82.48%Equity capital to assets
  • 11.34%Core capital (leverage) ratio
  • 10.99%Tier 1 risk-based capital ratio
  • 16.42%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $98,997Average earning assets
  • $11,079Average equity
  • $93,527Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05736Security State Bank Of Wewoka, Oklahoma200 South Mekuskey Street, Wewoka, OK 74884December 05, 1911Full Service Brick and Mortar
    1366080Seminole Branch824 North Milt Phillips, Seminole, OK 74868November 14, 2002Full Service Brick and Mortar

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