Security State Bank of Wewoka, Oklahoma in Wewoka, Oklahoma (OK)



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Security State Bank of Wewoka, Oklahoma routing number info

Table of contents:
Security State Bank of Wewoka, Oklahoma
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)28
Total assets$103,912
Cash and due from depository institutions$4,332
Interest-bearing balances$1,178
Securities$28,698
Federal funds sold & reverse repurchase agreements$775
Net loans & leases$67,607
Loan loss allowance $1,379
Trading account assets$0
Bank premises and fixed assets$934
Other real estate owned$229
Goodwill and other intangibles$0
All other assets$1,337
Life insurance assets$103,912
Total liabilities and capital$92,133
Total liabilities$90,931
Total deposits$77,796
Interest-bearing deposits$90,931
Deposits held in domestic offices$70
% insured (estimated)1124.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $78
All other liabilities $11,779
Total equity capital$11,779
Total bank equity capital$11,779
Perpetual preferred stock$0
Common stock$300
Surplus$700
Undivided profits $10,779
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,306
Earning assets $0
Long-term assets (5+ years) $683
Average Assets, year-to-date $98,258
Average Assets, quarterly $48,804
Volatile liabilities $98,997
Insider loans $102,237
FHLB advances $68,038
Loans and leases held for sale $101,632
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $11,173
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,774
Derivatives$587
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,989
Total interest expense $898
Net interest income $4,091
Provision for loan and lease losses $488
Total noninterest income $814
Fiduciary activities $0
Service charges on deposit accounts $457
Trading account gains & fees $0
Additional noninterest income $357
Total noninterest expense $2,974
Salaries and employee benefits $1,541
Premises and equipment expense $396
Additional noninterest expense $1,037
Pre-tax net operating income $1,443
Securities gains (losses) $4
Applicable income taxes $292
Income before extraordinary items $1,155
Extraordinary gains - net $0
Net income attributable to bank $1,155
Net charge-offs $0
Cash dividends $1,155
Sale, conversion, retirement of capital stock, net $233
Net operating income $60
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.33%
Cost of funding earning assets 0.96%
Net interest margin 4.37%
Noninterest income to earning assets 0.87%
Noninterest expense to earning assets 3.18%
Net operating income to assets 1.16%
Return on assets (ROA) 1.17%
Pretax return on assets 1.46%
Return on equity (ROE) 10.43%
Retained earnings to average equity (YTD only) 9.88%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 209.44%
Efficiency ratio8.29%
Assets per employee$60,632
Cash dividends to net income (YTD only)3.71%
Condition Ratios (%)
Loss allowance to loans 5.19%
Loss allowance to noncurrent loans 2.00%
Noncurrent assets plus other real estate owned to assets 105.59%
Noncurrent loans to loans 1.48%
Net loans and leases to deposits1.89%
Net loans and leases to core deposits 74.35%
Equity capital to assets 82.48%
Core capital (leverage) ratio 11.34%
Tier 1 risk-based capital ratio 10.99%
Total risk-based capital ratio 16.42%
Memoranda
Average assets$18
Average earning assets$98,997
Average equity $11,079
Average loans $93,527
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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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