SecurityBank Texas in Arlington, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 30, 1998

  • SecurityBank Texas in Arlington, Texas (TX)
  • Show street view No street view available for this location

SecurityBank Texas - Overview

  • General
  • FDIC Certificate #: 25903
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 133551
    Date Established: March 11, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 32153
    Numeric code: 13
    Regulator: FED
    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: March 11, 1985
    Last Structure Change Effective Date: October 30, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1521 North Cooper Street, Suite 100, Arlington, TX 76011
    County: Tarrant
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $87.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $75,246Total assets
  • $3,295Cash and due from depository institutions
  • $0Interest-bearing balances
  • $22,001Securities
  • $14,825Federal funds sold & reverse repurchase agreements
  • $33,434Net loans & leases
  • $420Loan loss allowance
  • $0Trading account assets
  • $1,025Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $666All other assets
  • $75,246Total liabilities and capital
  • $68,278Total liabilities
  • $68,032Total deposits
  • $43,638Interest-bearing deposits
  • $68,032Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $246All other liabilities
  • $6,968Total equity capital
  • $6,968Total bank equity capital
  • $6,968Perpetual preferred stock
  • $0Common stock
  • $1,220Surplus
  • $4,780Undivided profits
  • Memoranda
  • $968Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1Earning assets
  • $0Long-term assets (5+ years)
  • $209Average Assets, year-to-date
  • $70,260Average Assets, quarterly
  • $7,044Volatile liabilities
  • $66,507Insider loans
  • $71,222FHLB advances
  • $5,185Loans and leases held for sale
  • $608Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,456Total unused commitments
  • $0Restructured Loans and leases
  • $41,364Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $5,281Total interest income
  • $1,506Total interest expense
  • $3,775Net interest income
  • $51Provision for loan and lease losses
  • $633Total noninterest income
  • $0Fiduciary activities
  • $368Service charges on deposit accounts
  • $0Trading account gains & fees
  • $265Additional noninterest income
  • $2,425Total noninterest expense
  • $1,403Salaries and employee benefits
  • $337Premises and equipment expense
  • $685Additional noninterest expense
  • $1,932Pre-tax net operating income
  • $0Securities gains (losses)
  • $632Applicable income taxes
  • $1,300Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,300Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.66%Yield on earning assets
  • 2.47%Cost of funding earning assets
  • 6.19%Net interest margin
  • 1.04%Noninterest income to earning assets
  • 3.98%Noninterest expense to earning assets
  • 1.95%Net operating income to assets
  • 1.95%Return on assets (ROA)
  • 2.90%Pretax return on assets
  • 20.62%Return on equity (ROE)
  • 20.62%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 188.89%Credit loss provision to net charge-offs
  • 73.44%Efficiency ratio
  • 55,014Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 42000.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 49.14%Net loans and leases to core deposits
  • 53.20%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 9.98%Tier 1 risk-based capital ratio
  • 17.04%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $66,507Average earning assets
  • $6,306Average equity
  • $60,989Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with SecurityBank Texas.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents