FDIC Certificate #: 58892 Status: Active Federal Reserve ID: 3804535 Bank Holding Company (Regulatory Top Holder): Springfield Bancshares, Inc. (RSSDID: 3804517, Location: Springfield, MO) Date Established: October 24, 2008 WWW:http://www.sfcbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 474394 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 24, 2008 Last Structure Change Effective Date: October 24, 2008 Last Structure Change Process Date: October 27, 2008 Last Data Update: October 27, 2008 Data Source Date: April 05, 2012
Location
Address: 2006 South Glenstone Avenue, Springfield, MO 65804 County: Greene Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Springfield Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Springfield, MO (#7920) Core Based Statistical Area (CBSA): Springfield, MO (#44180) CBSA Metro Statistical Area: Springfield, MO (#44180)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $249.4 mil Equity capital: $21.1 mil Deposits held in domestic offices: $218.1 mil Return on assets (ROA): 0.90% ($2.2 mil) Quarterly return on assets: 1.03% ($2.6 mil) Return on Equity (ROE): 10.01% ($2.1 mil) Quarterly return on equity: 11.86% ($2.5 mil) Net income: $2.0 mil Quarterly Net income: $0.6 mil Pretax return on assets: 0.90% ($2,244.5 mil) Quarterly Pretax return on assets: 1.03% ($2,568.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
33Total employees (full-time equivalent)
$249,386Total assets
$11,363Cash and due from depository institutions
$4,900Interest-bearing balances
$300Securities
$18,667Federal funds sold & reverse repurchase agreements
$204,948Net loans & leases
$2,228Loan loss allowance
$0Trading account assets
$6,422Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$249,386Life insurance assets
$7,686All other assets
$228,258Total liabilities and capital
$218,065Total liabilities
$196,848Total deposits
$218,065Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,000Trading liabilities
$0Other borrowed funds
$193Subordinated debt
$21,128All other liabilities
$21,128Total equity capital
$21,128Total bank equity capital
$0Perpetual preferred stock
$40Common stock
$20,836Surplus
$252Undivided profits
Memoranda
$0Noncurrent loans and leases
$4,659Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$547Long-term assets (5+ years)
$228,815Average Assets, year-to-date
$16,145Average Assets, quarterly
$221,517Volatile liabilities
$239,215Insider loans
$207,866FHLB advances
$236,602Loans and leases held for sale
$5,769Unused loan commitments
$2,888Tier 1 (core) risk-based capital
$21,128Tier 2 risk-based capital
$0Total risk weighted assets
$2,881Total unused commitments
$21,533Restructured Loans and leases
$12,754Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,138Total interest income
$2,308Total interest expense
$6,830Net interest income
$571Provision for loan and lease losses
$863Total noninterest income
$0Fiduciary activities
$69Service charges on deposit accounts
$0Trading account gains & fees
$794Additional noninterest income
$5,119Total noninterest expense
$3,396Salaries and employee benefits
$493Premises and equipment expense
$1,230Additional noninterest expense
$2,003Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$2,003Income before extraordinary items
$0Extraordinary gains - net
$2,003Net income attributable to bank
$0Net charge-offs
$2,003Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.45%Yield on earning assets
1.12%Cost of funding earning assets
3.32%Net interest margin
0.42%Noninterest income to earning assets
2.49%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
0.90%Pretax return on assets
10.01%Return on equity (ROE)
10.01%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,541Assets per employee
7.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
93.98%Net loans and leases to core deposits
98.08%Equity capital to assets
8.47%Core capital (leverage) ratio
8.93%Tier 1 risk-based capital ratio
10.16%Total risk-based capital ratio
Memoranda
$11Average assets
$221,517Average earning assets
$20,008Average equity
$205,512Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
474394
Springfield First Community Bank
2006 South Glenstone Avenue, Springfield, MO 65804
October 24, 2008
Full Service Brick and Mortar
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