Springfield First Community Bank in Springfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Springfield First Community Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0474394Springfield First Community Bank2006 South Glenstone Avenue, Springfield, MO 65804October 24, 2008Full Service Brick and Mortar

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