The First Security Bank in Beaver, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


The First Security Bank - Overview

  • General
  • FDIC Certificate #: 4041
    Status: Active
    Federal Reserve ID: 49951
    Date Established: January 16, 1916
    WWW: http://www.fsbbeaver.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 #: 2620
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    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: 15 South Douglas Avenue, Beaver, OK 73932
    County: Beaver
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Oklahoma City
    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: $112.4 mil
    Equity capital: $8.8 mil
    Deposits held in domestic offices: $103.4 mil
    Return on assets (ROA): 1.42% ($1.6 mil)
    Quarterly return on assets: 1.20% ($1.3 mil)
    Return on Equity (ROE): 17.33% ($1.6 mil)
    Quarterly return on equity: 14.87% ($1.3 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.42% ($1,596.2 mil)
    Quarterly Pretax return on assets: 1.20% ($1,348.9 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
  • 17Total employees (full-time equivalent)
  • $112,405Total assets
  • $14,897Cash and due from depository institutions
  • $13,136Interest-bearing balances
  • $20,490Securities
  • $2,634Federal funds sold & reverse repurchase agreements
  • $70,505Net loans & leases
  • $543Loan loss allowance
  • $0Trading account assets
  • $496Bank premises and fixed assets
  • $83Other real estate owned
  • $0Goodwill and other intangibles
  • $112,405Life insurance assets
  • $3,300All other assets
  • $103,622Total liabilities and capital
  • $103,353Total liabilities
  • $92,772Total deposits
  • $103,353Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $269Subordinated debt
  • $8,783All other liabilities
  • $8,783Total equity capital
  • $8,783Total bank equity capital
  • $0Perpetual preferred stock
  • $685Common stock
  • $435Surplus
  • $7,663Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $258Income earned, not collected on loans
  • $0Earning assets
  • $1,393Long-term assets (5+ years)
  • $106,765Average Assets, year-to-date
  • $30,678Average Assets, quarterly
  • $103,833Volatile liabilities
  • $108,776Insider loans
  • $76,508FHLB advances
  • $107,751Loans and leases held for sale
  • $1,139Unused loan commitments
  • $1,139Tier 1 (core) risk-based capital
  • $8,947Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,061Restructured Loans and leases
  • $1,250Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,198Total interest income
  • $1,396Total interest expense
  • $2,802Net interest income
  • $0Provision for loan and lease losses
  • $199Total noninterest income
  • $0Fiduciary activities
  • $131Service charges on deposit accounts
  • $0Trading account gains & fees
  • $68Additional noninterest income
  • $1,524Total noninterest expense
  • $823Salaries and employee benefits
  • $245Premises and equipment expense
  • $456Additional noninterest expense
  • $1,477Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,477Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,477Net income attributable to bank
  • $0Net charge-offs
  • $1,477Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $681Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 2.84%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 17.33%Return on equity (ROE)
  • 9.34%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 184.63%Efficiency ratio
  • 50,783Assets per employee
  • 6.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.11%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 210.47%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 68.22%Net loans and leases to core deposits
  • 77.06%Equity capital to assets
  • 7.81%Core capital (leverage) ratio
  • 8.30%Tier 1 risk-based capital ratio
  • 11.69%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $103,833Average earning assets
  • $8,523Average equity
  • $98,658Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02620The First Security Bank15 South Douglas Avenue, Beaver, OK 73932January 16, 1916Full Service Brick and Mortar

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