The Security Bank in Harrison, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 1998

  • The Security Bank in Harrison, Arkansas (AR)
  • Show street view No street view available for this location

The Security Bank - Overview

  • General
  • FDIC Certificate #: 83
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 267148
    Date Established: November 01, 1931
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 14457
    FDIC's unique #: 63
    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: January 01, 1934
    Last Structure Change Effective Date: September 24, 1998
    Last Structure Change Process Date: October 29, 1998
    Last Data Update: October 29, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 North Vine Street, Harrison, AR 72601
    County: Boone
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Harrison, AR (#25460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $119.3 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
  • 52Total employees (full-time equivalent)
  • $121,339Total assets
  • $4,909Cash and due from depository institutions
  • $540Interest-bearing balances
  • $28,824Securities
  • $2,175Federal funds sold & reverse repurchase agreements
  • $81,566Net loans & leases
  • $1,238Loan loss allowance
  • $0Trading account assets
  • $1,748Bank premises and fixed assets
  • $28Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,089All other assets
  • $121,339Total liabilities and capital
  • $112,378Total liabilities
  • $111,155Total deposits
  • $93,891Interest-bearing deposits
  • $111,155Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $536Other borrowed funds
  • $0Subordinated debt
  • $687All other liabilities
  • $8,961Total equity capital
  • $8,961Total bank equity capital
  • $8,961Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $4,900Undivided profits
  • Memoranda
  • $3,961Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,575Earning assets
  • $0Long-term assets (5+ years)
  • $733Average Assets, year-to-date
  • $113,105Average Assets, quarterly
  • $18,377Volatile liabilities
  • $119,304Insider loans
  • $121,527FHLB advances
  • $14,846Loans and leases held for sale
  • $4,551Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,532Total unused commitments
  • $0Restructured Loans and leases
  • $85,421Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $9,435Total interest income
  • $3,843Total interest expense
  • $5,592Net interest income
  • $503Provision for loan and lease losses
  • $724Total noninterest income
  • $42Fiduciary activities
  • $427Service charges on deposit accounts
  • $0Trading account gains & fees
  • $255Additional noninterest income
  • $2,907Total noninterest expense
  • $1,418Salaries and employee benefits
  • $404Premises and equipment expense
  • $1,085Additional noninterest expense
  • $2,906Pre-tax net operating income
  • -$1Securities gains (losses)
  • $999Applicable income taxes
  • $1,906Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,906Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $385Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.52%Yield on earning assets
  • 3.47%Cost of funding earning assets
  • 5.05%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.60%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 2.43%Pretax return on assets
  • 21.95%Return on equity (ROE)
  • -1.08%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 130.65%Credit loss provision to net charge-offs
  • 8.85%Efficiency ratio
  • 46,026Assets per employee
  • 2.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.93%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 78.60%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 73.38%Net loans and leases to core deposits
  • 84.69%Equity capital to assets
  • 7.39%Core capital (leverage) ratio
  • 7.22%Tier 1 risk-based capital ratio
  • 10.45%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $119,304Average earning assets
  • $8,683Average equity
  • $110,791Average loans

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