The Security State Bank in city_name, state_name - Detailed Financial Reports, Location

The Security State Bank in Winters, Texas (TX)
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The Security State Bank routing number info

The Security State Bank - Overview

General
FDIC Certificate #: 18677
Status: Active
Federal Reserve ID: 304762
Date Established: January 01, 1917
WWW: http://www.ssbwingate.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 12551
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 03, 1963
Last Structure Change Effective Date: May 01, 2006
Last Structure Change Process Date: May 22, 2006
Last Data Update: May 22, 2006
Data Source Date: April 05, 2012
Location
Address: 700 S Main St, Winters, TX 79567
County: Runnels
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
History of Changes
Change in Location
Financial Summary
Total assets: $40.4 mil
Equity capital: $3.7 mil
Deposits held in domestic offices: $36.6 mil
Return on assets (ROA): 0.91% ($0.4 mil)
Quarterly return on assets: 0.57% ($0.2 mil)
Return on Equity (ROE): 10.17% ($0.4 mil)
Quarterly return on equity: 6.38% ($0.3 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.91% ($367.5 mil)
Quarterly Pretax return on assets: 0.57% ($230.2 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
15Total employees (full-time equivalent)
$40,385Total assets
$8,428Cash and due from depository institutions
$7,440Interest-bearing balances
$13,343Securities
$2,453Federal funds sold & reverse repurchase agreements
$14,594Net loans & leases
$231Loan loss allowance
$0Trading account assets
$683Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$40,385Life insurance assets
$884All other assets
$36,733Total liabilities and capital
$36,553Total liabilities
$26,521Total deposits
$36,553Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$180Subordinated debt
$3,652All other liabilities
$3,652Total equity capital
$3,652Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,500Surplus
$1,952Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$33Income earned, not collected on loans
$0Earning assets
$256Long-term assets (5+ years)
$37,830Average Assets, year-to-date
$5,696Average Assets, quarterly
$37,963Volatile liabilities
$40,592Insider loans
$19,748FHLB advances
$40,991Loans and leases held for sale
$386Unused loan commitments
$191Tier 1 (core) risk-based capital
$3,369Tier 2 risk-based capital
$0Total risk weighted assets
$195Total unused commitments
$1,445Restructured Loans and leases
$277Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,432Total interest income
$127Total interest expense
$1,305Net interest income
$48Provision for loan and lease losses
$452Total noninterest income
$0Fiduciary activities
$353Service charges on deposit accounts
$0Trading account gains & fees
$99Additional noninterest income
$1,363Total noninterest expense
$762Salaries and employee benefits
$257Premises and equipment expense
$344Additional noninterest expense
$346Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$346Income before extraordinary items
$0Extraordinary gains - net
$346Net income attributable to bank
$0Net charge-offs
$346Cash dividends
$52Sale, conversion, retirement of capital stock, net
$104Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.03%Yield on earning assets
0.36%Cost of funding earning assets
3.68%Net interest margin
1.27%Noninterest income to earning assets
3.84%Noninterest expense to earning assets
0.91%Net operating income to assets
0.91%Return on assets (ROA)
0.91%Pretax return on assets
10.17%Return on equity (ROE)
7.11%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
92.31%Credit loss provision to net charge-offs
7.58%Efficiency ratio
77,575Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.06%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
700.00%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.22%Net loans and leases to deposits
39.93%Net loans and leases to core deposits
41.82%Equity capital to assets
9.04%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
17.06%Total risk-based capital ratio
Memoranda
$18Average assets
$37,963Average earning assets
$3,403Average equity
$35,496Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	12551	The Security State Bank	700 S Main St, Winters, TX 79567	January 01, 1917	Full Service Brick and Mortar
2	360628	The Security State Bank Buffalo Gap	502 Vine, Buffalo Gap, TX 79508	July 02, 2001	Full Service Brick and Mortar

The Security State Bank in Winters, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The Security State Bank in Winters, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

The Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

The Security State Bank in Winters, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches