Security State Bank in Republic, Missouri (MO)
Table of contents:
| Security State Bank | |
|---|---|
| General | FDIC Certificate #: 16898 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Commerce Bank, National Association (#13072) Federal Reserve ID: 401652 Date Established: April 08, 1950 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 10985 Numeric code: 21 Regulator: FDIC 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: April 08, 1950 Last Structure Change Effective Date: August 01, 1993 Last Structure Change Process Date: August 05, 1993 Last Data Update: August 05, 1993 Data Source Date: April 05, 2012 |
| Location | Address: 141 North Highway 60, Republic, MO 65738 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) |
| Financial Summary | Total assets: $51.5 mil |
| Assets and Liabilities (December 31, 1992) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $36 |
| Cash and due from depository institutions | $50,809 |
| Interest-bearing balances | $8,476 |
| Securities | $5,783 |
| Federal funds sold & reverse repurchase agreements | $29,452 |
| Net loans & leases | $1,100 |
| Loan loss allowance | $10,409 |
| Trading account assets | $225 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $919 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $453 |
| Total liabilities and capital | $0 |
| Total liabilities | $50,809 |
| Total deposits | $45,466 |
| Interest-bearing deposits | $44,843 |
| Deposits held in domestic offices | $37,945 |
| % insured (estimated) | 44843.00% |
| Federal funds purchased & repurchase agreements | $94 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $623 |
| Total bank equity capital | $623 |
| Perpetual preferred stock | $5,343 |
| Common stock | $0 |
| Surplus | $241 |
| Undivided profits | $559 |
| Memoranda | |
| Noncurrent loans and leases | $4,543 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $9 |
| Earning assets | $83 |
| Long-term assets (5+ years) | $46,744 |
| Average Assets, year-to-date | $8,661 |
| Average Assets, quarterly | $50,781 |
| Volatile liabilities | $50,601 |
| Insider loans | $3,595 |
| FHLB advances | $2 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $545 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $5,343 |
| Total unused commitments | $13,700 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1992) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $3,649 |
| Net interest income | $1,547 |
| Provision for loan and lease losses | $2,102 |
| Total noninterest income | $15 |
| Fiduciary activities | $490 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $360 |
| Additional noninterest income | $0 |
| Total noninterest expense | $130 |
| Salaries and employee benefits | $1,841 |
| Premises and equipment expense | $967 |
| Additional noninterest expense | $214 |
| Pre-tax net operating income | $660 |
| Securities gains (losses) | $736 |
| Applicable income taxes | $424 |
| Income before extraordinary items | $406 |
| Extraordinary gains - net | $754 |
| Net income attributable to bank | $0 |
| Net charge-offs | $754 |
| Cash dividends | $12 |
| Sale, conversion, retirement of capital stock, net | $80 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1992) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.72% |
| Net interest margin | 3.27% |
| Noninterest income to earning assets | 4.45% |
| Noninterest expense to earning assets | 1.04% |
| Net operating income to assets | 3.90% |
| Return on assets (ROA) | 0.94% |
| Pretax return on assets | 1.48% |
| Return on equity (ROE) | 2.28% |
| Retained earnings to average equity (YTD only) | 14.87% |
| Net charge-offs to loans | 13.29% |
| Credit loss provision to net charge-offs | 0.10% |
| Efficiency ratio | 125.00% |
| Assets per employee | $71,026 |
| Cash dividends to net income (YTD only) | 1.41% |
| Condition Ratios (%) | |
| Loss allowance to loans | 10.61% |
| Loss allowance to noncurrent loans | 2.12% |
| Noncurrent assets plus other real estate owned to assets | 2500.00% |
| Noncurrent loans to loans | 0.02% |
| Net loans and leases to deposits | 0.08% |
| Net loans and leases to core deposits | 23.21% |
| Equity capital to assets | 25.24% |
| Core capital (leverage) ratio | 10.52% |
| Tier 1 risk-based capital ratio | 10.55% |
| Total risk-based capital ratio | 39.00% |
| Memoranda | |
| Average assets | $40 |
| Average earning assets | $50,781 |
| Average equity | $5,071 |
| Average loans | $47,262 |
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