Family Security Bank in Brookings, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2001

Family Security Bank in Brookings, Oregon (OR)
Show street view No street view available for this location

Family Security Bank - Overview

General
FDIC Certificate #: 34706
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Umpqua Bank (#17266)
Federal Reserve ID: 2670818
Date Established: May 01, 1998
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
FDIC's unique #: 61310
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: May 01, 1998
Last Structure Change Effective Date: December 31, 2001
Last Structure Change Process Date: Febuary 05, 2002
Last Data Update: Febuary 05, 2002
Data Source Date: April 05, 2012
Location
Address: 16271 Highway 101 South, Brookings, OR 97415
County: Curry
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Portland
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Brookings, OR (#15060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $34.2 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
14Total employees (full-time equivalent)
$29,972Total assets
$1,133Cash and due from depository institutions
$4Interest-bearing balances
$11,266Securities
$0Federal funds sold & reverse repurchase agreements
$17,059Net loans & leases
$203Loan loss allowance
$0Trading account assets
$196Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$318All other assets
$29,972Total liabilities and capital
$27,618Total liabilities
$25,987Total deposits
$22,139Interest-bearing deposits
$25,987Deposits held in domestic offices
0.00%% insured (estimated)
$1,348Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$283All other liabilities
$2,354Total equity capital
$2,354Total bank equity capital
$2,354Perpetual preferred stock
$0Common stock
$1,900Surplus
$0Undivided profits
Memoranda
$454Noncurrent loans and leases
$2,610Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$107Average Assets, year-to-date
$28,329Average Assets, quarterly
$8,050Volatile liabilities
$28,161Insider loans
$29,870FHLB advances
$4,941Loans and leases held for sale
$1,116Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,610Total unused commitments
$0Restructured Loans and leases
$203Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$2,161Total interest income
$960Total interest expense
$1,201Net interest income
$56Provision for loan and lease losses
$323Total noninterest income
$0Fiduciary activities
$144Service charges on deposit accounts
$0Trading account gains & fees
$179Additional noninterest income
$1,120Total noninterest expense
$487Salaries and employee benefits
$155Premises and equipment expense
$478Additional noninterest expense
$348Pre-tax net operating income
$0Securities gains (losses)
$88Applicable income taxes
$260Income before extraordinary items
$0Extraordinary gains - net
$260Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$30Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.19%Yield on earning assets
3.64%Cost of funding earning assets
4.55%Net interest margin
1.22%Noninterest income to earning assets
4.25%Noninterest expense to earning assets
0.92%Net operating income to assets
0.92%Return on assets (ROA)
1.24%Pretax return on assets
12.63%Return on equity (ROE)
12.63%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
186.67%Credit loss provision to net charge-offs
13.47%Efficiency ratio
73,491Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%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
65.64%Net loans and leases to core deposits
76.18%Equity capital to assets
7.85%Core capital (leverage) ratio
7.72%Tier 1 risk-based capital ratio
10.75%Total risk-based capital ratio
Memoranda
$12Average assets
$28,161Average earning assets
$2,059Average equity
$26,377Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Family Security Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.