First Security Bank of Conway in city_name, state_name - Detailed Financial Reports, Location

First Security Bank of Conway in Conway, Arkansas (AR)
Show street view No street view available for this location

First Security Bank of Conway - Overview

General
FDIC Certificate #: 33502
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Security Bank (#5633)
Federal Reserve ID: 1890374
Date Established: September 16, 1991
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 10 (Interstate: No)
OTS Docket #: 12514
FDIC's unique #: 47250
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: September 16, 1991
Last Structure Change Effective Date: October 14, 2008
Last Structure Change Process Date: October 16, 2008
Last Data Update: October 16, 2008
Data Source Date: April 05, 2012
Location
Address: 1001 Front Street, Conway, AR 72032
County: Faulkner
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Little Rock-North Little Rock, AR (#4400)
Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340)
Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780)
CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
Financial Summary
Total assets: $392.1 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, 2007)

Dollar figures in thousands
125Total employees (full-time equivalent)
$381,691Total assets
$13,557Cash and due from depository institutions
$178Interest-bearing balances
$78,941Securities
$11,985Federal funds sold & reverse repurchase agreements
$256,690Net loans & leases
$2,931Loan loss allowance
$0Trading account assets
$11,784Bank premises and fixed assets
$149Other real estate owned
$1,381Goodwill and other intangibles
$0Life insurance assets
$7,204All other assets
$381,691Total liabilities and capital
$352,305Total liabilities
$336,891Total deposits
$297,973Interest-bearing deposits
$336,891Deposits held in domestic offices
0.00%% insured (estimated)
$2,682Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,811Other borrowed funds
$0Subordinated debt
$1,921All other liabilities
$29,386Total equity capital
$29,386Total bank equity capital
$29,386Perpetual preferred stock
$0Common stock
$540Surplus
$10,335Undivided profits
Memoranda
$18,511Noncurrent loans and leases
$37,502Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,688Earning assets
$0Long-term assets (5+ years)
$2,562Average Assets, year-to-date
$347,794Average Assets, quarterly
$65,003Volatile liabilities
$374,773Insider loans
$380,182FHLB advances
$77,681Loans and leases held for sale
$9,169Unused loan commitments
$10,811Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,429Total risk weighted assets
$37,502Total unused commitments
$0Restructured Loans and leases
$2,931Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$25,123Total interest income
$11,927Total interest expense
$13,196Net interest income
$820Provision for loan and lease losses
$2,456Total noninterest income
$0Fiduciary activities
$1,249Service charges on deposit accounts
$0Trading account gains & fees
$1,207Additional noninterest income
$9,157Total noninterest expense
$5,191Salaries and employee benefits
$1,708Premises and equipment expense
$2,258Additional noninterest expense
$5,675Pre-tax net operating income
$24Securities gains (losses)
$1,934Applicable income taxes
$3,765Income before extraordinary items
$0Extraordinary gains - net
$3,765Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$995Sale, conversion, retirement of capital stock, net
$1,603Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.33%Yield on earning assets
3.48%Cost of funding earning assets
3.85%Net interest margin
0.72%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
1.00%Net operating income to assets
1.00%Return on assets (ROA)
1.52%Pretax return on assets
13.32%Return on equity (ROE)
7.65%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
82.41%Credit loss provision to net charge-offs
6.53%Efficiency ratio
57,092Assets per employee
3.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.58%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
173.64%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.65%Net loans and leases to deposits
76.19%Net loans and leases to core deposits
98.01%Equity capital to assets
7.70%Core capital (leverage) ratio
7.36%Tier 1 risk-based capital ratio
10.14%Total risk-based capital ratio
Memoranda
$11Average assets
$374,773Average earning assets
$28,259Average equity
$342,745Average loans

First Security Bank of Conway in Conway, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank of Conway - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

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

First Security Bank of Conway in Conway, Arkansas (AR)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank of Conway - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

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

First Security Bank of Conway in Conway, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches