First United Security Bank in Thomasville, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First United Security Bank in Thomasville, Alabama (AL)
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First United Security Bank - Overview

  • General
  • FDIC Certificate #: 17077
    Status: Active
    Federal Reserve ID: 259330
    Bank Holding Company (Regulatory Top Holder): United Security Bancshares, Inc. (RSSDID: 1086168, Location: Thomasville, AL)
    Date Established: January 21, 1952
    WWW: http://www.firstusbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 19 (Domestic: 19, Interstate: No)
    OTS Docket #: 10112
    FDIC's unique #: 11132
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 21, 1952
    Last Structure Change Effective Date: December 01, 2008
    Last Structure Change Process Date: January 12, 2012
    Last Data Update: January 12, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 131 West Front Street, Thomasville, AL 36784
    County: Clarke
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $624.2 mil
    Equity capital: $68.8 mil
    Deposits held in domestic offices: $527.4 mil
    Return on assets (ROA): -0.84% (-$5.2 mil)
    Quarterly return on assets: -3.84% (-$24.0 mil)
    Return on Equity (ROE): -7.08% (-$4.9 mil)
    Quarterly return on equity: -33.33% (-$23.0 mil)
    Net income: -$5.3 mil
    Quarterly Net income: -$6.1 mil
    Pretax return on assets: -1.54% (-$9,613.2 mil)
    Quarterly Pretax return on assets: -6.38% (-$39,825.9 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
  • 308Total employees (full-time equivalent)
  • $624,231Total assets
  • $52,797Cash and due from depository institutions
  • $43,306Interest-bearing balances
  • $123,340Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $383,471Net loans & leases
  • $19,880Loan loss allowance
  • $0Trading account assets
  • $9,049Bank premises and fixed assets
  • $18,358Other real estate owned
  • $0Goodwill and other intangibles
  • $624,231Life insurance assets
  • $37,216All other assets
  • $555,408Total liabilities and capital
  • $527,364Total liabilities
  • $467,954Total deposits
  • $527,364Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 356.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,000Trading liabilities
  • $0Other borrowed funds
  • $7,688Subordinated debt
  • $68,823All other liabilities
  • $68,835Total equity capital
  • $68,835Total bank equity capital
  • $0Perpetual preferred stock
  • $25Common stock
  • $8,816Surplus
  • $59,994Undivided profits
  • Memoranda
  • $-12Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,834Income earned, not collected on loans
  • $0Earning assets
  • $3,958Long-term assets (5+ years)
  • $550,117Average Assets, year-to-date
  • $130,930Average Assets, quarterly
  • $630,431Volatile liabilities
  • $630,937Insider loans
  • $431,076FHLB advances
  • $626,842Loans and leases held for sale
  • $12,922Unused loan commitments
  • $6,474Tier 1 (core) risk-based capital
  • $61,738Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,448Total unused commitments
  • $45,736Restructured Loans and leases
  • $3,017Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $42,342Total interest income
  • $7,019Total interest expense
  • $35,323Net interest income
  • $16,416Provision for loan and lease losses
  • -$559Total noninterest income
  • $0Fiduciary activities
  • $2,888Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,447Additional noninterest income
  • $30,514Total noninterest expense
  • $14,466Salaries and employee benefits
  • $3,204Premises and equipment expense
  • $12,844Additional noninterest expense
  • -$12,166Pre-tax net operating income
  • $2,471Securities gains (losses)
  • -$4,410Applicable income taxes
  • -$5,285Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,284Net income attributable to bank
  • -$1Net charge-offs
  • -$5,285Cash dividends
  • $17,472Sale, conversion, retirement of capital stock, net
  • $391Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 1.29%Cost of funding earning assets
  • 6.47%Net interest margin
  • -0.10%Noninterest income to earning assets
  • 5.59%Noninterest expense to earning assets
  • -1.09%Net operating income to assets
  • -0.84%Return on assets (ROA)
  • -1.54%Pretax return on assets
  • -7.08%Return on equity (ROE)
  • -7.61%Retained earnings to average equity (YTD only)
  • 4.32%Net charge-offs to loans
  • 93.96%Credit loss provision to net charge-offs
  • 0.24%Efficiency ratio
  • 78,826Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -7.40%Loss allowance to loans
  • 4.93%Loss allowance to noncurrent loans
  • 105.55%Noncurrent assets plus other real estate owned to assets
  • 5.96%Noncurrent loans to loans
  • 4.67%Net loans and leases to deposits
  • 72.71%Net loans and leases to core deposits
  • 81.83%Equity capital to assets
  • 11.03%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 14.32%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $630,431Average earning assets
  • $74,584Average equity
  • $546,117Average loans

List of branches

  • 19 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011132First United Security Bank131 West Front Street, Thomasville, AL 36784January 21, 1952Full Service Brick and Mortar
    1240379Fulton Branch1910 Alabama Highway 178, Fulton, AL 36446April 17, 1975Full Service Brick and Mortar
    2240380Coffeeville Branch688 Highway 84, Coffeeville, AL 36524May 22, 1975Full Service Brick and Mortar
    315333Highway 43 Branch32451 Highway 43, Thomasville, AL 36784August 01, 1975Full Service Brick and Mortar
    512979Butler Branch305 South Mulberry Street, Butler, AL 36904June 22, 1964Full Service Brick and Mortar
    6247433South Choctaw Branch43 Melvin Road, Gilbertown, AL 36908March 01, 1974Full Service Brick and Mortar
    810884Brent Branch2334 Main Street, Brent, AL 35034January 02, 1912Full Service Brick and Mortar
    93820131 Main Street Branch131 Main Street, Grove Hill, AL 36451January 01, 1910Full Service Brick and Mortar
    109725Jackson Branch208 Commerce Street, Jackson, AL 36545August 01, 1936Full Service Brick and Mortar
    11233898Thomasville Branch33445 Highway 43, Thomasville, AL 36784January 03, 1984Full Service Brick and Mortar
    12207886North College Avenue Branch2101 College Ave,, Jackson, AL 36545March 16, 1992Full Service Brick and Mortar
    1310883Centreville Branch135 Belcher Street, Centreville, AL 35042June 01, 1914Full Service Brick and Mortar
    14238747North Bibb Branch20041 Highway 11, Woodstock, AL 35188April 22, 1974Full Service Brick and Mortar
    15240383Cobb Street Branch102 Cobb Street, Grove Hill, AL 36451April 06, 1998Limited Service Facility
    16240384Bucksville Community Branch22170 Alabama Highway 216, Mccalla, AL 35111April 05, 1999Full Service Brick and Mortar
    17240385Harpersville Branch52 Wheat Street, Harpersville, AL 35078July 01, 1998Full Service Brick and Mortar
    20365469Calera Branch4720 Highway 31, Calera, AL 35040July 23, 2002Full Service Brick and Mortar
    21429298Tuscaloosa8710 Highway 69 S., Tuscaloosa, AL 35405July 09, 2003Full Service Brick and Mortar
    22453310Columbiana Branch225 West College Street, Columbiana, AL 35051March 06, 2006Full Service Brick and Mortar
1
Joyce Andrews
Jul 20, 2023 @ 1:13 pm
Could you please let me know of the stock price of United Security Bank in the year 2002. Thank you for your help in this matter.

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