Herrin Security Bank in city_name, state_name - Detailed Financial Reports, Location

Herrin Security Bank in Herrin, Illinois (IL)
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Herrin Security Bank routing number info

Herrin Security Bank - Overview

General
FDIC Certificate #: 17793
Status: Active
Federal Reserve ID: 656742
Bank Holding Company (Regulatory Top Holder): Security Bancorp, Inc. (RSSDID: 1137097, Location: Herrin, IL)
Date Established: August 12, 1957
WWW: http://www.herrinsecuritybank.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)
OTS Docket #: 12944
FDIC's unique #: 11742
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: Mortgage Lending Specialization
Date of Deposit Insurance: August 12, 1957
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 114 West Monroe Street, Herrin, IL 62948
County: Williamson
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): Carbondale-Marion-Herrin, IL (#166)
Core Based Statistical Area (CBSA): Marion-Herrin, IL (#32060)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $107.0 mil
Equity capital: $12.1 mil
Deposits held in domestic offices: $94.7 mil
Return on assets (ROA): 0.93% ($1.0 mil)
Quarterly return on assets: 0.52% ($0.6 mil)
Return on Equity (ROE): 8.65% ($1.0 mil)
Quarterly return on equity: 4.61% ($0.6 mil)
Net income: $1.0 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.93% ($995.3 mil)
Quarterly Pretax return on assets: 0.52% ($556.5 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
26Total employees (full-time equivalent)
$107,022Total assets
$3,337Cash and due from depository institutions
$388Interest-bearing balances
$48,138Securities
$4,446Federal funds sold & reverse repurchase agreements
$47,358Net loans & leases
$562Loan loss allowance
$0Trading account assets
$1,526Bank premises and fixed assets
$307Other real estate owned
$0Goodwill and other intangibles
$107,022Life insurance assets
$1,910All other assets
$94,925Total liabilities and capital
$94,692Total liabilities
$80,574Total deposits
$94,692Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$233Subordinated debt
$12,097All other liabilities
$12,097Total equity capital
$12,097Total bank equity capital
$0Perpetual preferred stock
$225Common stock
$1,275Surplus
$10,597Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,716Income earned, not collected on loans
$0Earning assets
$440Long-term assets (5+ years)
$100,330Average Assets, year-to-date
$46,483Average Assets, quarterly
$107,552Volatile liabilities
$107,736Insider loans
$49,068FHLB advances
$107,346Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,758Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$2,944Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,575Total interest income
$807Total interest expense
$3,768Net interest income
$103Provision for loan and lease losses
$441Total noninterest income
$0Fiduciary activities
$171Service charges on deposit accounts
$0Trading account gains & fees
$270Additional noninterest income
$3,191Total noninterest expense
$1,589Salaries and employee benefits
$300Premises and equipment expense
$1,302Additional noninterest expense
$915Pre-tax net operating income
$81Securities gains (losses)
$0Applicable income taxes
$996Income before extraordinary items
$0Extraordinary gains - net
$996Net income attributable to bank
$0Net charge-offs
$996Cash dividends
$158Sale, conversion, retirement of capital stock, net
$365Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.55%Yield on earning assets
0.80%Cost of funding earning assets
3.75%Net interest margin
0.44%Noninterest income to earning assets
3.17%Noninterest expense to earning assets
0.85%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
8.65%Return on equity (ROE)
5.48%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
65.19%Credit loss provision to net charge-offs
6.44%Efficiency ratio
75,814Assets per employee
4.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.65%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
32.75%Noncurrent assets plus other real estate owned to assets
1.89%Noncurrent loans to loans
3.58%Net loans and leases to deposits
50.01%Net loans and leases to core deposits
51.57%Equity capital to assets
11.30%Core capital (leverage) ratio
10.02%Tier 1 risk-based capital ratio
21.92%Total risk-based capital ratio
Memoranda
$23Average assets
$107,552Average earning assets
$11,512Average equity
$100,596Average loans

List of branches

2 Illinois Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	11742	Herrin Security Bank	114 West Monroe Street, Herrin, IL 62948	August 12, 1957	Full Service Brick and Mortar
1	242786	Royalton Facility	205 South Main Street, Royalton, IL 62983	November 15, 1982	Full Service Brick and Mortar

Herrin Security Bank in Herrin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Herrin Security 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:

Herrin Security Bank in Herrin, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

Herrin Security 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:

Herrin Security Bank in Herrin, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches