FDIC Certificate #: 14386 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Community Bank (#17323) Federal Reserve ID: 850250 Date Established: May 10, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 8991 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: May 18, 1934 Last Structure Change Effective Date: January 08, 1999 Last Structure Change Process Date: Febuary 26, 1999 Last Data Update: Febuary 26, 1999 Data Source Date: April 05, 2012
Location
Address: 231 South Main Street, Ironton, MO 63650 County: Iron Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $47.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
15Total employees (full-time equivalent)
$47,106Total assets
$1,972Cash and due from depository institutions
$0Interest-bearing balances
$15,465Securities
$2,575Federal funds sold & reverse repurchase agreements
$25,760Net loans & leases
$458Loan loss allowance
$0Trading account assets
$635Bank premises and fixed assets
$348Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$351All other assets
$47,106Total liabilities and capital
$43,570Total liabilities
$43,341Total deposits
$37,517Interest-bearing deposits
$43,341Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$229All other liabilities
$3,536Total equity capital
$3,536Total bank equity capital
$3,536Perpetual preferred stock
$0Common stock
$300Surplus
$600Undivided profits
Memoranda
$2,636Noncurrent loans and leases
$0Noncurrent 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)
$126Average Assets, year-to-date
$43,800Average Assets, quarterly
$4,106Volatile liabilities
$44,812Insider loans
$46,367FHLB advances
$5,810Loans and leases held for sale
$932Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$635Total unused commitments
$0Restructured Loans and leases
$23,811Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,171Total interest income
$1,521Total interest expense
$1,650Net interest income
$60Provision for loan and lease losses
$292Total noninterest income
$0Fiduciary activities
$142Service charges on deposit accounts
$0Trading account gains & fees
$150Additional noninterest income
$983Total noninterest expense
$498Salaries and employee benefits
$98Premises and equipment expense
$387Additional noninterest expense
$899Pre-tax net operating income
$0Securities gains (losses)
$312Applicable income taxes
$587Income before extraordinary items
$0Extraordinary gains - net
$587Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$452Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.49%Yield on earning assets
3.59%Cost of funding earning assets
3.90%Net interest margin
0.69%Noninterest income to earning assets
2.32%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
2.01%Pretax return on assets
16.33%Return on equity (ROE)
3.76%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-1500.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
50,618Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.00%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
0.00%Net loans and leases to deposits
59.44%Net loans and leases to core deposits
68.64%Equity capital to assets
7.51%Core capital (leverage) ratio
7.73%Tier 1 risk-based capital ratio
14.85%Total risk-based capital ratio
Memoranda
$16Average assets
$44,812Average earning assets
$3,594Average equity
$42,313Average 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 Iron County 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.
Comment about this bank, ask questions, or add new information about it: