Security Bank in Paragould, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 1996

Security Bank in Paragould, Arkansas (AR)
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Security Bank - Overview

General
FDIC Certificate #: 102
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Planters Bank of Northeast Arkansas (#84)
Federal Reserve ID: 589046
Date Established: Febuary 05, 1931
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 9119
FDIC's unique #: 82
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: January 01, 1934
Last Structure Change Effective Date: Febuary 01, 1996
Last Structure Change Process Date: Febuary 21, 1996
Last Data Update: Febuary 21, 1996
Data Source Date: April 05, 2012
Location
Address: Court And Pruett Streets, Paragould, AR 72450
County: Greene
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Memphis
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Jonesboro-Paragould, AR (#308)
Core Based Statistical Area (CBSA): Paragould, AR (#37500)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $116.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$47Total assets
$116,636Cash and due from depository institutions
$4,992Interest-bearing balances
$117Securities
$20,615Federal funds sold & reverse repurchase agreements
$10,660Net loans & leases
$74,871Loan loss allowance
$907Trading account assets
$0Bank premises and fixed assets
$3,585Other real estate owned
$13Goodwill and other intangibles
$1,900Life insurance assets
$0All other assets
$0Total liabilities and capital
$116,636Total liabilities
$108,476Total deposits
$107,324Interest-bearing deposits
$93,914Deposits held in domestic offices
107324.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$573Subordinated debt
$0All other liabilities
$579Total equity capital
$579Total bank equity capital
$8,160Perpetual preferred stock
$0Common stock
$1,200Surplus
$1,905Undivided profits
Memoranda
$5,055Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$315Income earned, not collected on loans
$1,253Earning assets
$106,263Long-term assets (5+ years)
$2,639Average Assets, year-to-date
$112,217Average Assets, quarterly
$113,404Volatile liabilities
$5,260Insider loans
$1,206FHLB advances
$0Loans and leases held for sale
$185Unused loan commitments
$7,606Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,114Total risk weighted assets
$76,357Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$8,318Total interest expense
$3,837Net interest income
$4,481Provision for loan and lease losses
$45Total noninterest income
$1,166Fiduciary activities
$20Service charges on deposit accounts
$728Trading account gains & fees
$0Additional noninterest income
$418Total noninterest expense
$3,719Salaries and employee benefits
$2,052Premises and equipment expense
$645Additional noninterest expense
$1,022Pre-tax net operating income
$1,883Securities gains (losses)
-$5Applicable income taxes
$633Income before extraordinary items
$1,245Extraordinary gains - net
$0Net income attributable to bank
$1,245Net charge-offs
$89Cash dividends
$450Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.11%Cost of funding earning assets
3.74%Net interest margin
4.37%Noninterest income to earning assets
1.14%Noninterest expense to earning assets
3.63%Net operating income to assets
1.11%Return on assets (ROA)
1.11%Pretax return on assets
1.67%Return on equity (ROE)
16.30%Retained earnings to average equity (YTD only)
10.41%Net charge-offs to loans
0.12%Credit loss provision to net charge-offs
50.56%Efficiency ratio
65,734Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.14%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
287.94%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.42%Net loans and leases to deposits
69.76%Net loans and leases to core deposits
73.36%Equity capital to assets
7.00%Core capital (leverage) ratio
7.21%Tier 1 risk-based capital ratio
10.63%Total risk-based capital ratio
Memoranda
$12Average assets
$112,217Average earning assets
$7,640Average equity
$102,557Average loans

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