Security Bank in Flower Mound, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 1996

  • Security Bank in Flower Mound, Texas (TX)
  • Show street view No street view available for this location

Security Bank - Overview

  • General
  • FDIC Certificate #: 27190
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank-Dallas (#32700)
    Federal Reserve ID: 1168381
    Date Established: March 03, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39091
    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: March 03, 1988
    Last Structure Change Effective Date: Febuary 01, 1996
    Last Structure Change Process Date: March 08, 1996
    Last Data Update: March 08, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 2631 Cross Timbers, Flower Mound, TX 75028
    County: Denton
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $48.6 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)
  • $23Total assets
  • $48,650Cash and due from depository institutions
  • $4,326Interest-bearing balances
  • $1,102Securities
  • $11,532Federal funds sold & reverse repurchase agreements
  • $4,990Net loans & leases
  • $25,040Loan loss allowance
  • $389Trading account assets
  • $0Bank premises and fixed assets
  • $2,119Other real estate owned
  • $0Goodwill and other intangibles
  • $299Life insurance assets
  • $344All other assets
  • $0Total liabilities and capital
  • $48,650Total liabilities
  • $43,928Total deposits
  • $43,386Interest-bearing deposits
  • $29,116Deposits held in domestic offices
  • 43386.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $542Total equity capital
  • $542Total bank equity capital
  • $4,722Perpetual preferred stock
  • $0Common stock
  • $520Surplus
  • $2,346Undivided profits
  • Memoranda
  • $1,856Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $140Earning assets
  • $42,664Long-term assets (5+ years)
  • $1,161Average Assets, year-to-date
  • $47,165Average Assets, quarterly
  • $48,721Volatile liabilities
  • $2,655Insider loans
  • $777FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,154Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,383Total risk weighted assets
  • $29,466Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,541Total interest expense
  • $857Net interest income
  • $2,684Provision for loan and lease losses
  • $45Total noninterest income
  • $690Fiduciary activities
  • $0Service charges on deposit accounts
  • $531Trading account gains & fees
  • $0Additional noninterest income
  • $159Total noninterest expense
  • $1,927Salaries and employee benefits
  • $816Premises and equipment expense
  • $171Additional noninterest expense
  • $940Pre-tax net operating income
  • $1,402Securities gains (losses)
  • -$12Applicable income taxes
  • $432Income before extraordinary items
  • $958Extraordinary gains - net
  • $0Net income attributable to bank
  • $958Net charge-offs
  • -$1Cash dividends
  • $537Sale, 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
  • 8.45%Cost of funding earning assets
  • 2.04%Net interest margin
  • 6.40%Noninterest income to earning assets
  • 1.65%Noninterest expense to earning assets
  • 4.60%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 2.03%Pretax return on assets
  • 2.95%Return on equity (ROE)
  • 21.85%Retained earnings to average equity (YTD only)
  • 9.60%Net charge-offs to loans
  • -0.00%Credit loss provision to net charge-offs
  • -4500.00%Efficiency ratio
  • 55,661Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.05%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 57.71%Net loans and leases to core deposits
  • 61.48%Equity capital to assets
  • 9.71%Core capital (leverage) ratio
  • 9.22%Tier 1 risk-based capital ratio
  • 14.87%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $47,165Average earning assets
  • $4,385Average equity
  • $41,929Average loans

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