Security Bank in Coweta, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

Security Bank in Coweta, Oklahoma (OK)
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Security Bank - Overview

General
FDIC Certificate #: 4072
Status: Inactive
Closing history: Corrections
Acquiring institution: BancFirst (#27476)
Federal Reserve ID: 1011450
Date Established: January 01, 1903
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 2646
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: January 01, 1994
Last Structure Change Process Date: January 26, 1994
Last Data Update: January 26, 1994
Data Source Date: April 05, 2012
Location
Address: Highway 51 And Broadway, Coweta, OK 74429
County: Wagoner
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
CBSA Metro Statistical Area: Tulsa, OK (#46140)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $22.7 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$22,675Cash and due from depository institutions
$1,550Interest-bearing balances
$0Securities
$6,686Federal funds sold & reverse repurchase agreements
$1,175Net loans & leases
$12,284Loan loss allowance
$233Trading account assets
$0Bank premises and fixed assets
$671Other real estate owned
$87Goodwill and other intangibles
$222Life insurance assets
$0All other assets
$0Total liabilities and capital
$22,675Total liabilities
$20,934Total deposits
$20,769Interest-bearing deposits
$15,018Deposits held in domestic offices
20769.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$165Total equity capital
$165Total bank equity capital
$1,741Perpetual preferred stock
$0Common stock
$754Surplus
$377Undivided profits
Memoranda
$610Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$36Income earned, not collected on loans
$104Earning assets
$20,145Long-term assets (5+ years)
$2,855Average Assets, year-to-date
$23,090Average Assets, quarterly
$22,637Volatile liabilities
$1,000Insider loans
$204FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,521Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,741Total risk weighted assets
$12,014Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,748Total interest expense
$478Net interest income
$1,270Provision for loan and lease losses
$0Total noninterest income
$441Fiduciary activities
$0Service charges on deposit accounts
$355Trading account gains & fees
$0Additional noninterest income
$86Total noninterest expense
$1,053Salaries and employee benefits
$435Premises and equipment expense
$173Additional noninterest expense
$445Pre-tax net operating income
$658Securities gains (losses)
$5Applicable income taxes
$230Income before extraordinary items
$433Extraordinary gains - net
$0Net income attributable to bank
$433Net charge-offs
-$7Cash dividends
$130Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.60%Cost of funding earning assets
2.35%Net interest margin
6.25%Noninterest income to earning assets
2.17%Noninterest expense to earning assets
5.18%Net operating income to assets
1.86%Return on assets (ROA)
1.88%Pretax return on assets
2.87%Return on equity (ROE)
26.69%Retained earnings to average equity (YTD only)
18.68%Net charge-offs to loans
-0.05%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,543Assets per employee
1.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.02%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
647.22%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.29%Net loans and leases to deposits
59.15%Net loans and leases to core deposits
62.14%Equity capital to assets
7.68%Core capital (leverage) ratio
7.51%Tier 1 risk-based capital ratio
14.49%Total risk-based capital ratio
Memoranda
$16Average assets
$23,090Average earning assets
$1,622Average equity
$20,317Average loans

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