Security Bank, S.S.B. in Milwaukee, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1997

  • Security Bank, S.S.B. in Milwaukee, Wisconsin (WI)
  • Show street view No street view available for this location

Security Bank, S.S.B. - Overview

  • General
  • FDIC Certificate #: 28685
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: M&I Marshall and Ilsley Bank (#1020)
    Federal Reserve ID: 500377
    Date Established: January 01, 1913
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 45 (Interstate: No)
    OTS Docket #: 2151
    FDIC's unique #: 41519
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 02, 1939
    Last Structure Change Effective Date: October 01, 1997
    Last Structure Change Process Date: November 17, 1997
    Last Data Update: November 17, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 184 West Wisconsin Avenue, Milwaukee, WI 53203
    County: Milwaukee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • Financial Summary
  • Total assets: $3,548.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $911Total assets
  • $3,568,682Cash and due from depository institutions
  • $33,083Interest-bearing balances
  • $977Securities
  • $615,532Federal funds sold & reverse repurchase agreements
  • $50,000Net loans & leases
  • $2,725,889Loan loss allowance
  • $40,786Trading account assets
  • $0Bank premises and fixed assets
  • $23,743Other real estate owned
  • $122Goodwill and other intangibles
  • $117,989Life insurance assets
  • $2,324All other assets
  • $0Total liabilities and capital
  • $3,568,682Total liabilities
  • $3,131,695Total deposits
  • $2,347,703Interest-bearing deposits
  • $2,239,196Deposits held in domestic offices
  • 2347703.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $243,000Trading liabilities
  • $0Other borrowed funds
  • $489,516Subordinated debt
  • $0All other liabilities
  • $51,476Total equity capital
  • $51,476Total bank equity capital
  • $436,987Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $72,224Undivided profits
  • Memoranda
  • $364,762Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,063Income earned, not collected on loans
  • $13,222Earning assets
  • $3,392,398Long-term assets (5+ years)
  • $983,288Average Assets, year-to-date
  • $3,343,338Average Assets, quarterly
  • $3,485,003Volatile liabilities
  • $441,957Insider loans
  • $1,674FHLB advances
  • $0Loans and leases held for sale
  • $33,052Unused loan commitments
  • $266,752Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $429,247Total risk weighted assets
  • $2,547,337Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $255,077Total interest expense
  • $137,078Net interest income
  • $117,999Provision for loan and lease losses
  • $3,892Total noninterest income
  • $21,666Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,232Trading account gains & fees
  • $0Additional noninterest income
  • $20,434Total noninterest expense
  • $88,793Salaries and employee benefits
  • $35,313Premises and equipment expense
  • $7,368Additional noninterest expense
  • $46,112Pre-tax net operating income
  • $46,980Securities gains (losses)
  • $12Applicable income taxes
  • $16,780Income before extraordinary items
  • $30,212Extraordinary gains - net
  • $0Net income attributable to bank
  • $30,212Net charge-offs
  • $318Cash dividends
  • $10,000Sale, conversion, retirement of capital stock, net
  • $3,216Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.02%Cost of funding earning assets
  • 4.31%Net interest margin
  • 3.71%Noninterest income to earning assets
  • 0.68%Noninterest expense to earning assets
  • 2.79%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 7.14%Retained earnings to average equity (YTD only)
  • 4.78%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 1223.90%Efficiency ratio
  • 63,180Assets per employee
  • 3.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.10%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 1003.84%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 116.11%Net loans and leases to core deposits
  • 120.21%Equity capital to assets
  • 12.25%Core capital (leverage) ratio
  • 12.38%Tier 1 risk-based capital ratio
  • 16.85%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $3,343,338Average earning assets
  • $423,240Average equity
  • $3,180,482Average loans

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