Security Bank of Houston County in Perry, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 24, 2009

  • Security Bank of Houston County in Perry, Georgia (GA)
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Security Bank of Houston County - Overview

  • General
  • FDIC Certificate #: 27048
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: State Bank and Trust Company (#57870)
    Federal Reserve ID: 708137
    Date Established: September 14, 1987
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 13084
    FDIC's unique #: 38560
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 14, 1987
    Last Structure Change Effective Date: July 24, 2009
    Last Structure Change Process Date: July 27, 2009
    Last Data Update: July 27, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1208 Washington Street, Perry, GA 31069
    County: Houston
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Macon, GA (#4680)
    Combined Statistical Area (CSA): Macon-Warner Robins-Fort Valley, GA (#356)
    Core Based Statistical Area (CBSA): Warner Robins, GA (#47580)
    CBSA Metro Statistical Area: Warner Robins, GA (#47580)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $371.6 mil

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

2000 - 2011 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, 2008)

  • Dollar figures in thousands
  • 65Total employees (full-time equivalent)
  • $383,678Total assets
  • $56,465Cash and due from depository institutions
  • $47,707Interest-bearing balances
  • $78,548Securities
  • $191Federal funds sold & reverse repurchase agreements
  • $227,242Net loans & leases
  • $3,809Loan loss allowance
  • $0Trading account assets
  • $4,944Bank premises and fixed assets
  • $5,418Other real estate owned
  • $0Goodwill and other intangibles
  • $318Life insurance assets
  • $10,870All other assets
  • $383,678Total liabilities and capital
  • $362,893Total liabilities
  • $316,363Total deposits
  • $303,442Interest-bearing deposits
  • $316,363Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,492Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $39,000Other borrowed funds
  • $0Subordinated debt
  • $5,038All other liabilities
  • $20,785Total equity capital
  • $20,785Total bank equity capital
  • $20,785Perpetual preferred stock
  • $0Common stock
  • $1,508Surplus
  • $5,021Undivided profits
  • Memoranda
  • $14,256Noncurrent loans and leases
  • $22,528Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $14,625Earning assets
  • $0Long-term assets (5+ years)
  • $2,589Average Assets, year-to-date
  • $353,688Average Assets, quarterly
  • $36,838Volatile liabilities
  • $350,981Insider loans
  • $367,733FHLB advances
  • $72,680Loans and leases held for sale
  • $10,513Unused loan commitments
  • $39,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $22,528Total unused commitments
  • $0Restructured Loans and leases
  • $2,918Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $19,390Total interest income
  • $9,967Total interest expense
  • $9,423Net interest income
  • $9,783Provision for loan and lease losses
  • $2,826Total noninterest income
  • $0Fiduciary activities
  • $2,346Service charges on deposit accounts
  • $0Trading account gains & fees
  • $480Additional noninterest income
  • $7,422Total noninterest expense
  • $3,308Salaries and employee benefits
  • $712Premises and equipment expense
  • $3,402Additional noninterest expense
  • -$4,956Pre-tax net operating income
  • $352Securities gains (losses)
  • -$2,066Applicable income taxes
  • -$2,538Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,538Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $10,074Sale, conversion, retirement of capital stock, net
  • $1,399Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.10%Yield on earning assets
  • 3.13%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 2.33%Noninterest expense to earning assets
  • -0.79%Net operating income to assets
  • -0.72%Return on assets (ROA)
  • -1.31%Pretax return on assets
  • -11.40%Return on equity (ROE)
  • -17.69%Retained earnings to average equity (YTD only)
  • 4.08%Net charge-offs to loans
  • 97.11%Credit loss provision to net charge-offs
  • 0.48%Efficiency ratio
  • 60,593Assets per employee
  • 5.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -55.12%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 26.04%Noncurrent assets plus other real estate owned to assets
  • 5.22%Noncurrent loans to loans
  • 6.33%Net loans and leases to deposits
  • 71.83%Net loans and leases to core deposits
  • 92.31%Equity capital to assets
  • 5.42%Core capital (leverage) ratio
  • 5.67%Tier 1 risk-based capital ratio
  • 8.87%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $350,981Average earning assets
  • $22,261Average equity
  • $317,953Average loans

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