Security National Bank in Jefferson, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 07, 1996

Security National Bank in Jefferson, Iowa (IA)
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Security National Bank - Overview

General
FDIC Certificate #: 14572
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Peoples Trust & Savings Bank (#14692)
Federal Reserve ID: 411446
Date Established: November 01, 1905
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 9106
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: June 27, 1934
Last Structure Change Effective Date: March 07, 1996
Last Structure Change Process Date: March 22, 1996
Last Data Update: March 22, 1996
Data Source Date: April 05, 2012
Location
Address: 116 West State Street, Jefferson, IA 50129
County: Chickasaw
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $29.8 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)
$12Total assets
$29,804Cash and due from depository institutions
$1,022Interest-bearing balances
$0Securities
$4,808Federal funds sold & reverse repurchase agreements
$2,760Net loans & leases
$19,755Loan loss allowance
$129Trading account assets
$0Bank premises and fixed assets
$739Other real estate owned
$0Goodwill and other intangibles
$720Life insurance assets
$0All other assets
$0Total liabilities and capital
$29,804Total liabilities
$26,995Total deposits
$26,631Interest-bearing deposits
$23,893Deposits held in domestic offices
26631.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$364Total equity capital
$364Total bank equity capital
$2,809Perpetual preferred stock
$0Common stock
$400Surplus
$1,000Undivided profits
Memoranda
$1,409Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$99Income earned, not collected on loans
$628Earning assets
$27,323Long-term assets (5+ years)
$976Average Assets, year-to-date
$29,799Average Assets, quarterly
$29,253Volatile liabilities
$1,825Insider loans
$45FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,033Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,813Total risk weighted assets
$20,761Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,123Total interest expense
$1,067Net interest income
$1,056Provision for loan and lease losses
$43Total noninterest income
$129Fiduciary activities
$0Service charges on deposit accounts
$104Trading account gains & fees
$0Additional noninterest income
$25Total noninterest expense
$876Salaries and employee benefits
$460Premises and equipment expense
$132Additional noninterest expense
$284Pre-tax net operating income
$266Securities gains (losses)
-$1Applicable income taxes
$52Income before extraordinary items
$213Extraordinary gains - net
$0Net income attributable to bank
$213Net charge-offs
$95Cash dividends
$120Sale, 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
7.77%Cost of funding earning assets
3.91%Net interest margin
3.87%Noninterest income to earning assets
0.47%Noninterest expense to earning assets
3.21%Net operating income to assets
0.72%Return on assets (ROA)
0.71%Pretax return on assets
0.89%Return on equity (ROE)
7.89%Retained earnings to average equity (YTD only)
3.45%Net charge-offs to loans
0.49%Credit loss provision to net charge-offs
45.26%Efficiency ratio
73,924Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.34%Loss allowance to loans
0.65%Loss allowance to noncurrent loans
130.30%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.50%Net loans and leases to deposits
74.18%Net loans and leases to core deposits
79.64%Equity capital to assets
9.42%Core capital (leverage) ratio
9.71%Tier 1 risk-based capital ratio
13.55%Total risk-based capital ratio
Memoranda
$14Average assets
$29,799Average earning assets
$2,699Average equity
$27,319Average loans

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