Security Savings Bank, F.S.B. in Hillsboro, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 17, 1996

  • Security Savings Bank, F.S.B. in Hillsboro, Illinois (IL)
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Security Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 33106
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Bank (#16276)
    Federal Reserve ID: 329970
    Date Established: May 15, 1990
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8875
    FDIC's unique #: 46340
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 15, 1990
    Last Structure Change Effective Date: September 17, 1996
    Last Structure Change Process Date: September 26, 1996
    Last Data Update: September 26, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 220 South Main Street, Hillsboro, IL 62049
    County: Montgomery
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $9.9 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)
  • $7Total assets
  • $12,079Cash and due from depository institutions
  • $263Interest-bearing balances
  • $157Securities
  • $2,002Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $9,531Loan loss allowance
  • $90Trading account assets
  • $0Bank premises and fixed assets
  • $62Other real estate owned
  • $0Goodwill and other intangibles
  • $221Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $12,079Total liabilities
  • $11,110Total deposits
  • $10,731Interest-bearing deposits
  • $10,731Deposits held in domestic offices
  • 10731.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $300Subordinated debt
  • $0All other liabilities
  • $79Total equity capital
  • $79Total bank equity capital
  • $969Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $306Undivided profits
  • Memoranda
  • $163Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $43Income earned, not collected on loans
  • $81Earning assets
  • $11,690Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $12,987Average Assets, quarterly
  • $12,851Volatile liabilities
  • $300Insider loans
  • $0FHLB advances
  • $300Loans and leases held for sale
  • $0Unused loan commitments
  • $971Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $969Total risk weighted assets
  • $6,125Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $967Total interest expense
  • $595Net interest income
  • $372Provision for loan and lease losses
  • $18Total noninterest income
  • $26Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $26Total noninterest expense
  • $299Salaries and employee benefits
  • $156Premises and equipment expense
  • $85Additional noninterest expense
  • $58Pre-tax net operating income
  • $81Securities gains (losses)
  • $30Applicable income taxes
  • $31Income before extraordinary items
  • $80Extraordinary gains - net
  • $0Net income attributable to bank
  • $80Net charge-offs
  • $0Cash dividends
  • $21Sale, 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
  • 7.74%Cost of funding earning assets
  • 4.76%Net interest margin
  • 2.98%Noninterest income to earning assets
  • 0.21%Noninterest expense to earning assets
  • 2.39%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 0.85%Return on equity (ROE)
  • 8.56%Retained earnings to average equity (YTD only)
  • 6.32%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,126Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.25%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 209.30%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 88.82%Net loans and leases to core deposits
  • 88.82%Equity capital to assets
  • 8.02%Core capital (leverage) ratio
  • 8.02%Tier 1 risk-based capital ratio
  • 15.82%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $12,987Average earning assets
  • $934Average equity
  • $12,496Average loans

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