Security State Bank in Elysian Fields, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 1993

  • Security State Bank in Elysian Fields, Texas (TX)
  • Show street view No street view available for this location

Security State Bank - Overview

  • General
  • FDIC Certificate #: 19936
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Service Bank (#15374)
    Federal Reserve ID: 372350
    Date Established: May 20, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 13696
    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: April 11, 1969
    Last Structure Change Effective Date: March 16, 1993
    Last Structure Change Process Date: April 19, 1993
    Last Data Update: April 19, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Crockett Street And Farm Road 31, Elysian Fields, TX 75642
    County: Harrison
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Longview-Marshall, TX (#4420)
    Combined Statistical Area (CSA): Longview-Marshall, TX (#346)
    Core Based Statistical Area (CBSA): Marshall, TX (#32220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $13.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $13,671Cash and due from depository institutions
  • $2,416Interest-bearing balances
  • $1,535Securities
  • $5,097Federal funds sold & reverse repurchase agreements
  • $375Net loans & leases
  • $5,244Loan loss allowance
  • $293Trading account assets
  • $0Bank premises and fixed assets
  • $293Other real estate owned
  • $131Goodwill and other intangibles
  • $115Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $13,671Total liabilities
  • $12,930Total deposits
  • $12,895Interest-bearing deposits
  • $11,575Deposits held in domestic offices
  • 12895.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $35Total equity capital
  • $35Total bank equity capital
  • $741Perpetual preferred stock
  • $0Common stock
  • $450Surplus
  • $300Undivided profits
  • Memoranda
  • $-9Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $216Income earned, not collected on loans
  • $36Earning assets
  • $12,251Long-term assets (5+ years)
  • $1,242Average Assets, year-to-date
  • $13,674Average Assets, quarterly
  • $13,560Volatile liabilities
  • $1,892Insider loans
  • $502FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $76Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $741Total risk weighted assets
  • $5,921Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $969Total interest expense
  • $443Net interest income
  • $526Provision for loan and lease losses
  • $217Total noninterest income
  • $128Fiduciary activities
  • $0Service charges on deposit accounts
  • $100Trading account gains & fees
  • $0Additional noninterest income
  • $28Total noninterest expense
  • $550Salaries and employee benefits
  • $223Premises and equipment expense
  • $68Additional noninterest expense
  • $259Pre-tax net operating income
  • -$113Securities gains (losses)
  • -$8Applicable income taxes
  • $0Income before extraordinary items
  • -$121Extraordinary gains - net
  • $0Net income attributable to bank
  • -$121Net charge-offs
  • $20Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.94%Cost of funding earning assets
  • 3.63%Net interest margin
  • 4.31%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 4.51%Net operating income to assets
  • -0.83%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • -0.88%Return on equity (ROE)
  • -14.02%Retained earnings to average equity (YTD only)
  • -14.02%Net charge-offs to loans
  • 0.33%Credit loss provision to net charge-offs
  • 1085.00%Efficiency ratio
  • 84,098Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.29%Loss allowance to noncurrent loans
  • 135.65%Noncurrent assets plus other real estate owned to assets
  • 2.54%Noncurrent loans to loans
  • 3.90%Net loans and leases to deposits
  • 40.67%Net loans and leases to core deposits
  • 47.66%Equity capital to assets
  • 5.42%Core capital (leverage) ratio
  • 5.36%Tier 1 risk-based capital ratio
  • 12.52%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $13,674Average earning assets
  • $863Average equity
  • $12,203Average loans

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