Security State Bank in city_name, state_name - Detailed Financial Reports, Location

Security State Bank in Cheyenne, Oklahoma (OK)
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Security State Bank routing number info

Security State Bank - Overview

General
FDIC Certificate #: 421
Status: Active
Federal Reserve ID: 58551
Bank Holding Company (Regulatory Top Holder): Cheyenne Banking Corporation (RSSDID: 2180205, Location: Cheyenne, OK)
Date Established: June 22, 1912
WWW: http://www.ssbcheyenne.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 326
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 29, 2010
Last Structure Change Process Date: Febuary 22, 2010
Last Data Update: Febuary 22, 2010
Data Source Date: April 05, 2012
Location
Address: 402 Broadway, Cheyenne, OK 73628
County: Roger Mills
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Oklahoma City
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Office Purchased
Financial Summary
Total assets: $155.1 mil
Equity capital: $16.3 mil
Deposits held in domestic offices: $134.7 mil
Return on assets (ROA): 2.14% ($3.3 mil)
Quarterly return on assets: 1.45% ($2.2 mil)
Return on Equity (ROE): 20.27% ($3.2 mil)
Quarterly return on equity: 13.48% ($2.2 mil)
Net income: $3.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 2.14% ($3,320.1 mil)
Quarterly Pretax return on assets: 1.45% ($2,249.6 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, 2011)

Dollar figures in thousands
26Total employees (full-time equivalent)
$155,143Total assets
$2,136Cash and due from depository institutions
$0Interest-bearing balances
$78,739Securities
$0Federal funds sold & reverse repurchase agreements
$69,521Net loans & leases
$1,195Loan loss allowance
$0Trading account assets
$462Bank premises and fixed assets
$0Other real estate owned
$347Goodwill and other intangibles
$155,143Life insurance assets
$3,938All other assets
$138,888Total liabilities and capital
$134,734Total liabilities
$114,037Total deposits
$134,734Interest-bearing deposits
$80Deposits held in domestic offices
3311.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$843Subordinated debt
$16,255All other liabilities
$16,255Total equity capital
$16,255Total bank equity capital
$0Perpetual preferred stock
$931Common stock
$2,400Surplus
$12,924Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$559Income earned, not collected on loans
$0Earning assets
$1,082Long-term assets (5+ years)
$148,260Average Assets, year-to-date
$81,580Average Assets, quarterly
$146,155Volatile liabilities
$153,132Insider loans
$85,142FHLB advances
$153,238Loans and leases held for sale
$2,282Unused loan commitments
$2,282Tier 1 (core) risk-based capital
$13,665Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$316Restructured Loans and leases
$143Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,143Total interest income
$811Total interest expense
$5,332Net interest income
$180Provision for loan and lease losses
$810Total noninterest income
$0Fiduciary activities
$201Service charges on deposit accounts
$0Trading account gains & fees
$609Additional noninterest income
$3,219Total noninterest expense
$1,898Salaries and employee benefits
$275Premises and equipment expense
$1,046Additional noninterest expense
$2,743Pre-tax net operating income
$391Securities gains (losses)
$0Applicable income taxes
$3,134Income before extraordinary items
$0Extraordinary gains - net
$3,134Net income attributable to bank
$0Net charge-offs
$3,134Cash dividends
$65Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.42%Yield on earning assets
0.58%Cost of funding earning assets
3.83%Net interest margin
0.58%Noninterest income to earning assets
2.31%Noninterest expense to earning assets
1.88%Net operating income to assets
2.14%Return on assets (ROA)
2.14%Pretax return on assets
20.27%Return on equity (ROE)
7.33%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
276.92%Credit loss provision to net charge-offs
44.97%Efficiency ratio
52,410Assets per employee
5.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.82%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
213.77%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.79%Net loans and leases to deposits
51.60%Net loans and leases to core deposits
59.81%Equity capital to assets
10.48%Core capital (leverage) ratio
8.92%Tier 1 risk-based capital ratio
16.05%Total risk-based capital ratio
Memoranda
$17Average assets
$146,155Average earning assets
$15,463Average equity
$139,101Average loans

List of branches

2 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	326	Security State Bank	402 Broadway, Cheyenne, OK 73628	June 22, 1912	Full Service Brick and Mortar
2	2679	Hammon Branch	301 North Eleventh Street, Hammon, OK 73650	January 01, 1914	Full Service Brick and Mortar

Security State Bank in Cheyenne, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security State Bank in Cheyenne, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Security State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security State Bank in Cheyenne, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches