Southeast Security Bank in Mediapolis, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 23, 2002

Southeast Security Bank in Mediapolis, Iowa (IA)
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Southeast Security Bank - Overview

General
FDIC Certificate #: 34379
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Two Rivers Bank & Trust (#11760)
Federal Reserve ID: 2495020
Date Established: December 04, 1996
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 15787
FDIC's unique #: 57142
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: December 04, 1996
Last Structure Change Effective Date: August 23, 2002
Last Structure Change Process Date: September 13, 2002
Last Data Update: September 13, 2002
Data Source Date: April 05, 2012
Location
Address: 105 Main Street, Mediapolis, IA 52637
County: Des Moines
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
Core Based Statistical Area (CBSA): Burlington, IA-IL (#15460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $29.0 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, 2001)

Dollar figures in thousands
7Total employees (full-time equivalent)
$31,010Total assets
$757Cash and due from depository institutions
$0Interest-bearing balances
$1,900Securities
$3,389Federal funds sold & reverse repurchase agreements
$22,884Net loans & leases
$511Loan loss allowance
$0Trading account assets
$684Bank premises and fixed assets
$0Other real estate owned
$556Goodwill and other intangibles
$0Life insurance assets
$840All other assets
$31,010Total liabilities and capital
$28,057Total liabilities
$22,655Total deposits
$20,828Interest-bearing deposits
$22,655Deposits held in domestic offices
0.00%% insured (estimated)
$258Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,933Other borrowed funds
$0Subordinated debt
$211All other liabilities
$2,953Total equity capital
$2,953Total bank equity capital
$2,953Perpetual preferred stock
$0Common stock
$235Surplus
$2,702Undivided profits
Memoranda
$16Noncurrent loans and leases
$2,493Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$155Earning assets
$0Long-term assets (5+ years)
$394Average Assets, year-to-date
$28,173Average Assets, quarterly
$661Volatile liabilities
$31,227Insider loans
$31,406FHLB advances
$2,247Loans and leases held for sale
$692Unused loan commitments
$4,933Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,493Total unused commitments
$0Restructured Loans and leases
$288Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$267Total interest income
$157Total interest expense
$110Net interest income
$7Provision for loan and lease losses
$13Total noninterest income
$0Fiduciary activities
$13Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$87Total noninterest expense
$40Salaries and employee benefits
$9Premises and equipment expense
$38Additional noninterest expense
$29Pre-tax net operating income
$0Securities gains (losses)
$11Applicable income taxes
$18Income before extraordinary items
$0Extraordinary gains - net
$18Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.92%Yield on earning assets
0.54%Cost of funding earning assets
0.38%Net interest margin
0.04%Noninterest income to earning assets
0.30%Noninterest expense to earning assets
0.06%Net operating income to assets
0.06%Return on assets (ROA)
0.09%Pretax return on assets
0.73%Return on equity (ROE)
0.73%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
58.33%Credit loss provision to net charge-offs
3.00%Efficiency ratio
65,041Assets per employee
4.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.18%Loss allowance to noncurrent loans
329.68%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
0.66%Net loans and leases to deposits
101.01%Net loans and leases to core deposits
110.59%Equity capital to assets
9.52%Core capital (leverage) ratio
7.88%Tier 1 risk-based capital ratio
10.50%Total risk-based capital ratio
Memoranda
$12Average assets
$31,227Average earning assets
$2,454Average equity
$28,914Average loans

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