State Bank of Southwest Missouri in Springfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


State Bank of Southwest Missouri - Overview

  • General
  • FDIC Certificate #: 26358
    Status: Active
    Federal Reserve ID: 293754
    Bank Holding Company (Regulatory Top Holder): State Bancshares, Inc. (RSSDID: 1404678, Location: Springfield, MO)
    Date Established: September 16, 1985
    WWW: http://www.statebankonline.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 32916
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 16, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3310 East Sunshine Street, Springfield, MO 65804
    County: Greene
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Springfield, MO (#7920)
    Core Based Statistical Area (CBSA): Springfield, MO (#44180)
    CBSA Metro Statistical Area: Springfield, MO (#44180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $88.0 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $75.9 mil
    Return on assets (ROA): 1.42% ($1.2 mil)
    Quarterly return on assets: 2.21% ($1.9 mil)
    Return on Equity (ROE): 18.98% ($1.3 mil)
    Quarterly return on equity: 29.47% ($2.1 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.42% ($1,248.9 mil)
    Quarterly Pretax return on assets: 2.21% ($1,943.7 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
  • 21Total employees (full-time equivalent)
  • $87,951Total assets
  • $1,114Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,194Securities
  • $9,987Federal funds sold & reverse repurchase agreements
  • $67,074Net loans & leases
  • $455Loan loss allowance
  • $0Trading account assets
  • $2,056Bank premises and fixed assets
  • $78Other real estate owned
  • $0Goodwill and other intangibles
  • $87,951Life insurance assets
  • $1,448All other assets
  • $81,222Total liabilities and capital
  • $75,939Total liabilities
  • $62,853Total deposits
  • $75,939Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 5221.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $62Subordinated debt
  • $6,729All other liabilities
  • $6,729Total equity capital
  • $6,729Total bank equity capital
  • $0Perpetual preferred stock
  • $650Common stock
  • $850Surplus
  • $5,229Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $925Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $177Long-term assets (5+ years)
  • $83,255Average Assets, year-to-date
  • $6,473Average Assets, quarterly
  • $87,057Volatile liabilities
  • $86,669Insider loans
  • $60,877FHLB advances
  • $85,540Loans and leases held for sale
  • $731Unused loan commitments
  • $731Tier 1 (core) risk-based capital
  • $6,694Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,529Restructured Loans and leases
  • $413Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,123Total interest income
  • $688Total interest expense
  • $3,435Net interest income
  • $132Provision for loan and lease losses
  • $726Total noninterest income
  • $0Fiduciary activities
  • $102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $624Additional noninterest income
  • $2,789Total noninterest expense
  • $1,760Salaries and employee benefits
  • $315Premises and equipment expense
  • $714Additional noninterest expense
  • $1,240Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,240Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,240Net income attributable to bank
  • $0Net charge-offs
  • $1,240Cash dividends
  • $127Sale, conversion, retirement of capital stock, net
  • $1,225Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 18.98%Return on equity (ROE)
  • 0.23%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 103.94%Credit loss provision to net charge-offs
  • 10.80%Efficiency ratio
  • 67,027Assets per employee
  • 4.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.79%Loss allowance to loans
  • 0.67%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 88.33%Net loans and leases to core deposits
  • 94.38%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 7.83%Tier 1 risk-based capital ratio
  • 11.00%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $87,057Average earning assets
  • $6,532Average equity
  • $81,730Average loans

List of branches

  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032916State Bank Of Southwest Missouri3310 East Sunshine Street, Springfield, MO 65804September 16, 1985Full Service Brick and Mortar

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