Systematic Savings Bank in Springfield, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Systematic Savings Bank in Springfield, Missouri (MO)
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Systematic Savings Bank - Overview

  • General
  • FDIC Certificate #: 29143
    Status: Active
    Federal Reserve ID: 717670
    Date Established: January 01, 1923
    WWW: http://www.mysystematic.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 2988
    FDIC's unique #: 41977
    Numeric code: 36
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: March 05, 1938
    Last Structure Change Effective Date: August 05, 2011
    Last Structure Change Process Date: August 05, 2011
    Last Data Update: August 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 318 South Ave, Springfield, MO 65806
    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)
  • Financial Summary
  • Total assets: $45.1 mil
    Equity capital: $8.0 mil
    Deposits held in domestic offices: $36.0 mil
    Return on assets (ROA): 0.16% ($0.1 mil)
    Quarterly return on assets: 0.30% ($0.1 mil)
    Return on Equity (ROE): 0.97% ($0.1 mil)
    Quarterly return on equity: 1.71% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.30% ($135.2 mil)
    Quarterly Pretax return on assets: -0.41% (-$184.8 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
  • 9Total employees (full-time equivalent)
  • $45,073Total assets
  • $4,940Cash and due from depository institutions
  • $4,861Interest-bearing balances
  • $2,010Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,424Net loans & leases
  • $359Loan loss allowance
  • $0Trading account assets
  • $785Bank premises and fixed assets
  • $97Other real estate owned
  • $0Goodwill and other intangibles
  • $45,073Life insurance assets
  • $817All other assets
  • $37,121Total liabilities and capital
  • $36,005Total liabilities
  • $36,005Total deposits
  • $36,005Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $116Subordinated debt
  • $7,952All other liabilities
  • $7,952Total equity capital
  • $7,952Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $7,952Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $154Income earned, not collected on loans
  • $0Earning assets
  • $156Long-term assets (5+ years)
  • $43,295Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $48,214Volatile liabilities
  • $45,947Insider loans
  • $23,184FHLB advances
  • $45,073Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,952Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,555Total interest income
  • $773Total interest expense
  • $1,782Net interest income
  • $336Provision for loan and lease losses
  • -$34Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$34Additional noninterest income
  • $1,265Total noninterest expense
  • $685Salaries and employee benefits
  • $231Premises and equipment expense
  • $349Additional noninterest expense
  • $147Pre-tax net operating income
  • $0Securities gains (losses)
  • $71Applicable income taxes
  • $76Income before extraordinary items
  • $0Extraordinary gains - net
  • $76Net income attributable to bank
  • $0Net charge-offs
  • $76Cash dividends
  • $491Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.51%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 3.84%Net interest margin
  • -0.07%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • 0.16%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 0.97%Return on equity (ROE)
  • 0.97%Retained earnings to average equity (YTD only)
  • 1.22%Net charge-offs to loans
  • 68.43%Credit loss provision to net charge-offs
  • 0.98%Efficiency ratio
  • 72,368Assets per employee
  • 5.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 233.12%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 101.16%Net loans and leases to core deposits
  • 103.40%Equity capital to assets
  • 17.64%Core capital (leverage) ratio
  • 17.64%Tier 1 risk-based capital ratio
  • 34.30%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $48,214Average earning assets
  • $7,808Average equity
  • $46,366Average loans

List of branches

  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041977Systematic Savings Bank318 South Ave, Springfield, MO 65806January 01, 1923Full Service Brick and Mortar

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