The Security Savings and Loan Association in Salina, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1993

The Security Savings and Loan Association in Salina, Kansas (KS)
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The Security Savings and Loan Association - Overview

General
FDIC Certificate #: 28431
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Security Savings Bank, F.S.B. (#30898)
Federal Reserve ID: 345176
Date Established: January 01, 1899
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1575
FDIC's unique #: 41265
Numeric code: 35
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: June 04, 1938
Last Structure Change Effective Date: April 01, 1993
Last Structure Change Process Date: May 04, 1993
Last Data Update: May 04, 1993
Data Source Date: April 05, 2012
Location
Address: 317 South Sante Fe, Salina, KS 67402
County: Saline
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Hays
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Salina, KS (#41460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $105.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$40Total assets
$108,871Cash and due from depository institutions
$2,169Interest-bearing balances
$496Securities
$23,162Federal funds sold & reverse repurchase agreements
$1,900Net loans & leases
$74,023Loan loss allowance
$1,242Trading account assets
$0Bank premises and fixed assets
$1,825Other real estate owned
$4,246Goodwill and other intangibles
$1,546Life insurance assets
$0All other assets
$0Total liabilities and capital
$108,871Total liabilities
$105,041Total deposits
$102,264Interest-bearing deposits
$100,755Deposits held in domestic offices
102264.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$750Subordinated debt
$0All other liabilities
$2,027Total equity capital
$2,027Total bank equity capital
$3,830Perpetual preferred stock
$0Common stock
$280Surplus
$857Undivided profits
Memoranda
$2,693Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,052Income earned, not collected on loans
$527Earning assets
$99,581Long-term assets (5+ years)
$0Average Assets, year-to-date
$109,555Average Assets, quarterly
$108,822Volatile liabilities
$2,789Insider loans
$0FHLB advances
$750Loans and leases held for sale
$0Unused loan commitments
$1,421Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,830Total risk weighted assets
$61,978Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$8,821Total interest expense
$5,515Net interest income
$3,306Provision for loan and lease losses
$43Total noninterest income
$1,487Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,487Total noninterest expense
$2,640Salaries and employee benefits
$980Premises and equipment expense
$430Additional noninterest expense
$1,230Pre-tax net operating income
$2,110Securities gains (losses)
-$10Applicable income taxes
$497Income before extraordinary items
$1,603Extraordinary gains - net
$0Net income attributable to bank
$1,603Net charge-offs
$1Cash 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
8.85%Cost of funding earning assets
5.54%Net interest margin
3.32%Noninterest income to earning assets
1.49%Noninterest expense to earning assets
2.65%Net operating income to assets
1.47%Return on assets (ROA)
1.46%Pretax return on assets
1.92%Return on equity (ROE)
52.46%Retained earnings to average equity (YTD only)
52.46%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
4300.00%Efficiency ratio
55,080Assets per employee
2.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
60.53%Noncurrent assets plus other real estate owned to assets
5.76%Noncurrent loans to loans
2.73%Net loans and leases to deposits
72.38%Net loans and leases to core deposits
73.86%Equity capital to assets
3.52%Core capital (leverage) ratio
3.52%Tier 1 risk-based capital ratio
6.18%Total risk-based capital ratio
Memoranda
$7Average assets
$109,555Average earning assets
$3,055Average equity
$99,637Average loans

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