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

The Security State Bank in Emery, South Dakota (SD)
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The Security State Bank routing number info

The Security State Bank - Overview

General
FDIC Certificate #: 15749
Status: Active
Federal Reserve ID: 285553
Bank Holding Company (Regulatory Top Holder): Emery Security Bancorporation, Inc. (RSSDID: 1127771, Location: Emery, SD)
Date Established: January 01, 1920
WWW: http://www.thesecuritystatebank.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 #: 10000
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: July 01, 1940
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: 117 N Third St, Emery, SD 57332
County: Hanson
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Mitchell, SD (#33580)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.8 mil
Equity capital: $5.1 mil
Deposits held in domestic offices: $31.6 mil
Return on assets (ROA): 0.32% ($0.1 mil)
Quarterly return on assets: 0.42% ($0.2 mil)
Return on Equity (ROE): 2.24% ($0.1 mil)
Quarterly return on equity: 2.96% ($0.1 mil)
Net income: $0.1 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.34% ($125.2 mil)
Quarterly Pretax return on assets: 0.39% ($143.6 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
11Total employees (full-time equivalent)
$36,828Total assets
$8,399Cash and due from depository institutions
$8,123Interest-bearing balances
$11,834Securities
$370Federal funds sold & reverse repurchase agreements
$15,297Net loans & leases
$173Loan loss allowance
$0Trading account assets
$80Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$36,828Life insurance assets
$848All other assets
$31,691Total liabilities and capital
$31,626Total liabilities
$24,197Total deposits
$31,626Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$65Subordinated debt
$5,137All other liabilities
$5,137Total equity capital
$5,137Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$1,450Surplus
$3,637Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$271Long-term assets (5+ years)
$35,624Average Assets, year-to-date
$5,050Average Assets, quarterly
$35,416Volatile liabilities
$35,944Insider loans
$23,548FHLB advances
$36,158Loans and leases held for sale
$424Unused loan commitments
$424Tier 1 (core) risk-based capital
$5,235Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,626Restructured Loans and leases
$69Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,203Total interest income
$232Total interest expense
$971Net interest income
$0Provision for loan and lease losses
$65Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$916Total noninterest expense
$602Salaries and employee benefits
$49Premises and equipment expense
$265Additional noninterest expense
$120Pre-tax net operating income
$0Securities gains (losses)
$5Applicable income taxes
$115Income before extraordinary items
$0Extraordinary gains - net
$115Net income attributable to bank
$0Net charge-offs
$115Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.52%Yield on earning assets
0.68%Cost of funding earning assets
2.84%Net interest margin
0.19%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
0.32%Net operating income to assets
0.32%Return on assets (ROA)
0.34%Pretax return on assets
2.24%Return on equity (ROE)
2.24%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,417Assets per employee
3.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
48.37%Net loans and leases to core deposits
48.37%Equity capital to assets
13.95%Core capital (leverage) ratio
14.48%Tier 1 risk-based capital ratio
22.23%Total risk-based capital ratio
Memoranda
$23Average assets
$35,416Average earning assets
$5,136Average equity
$34,204Average loans

List of branches

2 South Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	10000	The Security State Bank	117 N Third St, Emery, SD 57332	January 01, 1920	Full Service Brick and Mortar
1	208689	Canistota Branch	315 Free Street, Canistota, SD 57012	September 01, 1966	Full Service Brick and Mortar

The Security State Bank in Emery, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

The 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:

The Security State Bank in Emery, South Dakota (SD)Overview, Financial Summary, Detailed Financial Reports, Branches

The 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:

The Security State Bank in Emery, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches