Western Security Bank in Omaha, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1996

  • Western Security Bank in Omaha, Nebraska (NE)
  • Show street view No street view available for this location

Western Security Bank - Overview

  • General
  • FDIC Certificate #: 18515
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mid City Bank, Inc. (#19397)
    Federal Reserve ID: 585954
    Date Established: May 14, 1962
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 12407
    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: May 14, 1962
    Last Structure Change Effective Date: December 01, 1996
    Last Structure Change Process Date: January 16, 1997
    Last Data Update: January 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 7201 Military Avenue, Omaha, NE 68134
    County: Douglas
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
    CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
  • Financial Summary
  • Total assets: $73.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $60Total assets
  • $71,765Cash and due from depository institutions
  • $7,535Interest-bearing balances
  • $0Securities
  • $11,826Federal funds sold & reverse repurchase agreements
  • $3,100Net loans & leases
  • $46,498Loan loss allowance
  • $1,161Trading account assets
  • $0Bank premises and fixed assets
  • $1,869Other real estate owned
  • $0Goodwill and other intangibles
  • $937Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $71,765Total liabilities
  • $65,350Total deposits
  • $64,083Interest-bearing deposits
  • $45,946Deposits held in domestic offices
  • 64083.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $933Subordinated debt
  • $0All other liabilities
  • $334Total equity capital
  • $334Total bank equity capital
  • $6,415Perpetual preferred stock
  • $0Common stock
  • $1,796Surplus
  • $3,091Undivided profits
  • Memoranda
  • $1,528Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,087Income earned, not collected on loans
  • $153Earning assets
  • $61,424Long-term assets (5+ years)
  • $1,466Average Assets, year-to-date
  • $72,622Average Assets, quarterly
  • $72,139Volatile liabilities
  • $6,092Insider loans
  • $4,959FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,261Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,370Total risk weighted assets
  • $53,967Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,383Total interest expense
  • $1,630Net interest income
  • $3,753Provision for loan and lease losses
  • $964Total noninterest income
  • $1,043Fiduciary activities
  • $0Service charges on deposit accounts
  • $498Trading account gains & fees
  • $0Additional noninterest income
  • $545Total noninterest expense
  • $3,259Salaries and employee benefits
  • $1,652Premises and equipment expense
  • $782Additional noninterest expense
  • $825Pre-tax net operating income
  • $573Securities gains (losses)
  • $3Applicable income taxes
  • $207Income before extraordinary items
  • $369Extraordinary gains - net
  • $0Net income attributable to bank
  • $369Net charge-offs
  • $879Cash dividends
  • $467Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.44%Cost of funding earning assets
  • 2.56%Net interest margin
  • 5.89%Noninterest income to earning assets
  • 1.64%Noninterest expense to earning assets
  • 5.11%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 0.79%Return on equity (ROE)
  • 5.93%Retained earnings to average equity (YTD only)
  • -1.58%Net charge-offs to loans
  • 1.82%Credit loss provision to net charge-offs
  • 109.67%Efficiency ratio
  • 67,952Assets per employee
  • 1.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 126.56%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 55.63%Noncurrent assets plus other real estate owned to assets
  • 2.91%Noncurrent loans to loans
  • 4.38%Net loans and leases to deposits
  • 72.56%Net loans and leases to core deposits
  • 78.91%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 11.80%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $72,622Average earning assets
  • $6,220Average equity
  • $63,760Average loans

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